--- title: Depreciating Rupee - Curse or blessing for Indian companies? description: Depreciating Rupee - Curse or blessing for Indian companies? image: https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_rupee-2931876_960_720_5cf520b738.jpg --- [![Consultinghouse-Logo](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Images/Consultinghouse-Logo.svg)](http://www.consultinghouse.eu) "SINCE 1983, WE HAVE BEEN MAKING YOU FEEL AT HOME WHEN GROWING BUSINESS IN GERMANY." - [Home](http://www.consultinghouse.eu) - Solutions Back ## Solutions - [![Home](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Icons/solution.png?width=512&height=512&name=solution.png) Explore our Solutions](http://www.consultinghouse.eu/solutions/) - [![strategy](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/strategy.png?width=32&height=32&name=strategy.png) Strategy](http://www.consultinghouse.eu/solutions/strategy/) Back Strategy We provide strategies to land and expand your company in Germany. [Explore Strategy](http://www.consultinghouse.eu/solutions/strategy/) - [Strategy](http://www.consultinghouse.eu/solutions/strategy/) - [Market entry strategy](http://www.consultinghouse.eu/solutions/strategy/market-entry-strategy/) - [Corporate strategy](http://www.consultinghouse.eu/solutions/strategy/corporate-strategy/) - [Growth strategy](http://www.consultinghouse.eu/solutions/growth/) - [Sales performance](http://www.consultinghouse.eu/solutions/strategy/sales-performance/) - [Brand management](http://www.consultinghouse.eu/solutions/strategy/brand-management/) - [Intellectual property](http://www.consultinghouse.eu/solutions/strategy/intellectual-property/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) - [![Explore Ecommerce](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/ecommerce.png?width=32&height=32&name=ecommerce.png) E-commerce](http://www.consultinghouse.eu/solutions/e-commerce/) Back E-commerce From sales transactions to booking entry. We support e-commerce professionals to better sell within and across the European markets. 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[Explore Management](http://www.consultinghouse.eu/solutions/management/) - [Accounting\*](http://www.consultinghouse.eu/solutions/management/accounting/) - [Intercompany reporting](http://www.consultinghouse.eu/solutions/management/intercompany-reporting/) - [Working capital management](http://www.consultinghouse.eu/solutions/management/working-capital-management/) - [Finance & controlling](http://www.consultinghouse.eu/solutions/management/finance-controlling/) - [Risk & compliance](http://www.consultinghouse.eu/solutions/management/risk-compliance/) - [Interim management](http://www.consultinghouse.eu/solutions/management/interim-management/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) - [![Growth](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/growth.png?width=512&height=512&name=growth.png) Growth](http://www.consultinghouse.eu/solutions/growth/) Back Growth Experience exponential business growth through our transformative services. [Explore Growth](http://www.consultinghouse.eu/solutions/growth/) - [M&A strategy](http://www.consultinghouse.eu/solutions/growth/ma-strategy/) - [Investment Guidance](http://www.consultinghouse.eu/solutions/growth/investment-guidance/) - [Due diligence](http://www.consultinghouse.eu/solutions/growth/due-diligence/) - [Structuring & financing](http://www.consultinghouse.eu/solutions/growth/structuring-financing/) - [Monitoring transactions](http://www.consultinghouse.eu/solutions/growth/monitoring-transactions/) - [Accounting\*](http://www.consultinghouse.eu/solutions/management/accounting/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) - [![Turnaround](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/u-turn.png?width=512&height=512&name=u-turn.png) Turnaround](http://www.consultinghouse.eu/solutions/turnaround/) Back Turnaround Consultinghouse has extensive experience ensuring a successful business turnaround. [Explore Turnaround](http://www.consultinghouse.eu/solutions/turnaround/) - [Market exit strategy](http://www.consultinghouse.eu/solutions/turnaround/market-exit-strategy/) - [Interim management](http://www.consultinghouse.eu/solutions/management/interim-management/) - [Business relocation](http://www.consultinghouse.eu/solutions/turnaround/business-relocation/) - [Business liquidation](http://www.consultinghouse.eu/solutions/turnaround/business-liquidation/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) ![top-image-menu](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/top-image-menu.png?width=420&height=230&name=top-image-menu.png) Explore Solution We provide solutions to better start and grow your business in Germany. [See all Solutions](http://www.consultinghouse.eu/solutions/) ![Level-1-menu-bottom-image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-1-menu-bottom-image.png?width=1750&height=1236&name=Level-1-menu-bottom-image.png) - Services Back ## Services - [![Home](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/customer-support.png?width=64&height=64&name=customer-support.png) Explore our Services](http://www.consultinghouse.eu/services) - [![E-commerce](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/ecommerce.png?width=32&height=32&name=ecommerce.png) E-commerce](http://www.consultinghouse.eu/services/e-commerce/) Back E-commerce [Explore E-commerce](http://www.consultinghouse.eu/services/e-commerce/) - [German VAT number registration\*](http://www.consultinghouse.eu/services/market-expansion-services/german-vat-number/) - [German