When the liberalisation started the exchange rate was around 38-39 per dollar. Now it went to 45-46.Then the importers suffered . the exporters enjoyed They never gave the consumer any benefit. The IT companies enjoyed a lot of surplus. Every employee reaped the benefits in abundance.They were richer by the day. BUt the enginerring industries were hit hard by the weak rupee. The real management lies in doing the balncing act at all times.They always want every factor to be in their favour so that they are always in the comfort zone. By sgtrengthening of the Rupee only a handful is affected. Majority if benefitted by lower cost of imports,oil, crude metals and engg goods. Let it reamin so. For the sake of hand ful let us not disturb the mejority. Let them tighten their belt and effect c ost cutting and come pout of the difficulties, The net profit has only come down. It ha not become negative. Let them work on lean and become properous. Vrajaraman
