A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print
- Posted on June 2, 2026
- By Business News Today
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- 1 min read
A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print
Indias fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as India faces a below-normal monsoon forecast, with the IMD projecting rainfall at 90% of the long-term average and a 92% probability of El Niño conditions, raising concerns over crop output and food inflation.
