Rising rupee sees pressure for export support

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With the rupee expected to continue strengthening in the short term, a demand for further tariff support to select sectors has risen.

"The worst is still to come. With the currency appreciating at a fast clip, while those of major competitors steadily go down, competitiveness of Indian goods will go down," says Ajay Sahai, director-general of the Federation of Indian Export Organisations.document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });

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