InvestorQ : What is the expected impact of the Rupee devaluation on local businesses? Do you think this will be a great opportunity for swadeshi models like Patanjali?
Tushar Jambhekar made post

What is the expected impact of the Rupee devaluation on local businesses? Do you think this will be a great opportunity for swadeshi models like Patanjali?

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Dhwani Mehta answered.
3 years ago
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Rupee devaluation is generally beneficial for local business, as imported goods become expensive which boosts demand for domestic products. However, if raw material required by the local business imports raw-material to produce its final product then, Rupee devaluation will not benefit local business.
In case of Swadeshi Model like Patanjali, that get it all supply within the country so Rupee devaluation will definitely be a great an opportunity.
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