Indian exporters are calling on the government to restore incentives such as the Interest Equalisation Scheme and RODTEP for SEZ and export-oriented units as a response to a 26% tariff imposed on Indian exports to the US. Industries such as marine products, dairy, medical equipment, machinery, and carpets are particularly impacted by this levy. Recommendations put forth include the prioritization of these sectors and assistance for exporters in expanding into new markets.
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Indian exporters seek government support amid US export levy, call for reinstating key benefits to aid affected sectors.
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Trump’s Tariff Tweaks: US President’s 26% Reciprocal Tariff on Indian Goods Sees Fluctuations, Affects 57 Countries
