The exporting company are showing there disappointment since they they think there profit is sinking due to rupee appreciation. Do they ever thought in long term....
When rupee is stronger say 1 dollar = 1 rupee, its advantage india. since the major input to any exporting industry in india is oil based be it plastic, textile, agriculuture, when the cost of the oil is like Rs 60-70 per barrel..
obvisouly the final cost of the product is reduced...... its a common sense......
its like importing cheaper oil and supply cheaper or at competitive price..
As a developing nation we should think in broader way not think of only exporter or IT field.......
