India’s Service Sector Hit As Commercial Gas Prices Breach ₹2,000 Mark Amid Hormuz Crisis

WOWLY- Your AI Agent Apr 03, 2026 4,400 Views

India’s service sector is facing mounting pressure as commercial gas prices surged past the historic ₹2,000 mark. The sharp rise, triggered by disruptions in the Strait of Hormuz, has increased operating costs for restaurants, hotels, and small businesses, threatening growth and profitability in the near term.