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FM proposes duty-free imports of specified inputs for leather exports

The move will help provide cushion to leather exporters who are reeling under the steep 50 per cent US tariffs

FM Sitharaman proposes duty-free imports of certain specified inputs for promoting the country's exports of leather | Image: Screengrab/SansadTV

Press Trust of India New Delhi

1 min read Last Updated : Feb 01 2026 | 1:01 PM IST

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Finance Minister Nirmala Sitharaman on Sunday proposed duty-free imports of certain specified inputs for promoting the country's exports of leather.

The move will help provide cushion to leather exporters who are reeling under the steep 50 per cent US tariffs.

The country's leather and leather products shipments dipped marginally 0.23 per cent to $3.3 billion during April-December 2025-26.

She also exempted parts used to manufacture microwave ovens from basic customs duty.

Sitharaman announced that India will develop 15 archaeological sites, including Lothal, Dholavira, Rakhigarhi, Sarnath, and Hastinapur.

She also proposed to extend the time period of exports of final products from six months to one year for exporters of leather, and textile garments.

Further the minister said that the government will support Artificial Limbs Manufacturing Corporation of India to scale up production of assistive devices.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)