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.
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