India Exporters Appeal For Government Intervention In Rupee Appreciation

India

The association said: "we have booked the order some time ago, when the exchange rate was 46 rupees to one dollar.

We are taking

"Besides, there is competition.

A few months ago, exports began to recover, but the India rupee appreciated against the US dollar, making the situation worse.

If rupees continue to appreciate, some enterprises' textile exports may fall by 10%.

Supplement:

Since October last year, the Uganda quality standard bureau of East African countries has planned and step-by-step Raiders to seal up Chinese warehouses, and footwear products are the key objects to be seized.

According to the Ukrainian Chinese community, the Uganda Chinese safety committee, a large number of more than 10 Chinese businessmen were put up for storage, causing huge losses.

According to the reporter, the whole incident originated from a pair of inferior leather shoes.

According to local sources, Kahinda Otafilre, Minister of trade and industry in Uganda, bought a pair of leather shoes made in China at the time. But after a week, the shoes had many quality problems such as deformation and degumming.

He immediately summoned relevant departments to ask questions, which triggered the "quality storm" for China's footwear products.

In this incident, not only Chinese businessmen were affected, but also local retailers were raided.

With the active mediation of the Chinese Security Council, the incident gradually subsided.

After the incident, some local importers stopped importing footwear from China.

Some Chinese businessmen began to explore the way of business pformation and industrial pfer.