The escalating conflict in the Middle East could threaten more than $50 billion in annual remittances sent to India, raising concerns about the economic impact on millions of families.
India receives one of the largest volumes of remittances in the world, with a significant share coming from Indian workers living in Gulf countries such as the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, and Oman.
Economists warn that instability in the region could disrupt jobs, travel, and financial transfers, potentially affecting the income many families in India rely on. Millions of Indian nationals work across the Gulf region, particularly in construction, services, and energy industries. Any disruption to those sectors could reduce the flow of money sent back home.
Analysts say the risk highlights how closely global conflicts can affect migrant workers and the economies of countries that depend heavily on remittances. Officials have said they are monitoring the situation closely as tensions in the region continue.