- Expensive
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- Nov 07, 2020
Top 10 Baba Kalyani Quotes
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- Last Updated on May 30, 2021
- Day
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- Nov 07, 2020
We book our exports forward for more than a year, and so we have a fixed rate. We do not get the spot rate that we see in the market every day.
- Factors
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- Nov 07, 2020
We have done a lot of work on cost reduction, getting ourselves lean, reducing our breakeven, reducing our fixed cost and increasing exports. All of these factors help because our export basket is not just automotive but also includes industrial products, railways and others.
- Depend
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- Nov 07, 2020
Our strategy should be based on indigenisation and import substitution. The government must provide opportunities for domestic companies to participate in sectors in which the country continues to depend on imports.
- Establishing
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- Nov 07, 2020
The emphasis on innovation and technology in our companies has resulted in a few of them establishing global benchmarks in product design and development, manufacturing practices and human resource capabilities. However, there is no room for complacency.
- Challenge
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- Nov 07, 2020
From an operational perspective, exports challenge companies to design, develop, manufacture and supply products to discerning customers in global markets. This, in turn, motivates companies to scale up the value chain, which results in higher realisations.
- India
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- Nov 07, 2020
India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.
- My Own
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- Nov 07, 2020