Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
rupee appreciation is good
by Suresh Padmanabhan on Jul 25, 2007 08:52 PM

look at tech cos. they have been focussing mostly in US. They will now be forced to do technology work in our country itself, thereby strengthening the Indian Economy. You want mangoes the best goes overseas, you want garments the best goes overseas, you want technology, go overseas and get back the same indian technology.. funny isnt it. now it is payback time for India. Otherwise in normal course no infosys,satyam or wipro would ever focus on India itself because of low margins compared to US and other economies. Because the nature of business is to be commercial. Now the ruppee may change all that.


    Forward  |  Report abuse
The above message is part of the Discussion Board:
Rupee rise: How you are affected