There would be no foreign Investment if Rupee equals dollar. The primary reason for a foreign investment in India is the cheapest labour cost. ... Investment in IT Sector and Service Sector which contributes huge amount for the Indian Economy will be gone if 1 Dollar is equal to 1 Rupee.
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1$ =75INR
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There would be no foreign Investment if Rupee equals dollar. The primary reason for a foreign investment in India is the cheapest labour cost. ... Investment in IT Sector and Service Sector which contributes huge amount for the Indian Economy will be gone if 1 Dollar is equal to 1 Rupee.