Trade and industry body Federation of Telangana Chambers of Commerce and Industry (FTCCI) has appealed to the Telangana government to support and protect exporters amid global trade challenges.
The plea came in the backdrop of the tariff and additional tariff announcement of the U.S. President Donald Trump on imports from India.
State-level interventions are equally vital for the exporters, FTCCI President R. Ravi Kumar said in a representation to Industries and IT Minister D. Sridhar Babu.
Four-pronged support
Exemption of trade license fee for manufacturing industries; reduction in the fees for commercial establishments by reverting to earlier cap of ₹7,000 per annum, in line with practices in other States; expedited release of pending incentives to MSMEs and large industries; and subsidies on logistics costs to make Telangana’s exports more competitive globally are measures FTCCI sought from the State government.
Mr. Ravi Kumar expressed concern over potential escalation of tariffs on Indian exports by the U.S. and how the move could significantly impact Telangana’s export-driven sectors such as chemicals, agricultural products, including rice, engineering goods, textiles, and gems and jewellery. These industries contribute substantially to the State’s GSDP, employment generation, and government revenues, he said.
The threat of higher tariffs and penalties, coupled with weakening capital inflows, poses a grave challenge to exporters and MSMEs operating in the State. While the Centre is actively exploring measures to mitigate the impact—such as recalibrating bank risk models to lower borrowing costs, reducing testing and certification fees, and launching an Export Promotion Mission, State-level interventions are equally vital.
“Shielding exporters from external shocks is essential not just for protecting existing businesses but also for sustaining employment and economic growth in Telangana,” he said.
Published – August 07, 2025 09:41 pm IST
