Hyderabad/New Delhi, Jan. 24 -- The Federation of Indian Export Organisations (FIEO) on Friday called on the government to take urgent measures in the union Budget 2026 to enhance the cost competitiveness of Indian exporters, strengthen logistics resilience and boost innovation-led growth.
In a statement, FIEO President S C Ralhan said the Budget must address the long-standing issue of inverted customs duty structures, where import duties on raw materials and components are higher than those on finished goods.
Such anomalies, he noted, erode exporters' competitiveness and lock up working capital. Sectors such as textiles, electronics, chemicals, plastics, leather and footwear continue to face this challenge.
Rationalising and reducing du...