A possible easing of tensions in West Asia could improve trade flows and support India’s ports and logistics sector, according to a report by global brokerage Jefferies. The report said a return to normal trade activity in the region could increase cargo movement and benefit companies linked to ports and logistics.
India’s trade with the Middle East reached US$229 billion in FY26. Since March 2026, cargo volumes at Indian ports have increased by 4% year on year, below the historical growth rate of 6%. Container volumes have risen 7%, while cargo handled by Indian Railways have fallen 5%, indicating stronger port performance during this period.
Jefferies identified Adani Ports, JSW Infrastructure, Container Corporation of India (Concor), Delhivery, and Aegis Vopak as potential beneficiaries if tensions ease. The brokerage also maintained its preference for port companies, citing capacity additions, terminal privatization, and operational improvements as factors supporting the sector.
