LPG crisis: Swiggy, restaurant stocks feel heat; 30% eateries shut
NewsBytes | March 12, 2026 2:40 PM CST
Gig workers and investors feel the pinch
If you love ordering food or work in the gig economy, this shortage stings.
With 20-30% of Mumbai's restaurants already closed (and more expected), gig workers risk losing income as delivery demand drops sharply.
Investors are also worried about how this will hit company earnings.
The shortage started after an attack on Qatar Energy's Ras Laffan complex led to supply disruptions in early March.
With distributors pausing supplies amid escalating geopolitical tensions in West Asia, India is now scrambling for alternatives, including possible imports from the US or Canada, to keep kitchens running.
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