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Rupee depreciation stops cheaper imports: Arvind Ltd

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  • Published On: December 15, 2011
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Punit Lalbhai, Executive Director - New Initiatives, Arvind Ltd told NDTV Profit that its core business is in good shape with the depreciation in rupee good for exports. He said that the depreciation stops cheaper imports from attacking the domestic market. On the real estate front, he added that the company is sticking to its plans to monetize Rs 1000 crore from real estate business in next 4 years.
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