+
FIMI seeks urgent RoDTEP extension for aluminium exporters
ECONOMY & POLICY

FIMI seeks urgent RoDTEP extension for aluminium exporters

"The Federation of Indian Mineral Industries (FIMI) has urged the Ministry of Commerce and Industry to extend the Remission of Duties or Taxes on Export Products (RoDTEP) Scheme for aluminium-producing units operating under Advance Authorisation (AA), Export Oriented Units (EOUs), and Special Economic Zones (SEZs).

This appeal follows a similar request made by the Aluminium Association of India (AAI) to the Ministry of Finance, citing the need to safeguard the competitiveness of nearly 45 per cent of India’s aluminium exports originating from AA/EOU/SEZ units.

In a letter to Commerce Secretary Shri Sunil Barthwal, FIMI noted that the lapse in RoDTEP coverage beyond 5 February 2025 places Indian producers at a 5-10 per cent cost disadvantage due to embedded taxes. The sector, with $20 billion in investments and 4.1 million tonnes annual capacity, is the world’s second-largest aluminium producer.

FIMI warned that delays could lead to production cuts, job losses, and reduced domestic value addition. While the scheme had been extended thrice, the industry awaits formal notification of coverage post 6 February 2025."

The Federation of Indian Mineral Industries (FIMI) has urged the Ministry of Commerce and Industry to extend the Remission of Duties or Taxes on Export Products (RoDTEP) Scheme for aluminium-producing units operating under Advance Authorisation (AA), Export Oriented Units (EOUs), and Special Economic Zones (SEZs).This appeal follows a similar request made by the Aluminium Association of India (AAI) to the Ministry of Finance, citing the need to safeguard the competitiveness of nearly 45 per cent of India’s aluminium exports originating from AA/EOU/SEZ units.In a letter to Commerce Secretary Shri Sunil Barthwal, FIMI noted that the lapse in RoDTEP coverage beyond 5 February 2025 places Indian producers at a 5-10 per cent cost disadvantage due to embedded taxes. The sector, with $20 billion in investments and 4.1 million tonnes annual capacity, is the world’s second-largest aluminium producer.FIMI warned that delays could lead to production cuts, job losses, and reduced domestic value addition. While the scheme had been extended thrice, the industry awaits formal notification of coverage post 6 February 2025.

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code