AIAI and WTC Mumbai Welcome Reopening of Strait of Hormuz; Signals Relief for Global Energy and Trade

Dr. Vijay Kalantri, President, All India Association of Industries and Chairman,
World Trade Center Mumbai.

Mumbai, 17 April 2026: The All India Association of Industries and World Trade Center Mumbai, in a significant and welcome development for global trade and energy security, welcome the recent announcement by the Iranian Ports and Maritime Organization regarding the reopening of the Strait of Hormuz for commercial navigation during the ongoing ceasefire period.

Dr. Vijay Kalantri, President, All India Association of Industries (AIAI) and Chairman, World Trade Center Mumbai, said,We welcome the recent announcement by the Iranian Ports and Maritime Organization regarding the
reopening of the Strait of Hormuz for commercial navigation during the ongoing ceasefire period.

This timely and constructive development is a positive step towards restoring confidence in global maritime trade and ensuring the smooth flow of critical energy supplies. It highlights the value of sustained dialogue, prudent coordination, and mutual restraint in addressing complex regional challenges.

He further added, The resumption of commercial navigation through this vital waterway is expected to significantly ease pressures on the global energy market, offering much-needed relief to trade and industry, while also
benefiting consumers worldwide. It is likely to contribute to moderating prevailing inflationary trends and enhancing overall economic stability.

This shall ease the global energy crisis faced by the trade industry and common people across the world and also bring down the inflationary trend.”“ The All India Association of Industries and World Trade Center Mumbai express optimism that continued stability will reinforce global trade flows, support economic recovery, and benefit industries and communities worldwide.

Regards,
Sangeeta Jain
Senior Director
All India Association of Industries (AIAI)