All Indian Companies should standardize their rates in Indian Rupees (INR) rather than US Dollars (USD). In this way let the client pay more money rather than supplier getting less. In case people think that this way we will get less Business then I dont think that will happen as India is very strong in IT and Indian IT Companies has made a very good name in the international markets. Someone has to do the job na... Why India pay the price for its valuable manpower...
RE:Indian Companies should Standardise their Rates
by Naman Sood on Jan 31, 2008 06:23 PM Permalink
If India is a real software superpower, India should be in dictating terms including quoting in Rupees and not vice versa.
RE:Indian Companies should Standardise their Rates
by Munish Oberoi on Jan 31, 2008 06:40 PM Permalink
@ Naman... You said it mate... u r right... none of the Indian companies has the guts or the belly to quote in INR they do it in USD as their master demands... so when the USD tanks they take a hit... in this regard I feel proud for one thing... my comapny has all along quoted in INR not USD
RE:Indian Companies should Standardise their Rates
by Naman Sood on Jan 31, 2008 06:24 PM Permalink
Now I am sure some bonehead Indian will come and say nuke America
RE:Indian Companies should Standardise their Rates
by Souvik Jana on Jan 31, 2008 06:26 PM Permalink
Correct... And in this way the Development of the IT Company will be on Business rather that the Currency values between India and the Client Country...
RE:RE:Indian Companies should Standardise their Rates
by SSS AAAA on Jan 31, 2008 06:43 PM Permalink
Indeed a very good suggestion from Souvik. Why always look at every thing from US perspective. Its time the World and in partilcuar India realize the strength of a Rupee and India's true potential. In every business, both parties agree to do the business basis mutually agreed terms and conditions and this should be one of the terms for doing business. Well done Souvik.
