Post a Comment On: MY VOICE"Dollars Ripples pushing India’s Competitiveness to Uncomfortable Zone."

Post a Comment On: MY VOICE"Dollars Ripples pushing India’s Competitiveness to Uncomfortable Zone."
2 Comments - Show Original Post
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Satish said...
Rightly said! It has hurt a lot.

November 6, 2007 5:28 PM


Amit Prakash said...
Yes you are correct, but if $ do not go down further from 39.00 than it is not a big problem as govt. now has increased Drawback rate and now planiing to reduce income tax rates to give exportes some space to play with comptition. But in future US$ may go down to 36.5-37 nad that point is a big-big problem.
I think atleast textile exporters should now look towards domestic market as the big retail chains are knocking the door of India and they all need merchandise to sell.