Severe floods in Nepal have brought an eerie silence to Indian markets!

Severe floods in Nepal have brought an eerie silence to Indian markets!

The impact of the devastating floods in Nepal is being felt not only within the country itself but also in Indian markets. Shops in towns bordering Nepal—usually bustling with activity day and night—now wear a deserted look. With the flow of customers from Nepal having come to a standstill, local Indian traders are grappling with a deep crisis and uncertainty. In fact, the economy of markets situated along the India-Nepal border relies entirely on customers from Nepal. Whether it is a shop selling clothing, groceries, electronics, cosmetics, footwear, or utensils, cross-border visitors are the primary buyers for these traders. Local shopkeepers state that 80% to 90% of their sales depend on Nepalese citizens.