Rupee rise is definetly a boon to India
Rupee rise is definetly a boon to India. It should be increase up to a certain level.
Presently rupeee dollar difference is too much.
If 1 Dollar = 12-15 rupee.
Then indian economy will play a lead role in the world market.
Reasons -
1. India can help to Asian, African neighbouring countries bearing in mind for India's good faith.
2. Indian companies, citizens can increase there influence by acquisition of foreign companies and investment in there markets.
3. Trade for defence equipment , oil etc. became cheaper.
4. Quality education, people will play and share there views and can work together globally with an ease.
As per my belief some ppl and companies are creating unnecessarily making hue and cry about just a smll rise in rupee, while there profit margin is still very high.Are they unable for globally competitive market.India will be still be best destination to invest , for IT companies and for outsourcing companies i.e Globaloffice of world even if Dollar/Rupee = 20
Presently rupeee dollar difference is too much.
If 1 Dollar = 12-15 rupee.
Then indian economy will play a lead role in the world market.
Reasons -
1. India can help to Asian, African neighbouring countries bearing in mind for India's good faith.
2. Indian companies, citizens can increase there influence by acquisition of foreign companies and investment in there markets.
3. Trade for defence equipment , oil etc. became cheaper.
4. Quality education, people will play and share there views and can work together globally with an ease.
As per my belief some ppl and companies are creating unnecessarily making hue and cry about just a smll rise in rupee, while there profit margin is still very high.Are they unable for globally competitive market.India will be still be best destination to invest , for IT companies and for outsourcing companies i.e Globaloffice of world even if Dollar/Rupee = 20
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