Falling Indian Currency – Impact on Gadget Prices

In latest week, FII started taking out their investment of several Billion dollars $ from different instrumentation. The anxious investors are gambling against future CPI (Consumer Cost Index) and WPI (Wholesale Cost Index) and functions as important KPI’s to figure out Source Financial institution Interest Rate Plan. In May 2013, I expected that there would be free drop of INR and now we are suffering from the same. Even major experts were getting positive position on Native Indian Forex given Raw price and Silver price drop.

With the growing adopting of Worldwide Digital Product, Customers and Prosumer’s are going to experience price development of Electronics. The only value would be for those international device suppliers having their production hub in Native Indian with lowest or no gadgets purchase from their international places.

Laptops, Mobile Devices, Photographic camera, Laptops/Tablets, ICT gadgets may see 3 to 4 % rise in prices. In my factor of view; If customer or prosumer’s are planning to buy device then do proper access of currency activity before getting any call.

Share on Google Plus

About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.