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Jobs at S Kumars Nationwide Ltd
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Industry : Garment Textiles Accessories
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Rising Re Ties Textile Cos in Knots
THREE weeks ago, in a New York office, S Kumars' international business president Vijay Bakshi was trying hard to convince his South American customer to place orders with him. The order was for 3 lakh metres of cloth worth Rs 9 crore—a sizeable catch for a company that sells 20 lakh metres annually. The deal, however, came undone overprice.
The customer offered an upward price revision of 1 -1.5 %, too little for the Indian exporter whose currency— the Indian rupee—has appreciated over6% in the past two months. "We lost him. He told me he
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