Indian exporters of labour-intensive goods such as textiles, leather, gems and jewellery on Monday met Prime Minister Narendra Modi to seek policy support as steep US tariffs have begun to hit exports. The meeting comes after the US lowered its tariffs on China, making India the highest tariff-hit country.
While textile exporters asked the PM for a policy push to boost the competitiveness of Indian products with respect to their competitors—as they are being forced to maintain exports to the US at a loss to retain their market share—gems and jewellery exporters have sought easier interest rates to better compete in foreign markets.
Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), said that to ensure a level playing field, GJEPC had requested the government to i

 The Indian Express

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