Employment intensive industries, where dependence on imported inputs was less, need to be supported as the rupee has risen around 12 per cent, commerce and industry minister, Kamal Nath, said.

"Industry should give specific ideas on which the government can work so that a package can be formulated for them," he said at the Engineering Export Promotion Council's awards function.

He said in industries which rely on imports, margins have been neutralised by the impact of rising rupee.

The minister said the proposed package could be in the form of a scheme to refund local taxes that exporters have to pay. Nath said while RBI has taken steps to manage the impact of growth, government does not artificially calibrate the rupee.

He asked the exporters to deal with rising rupee and high costs of inputs by becoming more efficient as it would also help them in facing existing and emerging competition.