D’Decor India Expects Continued Double Digit Growth Despite Strong Rupee

MUMBAI, INDIA — The Chinese mills, the closest competitors to Indian suppliers, are gaining a currency driven price advantage over Indian mills which D’Decor is not taking lightly, says Ajay Arora, Managing Director._x005F_x000D_ _x005F_x000D_ The Indian Rupee has seen over a four percent appreciation in recent months against the US dollar which affects the profitability of Indian furnishing fabrics exports,...