With the rupee expected to continue strengthening in the short term, a demand for further tariff support to select sectors has risen.
"The worst is still to come. With the currency appreciating at a fast clip, while those of major competitors steadily go down, competitiveness of Indian goods will go down," says Ajay Sahai, director-general of the Federation of Indian Export Organisations.
Major exporting sectors such as engineering products, readymade goods and automobiles are expected to come under the pressure of reduced earnings and potential drops in orders.
It doesn't help that these major foreign exchange earners are also price-sensitive. They need to
