Exporters

West Asia crisis: More destinations added to RELIEF scheme for exporters

The government on Friday expanded the list of eligible destinations under RELIEF scheme for exporters amid the West Asia crisis, which has impacted the country's exports. On March 19, the government launched a Rs 497-crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme to assist exporters facing disruptions due to the conflict. "With this expansion, Egypt and Jordan have been added to the list of eligible countries for shipments meant for delivery or transhipment, under the relevant provisions of the RELIEF framework," the commerce ministry said. It also clarified that exporters obtaining a fresh ECGC whole turnover policy on or after March 16, 2026 would be eligible for support. This clarification is aimed at ensuring greater clarity and facilitating wider participation of exporters, particularly new policyholders. "In view of the evolving geopolitical situation in West Asia and its continuing impact on maritime logistics across the Gulf and adjoini

West Asia crisis: Export of recycled metals hit as war-risk charges persist

Indian exporters continue to face steep war-risk and freight charges despite a ceasefire, with rising logistics costs eroding margins and disrupting supply chains

West Asia crisis: More measures on anvil to support exporters, says Goyal

The government has announced measures to help exporters tackle the impact of the West Asia crisis and some more decisions are on the anvil, Commerce and Industry Minister Piyush Goyal said on Thursday. An US-Israel attack launched on Iran in February has disrupted movement of ships in the international waters. It has also pushed air freight and insurance cost for traders. To help exporters, the government has announced certain decisions through a relief package and "some more decisions are on the anvil, are under consideration at different levels and different ministries," he told reporters here. As part of relief measures, the government is looking at providing some freight subsidies. Last month, the government rolled out a Rs 497 crore RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme for exporters, who are facing disruptions due to the ongoing West Asia conflict. Goyal informed that during his bilateral meetings with trade ministers of other countries

RoDTEP benefits for exporters extended till Sep 30 amid Iran crisis

The government has extended fiscal benefits under the RoDTEP scheme for exporters by six months, until September 30, amid disruptions to global trade caused by the ongoing West Asia crisis. The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in 2021, provides for a refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods, and not being reimbursed under any other mechanism at the Centre, state or local level. Refunds under the scheme range from 0.3 per cent to 3.9 per cent. The scheme was valid till March 31, this year. "Eligible exports made during the period from April 1 to Sep 30, 2026 shall continue to be entitled to RoDTEP benefit at the rates and value caps in force as on March 31, subject to the existing terms and conditions of the scheme," the Directorate General of Foreign Trade (DGFT) has said in a notification. The budget allocation under the scheme for 2025-26 was Rs 18,232 ..

RBI extends export credit window till June 30 amid West Asia disruptions

Central bank extends 450-day export credit facility for disbursals till June 30 to ease cash flow pressures amid disruptions caused by West Asia conflict

West Asia crisis: Govt restores full Rodtep benefits to exporters

The government on Monday restored full benefits under the RoDTEP scheme to exporters amidst the ongoing West Asia crisis disrupting global trade. Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. The exporting community expressed disappointment and had sought reconsideration of the decision. "The RoDTEP rates and value caps as specifiedas applicable on February 22, 2026, are hereby restored with effect from February 23, 2026 to March 31, 2026 for all eligible export products," the Directorate General of Foreign Trade (DGFT) said in a notification. The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in 2021, provides for a refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods, and not being reimbursed under any other mechanism at the Centre, state or local level. Refunds under the scheme range from

Centre offers insurance support as SMEs face cash-flow strain from Iran war

The RELIEF scheme mainly includes consignments destined for delivery or trans-shipment to the UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Iraq, Iran, Israel, and Yemen

Iran war: Concor slashes storage-related charges in relief for exporters

Customs allows foreign liquid bulk cargo to be stored at Indian ports

Exporters plan early shipments, explore alternate routes amid Iran war

Exporters and logistics providers are minimising disruptions caused by the ongoing West Asia crisis by closely monitoring carriers, planning shipments in advance, and exploring alternative routes. The exporting community said that businesses are also adjusting inventory, contracts, and schedules for flexibility. They added that support measures, such as sharing regular advisories, engaging with shipping lines to manage surcharges, ensuring vessel/container availability, allowing flexibility in compliance timelines, and maintaining dialogue between industry bodies and government authorities, will help the domestic industry deal with this crisis. "Things are not improving, but we are trying to manage our exports. Shipping lines should not take undue advantage of this situation," Federation of Indian Export Organisations (FIEO) President SC Ralhan said. Ongoing geopolitical tensions in West Asia, especially around the Strait of Hormuz, are creating uncertainty for India's exports, ...

Exporters' body urges govt to ensure LPG, gas supply for manufacturers

Exporters' body FIEO on Thursday urged the government to allocate LPG and natural gas to export-oriented manufacturing units on a priority basis, as any disruptions in the fuel availability will create problems in maintaining production schedules. Federation of Indian Export Organisations (FIEO) President S C Ralhan said that he has written a letter in this regard to the commerce and industry ministry. "Manufacturing exporters are facing issues. There is an urgent need for priority allocation of LPG/natural gas as fuel for export-oriented units (EOUs) and export-oriented SMEs," Ralhan said. The West Asia crisis, triggered by the launch of a joint attack by the US and Israel on Iran, has disrupted energy supplies in several countries. The government has revised the priority order for allocating domestically produced natural gas, placing LPG production alongside CNG and piped cooking gas at the top. He said that export-oriented manufacturing units are operating in a highly competitiv

