
NEW DELHI : The Indian rupee’s depreciation to an all-time low of Rs 85.10 per US dollar has brought a mixed bag of outcomes for exporters and import-reliant industries.
While sectors like garments, handicrafts, and engineering goods are poised to gain a modest 5-10 per cent, rising oil and commodity prices are neutralising benefits for import-dependent industries, including gems, jewelry, and electronics, trade insiders reveal.
Traditional export sectors such as textiles and leather are expected to reap immediate advantages from the weaker rupee.
“The rupee . . .
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