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The Hindu
The Hindu
National
Mini Tejaswi

MSME imports hit after rupee’s free fall against greenback

MSMEs Karnataka KASSIA

The Indian rupee hit a fresh record low against the dollar on Wednesday closing at 81.94, further impacting the import activities of the MSME community in Karnataka adversely.

The raw material import bills of micro, small and medium enterprises in Karnataka have gone up at least 20% to 25% in the last six months as the rupee continued to slide, as per trade body data.

What they import

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