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        Customs & Trade

        Budget provides strong systemic support to export ecosystem: Commerce Secy

        February 1, 2026

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        New Delhi, Feb 1 (PTI) The Budget for 2026-27 has announced a series of measures and provides strong systemic support to the exporting ecosystem by focusing on areas such as manufacturing and trade facilitation, Commerce Secretary Rajesh Agrawal said on Sunday.

        He said that there are measures for labour-intensive as well as high-tech sectors. The focus on logistics and trade facilitation help cut compliance burden and improve India's share in global trade, Agrawal said.

        "It is an excellent Budget which provides a strong systemic support to the trade ecosystem by focusing on manufacturing, trade facilitation, by focusing on new areas. It will all help in trade diversification also," Agrawal told PTI.

        Announcements with regard to electronics, IT, pharma, marine, leather, textiles and semi-conductor will further give a boost to the country's exports, he said. Finance Minister Nirmala Sitharaman on Sunday proposed duty-free imports of certain specified inputs for promoting the country's exports of leather.

        The move will help provide cushion to leather exporters who are reeling under the steep 50 per cent US tariffs.

        The country's leather and leather products shipments dipped marginally 0.23 per cent to USD 3.3 billion during April-December 2025-26.

        "I propose to increase the limit for duty-free imports of specified inputs used for processing seafood products for export, from the current 1 per cent to 3 per cent of the FOB (free on board) value of the previous year's export turnover," Finance Minister Nirmala Sitharaman said in her Budget speech.

        The Budget has also accepted a demand of the commerce ministry with regard to the leather segment.

        "I also propose to allow duty-free imports of specified inputs, which is currently available for exports of leather or synthetic footwear, to exports of Shoe Uppers as well," she said.

        Agrawal said this will help cut compliance burden for exporters of these sectors. PTI RR RR DR DR

        Budget measures boost exports through expanded duty-free inputs and trade facilitation for manufacturing and labour intensive sectors. The Budget raises the duty-free limit for inputs used in seafood processing from 1% to 3% of prior-year FOB export turnover and extends duty-free import treatment available for leather and synthetic footwear exports to include Shoe Uppers, alongside broader measures to improve logistics, trade facilitation, and sectoral incentives to reduce compliance burden and boost export competitiveness.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Budget measures boost exports through expanded duty-free inputs and trade facilitation for manufacturing and labour intensive sectors.

                                The Budget raises the duty-free limit for inputs used in seafood processing from 1% to 3% of prior-year FOB export turnover and extends duty-free import treatment available for leather and synthetic footwear exports to include Shoe Uppers, alongside broader measures to improve logistics, trade facilitation, and sectoral incentives to reduce compliance burden and boost export competitiveness.





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