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The plea got here within the backdrop of the tariff and extra tariff announcement of the U.S. President Donald Trump on imports from India.
State-level interventions are equally very important for the exporters, FTCCI President R. Ravi Kumar stated in a illustration to Industries and IT Minister D. Sridhar Babu.
Four-pronged help
Exemption of commerce license payment for manufacturing industries; discount within the charges for industrial institutions by reverting to earlier cap of ₹7,000 each year, according to practices in different States; expedited launch of pending incentives to MSMEs and enormous industries; and subsidies on logistics prices to make Telangana’s exports extra aggressive globally are measures FTCCI sought from the State authorities.
Mr. Ravi Kumar expressed concern over potential escalation of tariffs on Indian exports by the U.S. and the way the transfer might considerably influence Telangana’s export-driven sectors corresponding to chemical compounds, agricultural merchandise, together with rice, engineering items, textiles, and gems and jewelry. These industries contribute considerably to the State’s GSDP, employment era, and authorities revenues, he stated.
The menace of upper tariffs and penalties, coupled with weakening capital inflows, poses a grave problem to exporters and MSMEs working within the State. While the Centre is actively exploring measures to mitigate the influence—corresponding to recalibrating financial institution threat fashions to decrease borrowing prices, decreasing testing and certification charges, and launching an Export Promotion Mission, State-level interventions are equally very important.
“Shielding exporters from exterior shocks is crucial not only for defending current companies but additionally for sustaining employment and financial progress in Telangana,” he stated.
Published – August 07, 2025 09:41 pm IST
