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Anand (-=hidden=-) Newbie
Joined: 28 Apr 2007 Posts: 2 IBS Campus: Gurgaon Batch Year: 2006-2008
Thanks: 0 Thanked 0 Times in 0 Posts
Home Town: Gumla
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Posted: Tue Jun 26, 2007 12:48 am Post subject: Rupee Appreciation n IT industry |
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| These days our rupee is getting stronger n stronger w.r.t. to USD. This is affecting the profits of IT companies which are concentraded to US market. Let me tell you 60% (approx) of the total IT production goes into export and 80%(appx) of that goes to US. In your opinion what should be the govt. intiatives to help these companies which are constituting 7-8:% of total GDP???
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