Eternal, Swiggy shares fall 4%. Is LPG shortage beginning to hurt food delivery business?
- Posted on March 12, 2026
- By Business News Today
- 6 Views
Eternal, Swiggy shares fall 4%. Is LPG shortage beginning to hurt food delivery business?
Shares of online food delivery giants Zomato and Swiggy tumbled sharply on Thursday as a commercial LPG shortage raised concerns over restaurant closures and limited menus. Indias heavy reliance on Middle Eastern LPG—around 90% of imports come from Qatar, Saudi Arabia, UAE, and Kuwait—has left the sector highly vulnerable.