Vinod : Here are some concrete examples of how Indians benefit from rupee appreciation.
When an Indian buys a DELL computer from the US, it is cheaper. When an Indian buys Microsoft Office, it is cheaper. When Kingfisher airlines buys Boeing Jets, it is cheaper. The net effect is that they will buy more jets and invest in aviation, which will make air travel relatively cheaper. India also imports all kinds of capital goods from outside. For e.g. most of the cars sold in India are manufactured in India. But to manufacture the cars, you need captial goods which are imported. When these become cheaper, Cars will also become cheaper.
These are just some of the things of the top of my head. Simple idea is, imports is what we consume. It is what we consume which makes us rich. Exports are what we pay for imports. When I go to a shop, I try to buy as much as possibel while paying as little as possible. When the rupee appreciates, it makes our imports cheaper! This is just simple fact!
