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Iran conflict may last longer and hit India remittances from Gulf workers hard

Economy
Published on 24 April 2026
Iran conflict may last longer and hit India remittances from Gulf workers hard

Kerala and Maharashtra face the biggest stress if jobs slip

India’s steady remittance inflows from Gulf nations are at risk as the Iran conflict drags on. Economies such as Kerala and Maharashtra, which rely heavily on these funds, could feel the squeeze through weaker earnings and employment. While business activity looks stable for now, a prolonged fight may translate into job losses for laborers and lower income for professionals across sectors tied to Gulf demand.

  • Prolonged Iran conflict threatens India’s Gulf remittances
  • Kerala and Maharashtra are most exposed to reduced inflows
  • Short-term business activity may hold, but job risks are rising
  • Labor earnings could fall first, followed by professionals’ pay
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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