Centre reviewing Rodtep scheme to assess and justify its continuation

Reassessment is a part of exercise to rationalise central-sector schemes to enhance efficiency

Govt will fund major EU compliance costs for SMEs, says Piyush Goyal

Piyush Goyal says the government will fund key compliance costs for small exporters needing EU approvals under CBAM and REACH, as India expands trade deals and targets $2 trn exports

Cyber threats a risk, but financial sector well equipped: DFS secretary

US tariff easing brightens outlook for Indian exporters, says DFS secy Nagaraju

Budget's manufacturing focus to support exports amid global headwinds

Several announcements in the FY27 budget, such as a scheme for container production and rationalisation of customs duties, would help boost domestic manufacturing and the country's exports, according to exporters. They said that amid turbulent times, trade tensions, global headwinds and multiple challenges in the international market, the budget proposals will extend a helping hand to the domestic industry. Sanjay Budhia, Chairman of CII's National Committee on Exports and Managing Director of Patton International Ltd, said the Union Budget 2026-2027 is a positive pointer unveiling the growth agenda and unleashing the growth potential of the country. "The proposed Rs 10,000-crore scheme for building a globally competitive container manufacturing ecosystem is a timely and strategic intervention," he said. The focus on developing indigenous container capacity will reduce import dependence, lower freight costs, and provide operational flexibility for India's export logistics, Budhia .

Budget 2026: Exporters seek fix for inverted duty structure, lower taxes

Ahead of Budget FY27, exporters seek correction of inverted duties, lower taxes for MSME manufacturers and targeted support for shipping and R&D

Indian exporters risk losing US orders without January trade deal

The punitive 50 per cent US tariffs since August already hurt the exporters' order volumes in the typically busy winter and Christmas season in 2025

Govt rolls out ₹4,531-crore market access support scheme for exporters

The government on Wednesday launched Rs 4,531 crore market access support for exporters under which financial support will be provided to participate in activities such as international fairs and exhibitions. It will help exporters at some time when they are facing a steep 50 per cent tariff by the US. The measure is a part of the Rs 25,060-crore export promotion mission. Under the Market Access Support, Rs 4,531 crore will be allocated over six years (2025-31) and Rs 500 crore has been earmarked for 2025-26. Director General of Foreign Trade Ajay Bhadoo said under the measure structured financial and institutional support will be provided for activities including Buyer-Seller Meets (BSMs), participation in international trade fairs and exhibitions, Mega Reverse Buyer-Seller Meets (RBSMs) organised in India. A forward-looking three-to-five-year calendar of major market access events will be prepared and approved in advance, enabling exporters and organising agencies to plan ...

EU's carbon tax to kick in from Jan 1, may hurt Indian exporters: GTRI

The European Union's (EU) carbon tax on certain metals will come into force from Thursday and is expected to hurt India's steel exports, think tank GTRI said on Wednesday. The 27-nation bloc is imposing this tax on goods that emit carbon during the manufacturing process. In steel, emissions are highest for Blast Furnace -- Basic Oxygen Furnace (BFBOF) routes, lower for gas-based Direct Reduced Iron (DRI), and lowest for scrap-based Electric Arc Furnace (EAF) routes. Similarly, in aluminium, electricity source and power intensity are critical. Power generated from coal significantly raises the carbon burden and, therefore, the CBAM cost. The Global Trade Research Initiative (GTRI) said that many Indian exporters may have to cut prices by 15-22 per cent so EU importers can use that margin to pay the CBAM (carbon border adjustment mechanism) tax. Indian exporters will not pay the tax directly as the EU-based importers -- registered as authorised CBAM declarants --have to buy CBAM ...

Trade portal to open new insights for importers, exporters, startups: Goyal

The Trade Intelligence and Analytics (TIA) portal will open up new insights for importers, exporters, startups, and MSMEs of the country, Commerce and Industry Minister Piyush Goyal has said. Launching the portal here on Tuesday, he said the platform will help exporters better utilise the free trade agreements implemented by India so far. Developed by the Department of Commerce, the TIA Portal is a one-stop trade intelligence and analytics platform that integrates multiple global and national databases along with macro-economic indicators into a unified analytical model offering over 270 analytics. The platform provides real-time, interactive insights on India and global trade, commodities and sectoral analytics, market intelligence, including export opportunities, and competitor analysis. It also includes automated trade reports and tracking of trade trends for manufacturing sectors related to PLI (production linked incentive) and critical minerals. Vanlalram Sanga, Economic Advi

Govt's ₹45,000 cr schemes to boost global competitiveness: Exporters

The two schemes with an outlay of Rs 45,000 crore approved by the government for exporters will help industry tackle long-standing challenges such as affordable finance, compliance complexities, and branding gaps, exporters say. They said that the Export Promotion Mission (Rs 25,060 crore) and the Credit Guarantee Scheme (Rs 20,000 crore) will strengthen India's export ecosystem and global competitiveness. Sanjay Budhia, Chairman of CII's National Committee on Exports and Managing Director of Patton International Ltd, said these measures aim to empower MSMEs, first-time exporters, and labour-intensive sectors, ensuring resilience amid global trade uncertainties. Budhia said, "By integrating financial and non-financial interventions under one umbrella, it tackles long-standing challenges such as affordable finance, compliance complexities, and branding gaps, unlocking new opportunities for MSMEs" He added that digital integration with existing trade systems will transform the export