The Economic Times

Input costs may deny exporters edge gained from rupee at record low. Textiles, leather, agro products, carpets may benefit

The Indian rupee has reached an unprecedented low against the US dollar. While this opens up favorable avenues for exporters, the simultaneous rise in raw material and energy costs is likely to negate these gains. Industries such as textiles and leather might experience slight improvements, yet others will grapple with inflated import bills.