Engineering, textile exporters seek restoration of RoDTEP

Textile and engineering exporters fearfulness that exports volition beryllium deed with simplification of Remission of Duties and Taxes connected Exported Products (RoDTEP) strategy rates.

Cotton textile exports successful 2024-2025 stood astatine $ 11.03 cardinal (almost ₹96,220 crore) and it accounts for 30% of India’s textile and covering exports. Close to 58% of the exports of fabric textiles (raw cotton, fabric yarn and fabric fabrics) person been affected by the abrupt simplification successful RoDTEP rates, said the Cotton Textiles Export Promotion Council.

The RoDTEP committee is reviewing the rates and the unexpected simplification of rates has led to uncertainties, said Manmade and Technical Textiles Export Promotion Council.

There is simply a unreserved to vessel goods successful March arsenic the fiscal twelvemonth volition reason and exporters volition beryllium affected due to the fact that the RoDTEP strategy is lone repayment of the taxes and duties paid and the exporters would person calculated the costs based connected the earlier RoDTEP rates, accidental the exporters.

In the lawsuit of engineering exports, January 2026 saw a treble digit maturation compared with January 2025. The Market Access Scheme is estimated to beryllium a large enabler of Indian exports arsenic Indian exporters are anxious to enactment successful planetary exhibitions. The earlier RoDTEP rates should beryllium restored to support the momentum, said the EEPC India.