Skipper India Expansion and Performance slide image

Skipper India Expansion and Performance

SKIPPER GROWING GLOBAL COMPETITIVENESS Limited SKIPPER S CHINESE MANUFACTURERS WHAT MAKES US MORE COMPETITIVE Currency Factor: The current rupee depreciation has made us more competitive in the export markets and is now bringing more opportunities on our way. Indian currency over last 2 years has depreciated about 10-11% whereas Chinese currency has remained flat in this period Higher Price Chinese manufacturers are almost 10-15% higher priced than Indian manufacturers, owing to un favorable currency and much higher labor costs. Limited Capacities to offer: Chinese manufacturers have cut capacities owing to pollution issues and the remaining capacity is tied up in their Belt - Road project so are quoting very long lead times. Reliability: More and more global utilities are interested to source from Indian manufacturers compared to Chinese due to regular quality issues over the years. 30
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