Indian cos take guard against Rupee’s strikes: Fast-track exports, deepen localisation, extend currency hedging timelines
India Inc is stepping up exports, increasing localisation and expanding currency hedging as the weakening rupee starts hurting margins. Companies are also advancing imports and inventory purchases to lock in costs amid fears of further currency depreciation. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/indian-cos-take-guard-against-rupees-strikes-fast-track-exports-deepen-localisation-extend-currency-hedging-timelines/131363180