One-stop-shop (OSS) registration\*](http://www.consultinghouse.eu/services/e-commerce/german-one-stop-shop-oss-registration/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) - 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[Executive search](https://www.hero.consulting/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) - [![Tax & Legal services*](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/tax.png?width=64&height=64&name=tax.png) Tax & Legal services\*](https://www.counselhouse.eu/) Back Tax & Legal services\* [Explore Tax & Legal services\*](https://www.counselhouse.eu/) - [GDPR compliance\*](https://www.counselhouse.eu/) - [Year-end reporting\*](https://www.counselhouse.eu/services/tax-service/year-end-services/) ![Level-2-Bottom-Image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-2-Bottom-Image.png?width=799&height=523&name=Level-2-Bottom-Image.png) ![top-image-menu](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/top-image-menu.png?width=420&height=230&name=top-image-menu.png) Explore Services [See all Services](http://www.consultinghouse.eu/services) ![Level-1-menu-bottom-image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-1-menu-bottom-image.png?width=1750&height=1236&name=Level-1-menu-bottom-image.png) - Platform Back ## Platform - [![Home](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/platform.png?width=512&height=512&name=platform.png) Explore our Platform](http://www.consultinghouse.eu/platform) - [![Online incorporation services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/union%20(4).png?width=512&height=512&name=union%20(4).png) Online incorporation services](http://www.consultinghouse.eu/platform/online-incorporation-services/) - [![Online subsidiary services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/franchise.png?width=512&height=512&name=franchise.png) Online subsidiary services](http://www.consultinghouse.eu/platform/online-subsidiary-services/) - [![Online virtual office services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Icons/solution.png?width=512&height=512&name=solution.png) Online virtual office services](http://www.consultinghouse.eu/en-us/platform/online-virtual-office-services) - [![Online recruiting services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/online-recruitment.png?width=512&height=512&name=online-recruitment.png) Online recruiting services](http://www.consultinghouse.eu/platform/online-recruiting-services/) - [![Online payroll services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/budget.png?width=512&height=512&name=budget.png) Online payroll services](http://www.consultinghouse.eu/platform/online-payroll-services/) - [![Online accounting* services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/account.png?width=512&height=512&name=account.png) Online accounting\* services](http://www.consultinghouse.eu/platform/online-accounting-services/) - [![Online e-commerce (OSS) services](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/ecommerce-1.png?width=512&height=512&name=ecommerce-1.png) Online e-commerce (OSS) services](http://www.consultinghouse.eu/platform/online-e-commerce-oss-services/) - [![Marketplace](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/data-exchange.png?width=512&height=512&name=data-exchange.png) Marketplace](http://www.consultinghouse.eu/platform/marketplace/) ![top-image-menu](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/top-image-menu.png?width=420&height=230&name=top-image-menu.png) Explore our Platform [See all Platform](http://www.consultinghouse.eu/platform) ![Level-1-menu-bottom-image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-1-menu-bottom-image.png?width=1750&height=1236&name=Level-1-menu-bottom-image.png) - Customer Success Back ## Customer Success - [![Home](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/expansion.png?width=512&height=512&name=expansion.png) Explore our Success Stories](http://www.consultinghouse.eu/customer-success/) - [![Success Stories](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/success.png?width=512&height=512&name=success.png) Success Stories](http://www.consultinghouse.eu/customer-success/) - [![Collaboration](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/collaboration.png?width=512&height=512&name=collaboration.png) Collaboration](http://www.consultinghouse.eu/customer-success/collaboration/) ![top-image-menu](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/top-image-menu.png?width=420&height=230&name=top-image-menu.png) Explore Success Stories [See all Success Stories](http://www.consultinghouse.eu/customer-success/) ![Level-1-menu-bottom-image](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/Level-1-menu-bottom-image.png?width=1750&height=1236&name=Level-1-menu-bottom-image.png) - About Us Back ## About Us - [![Home](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/account.png?width=512&height=512&name=account.png) Explore About Us](http://www.consultinghouse.eu/about-us/) - [![What we do](https://blog.consultinghouse.eu/hs-fs/hubfs/Consultinghouse_23/Images/Menu%20Images/coding.png?width=512&height=512&name=coding.png) What We Do](http://www.consultinghouse.eu/about-us/what-we-do/) - 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Towards the end of 2013, the Indian rupee touched a lifetime low of 68.85 against the US dollar on. The rupee plunged by 3.7 percent on the day in its biggest single-day percentage fall in more than two decades. There is no denying that India is not the only emerging market experiencing a rapid decline in its currency's value. Several emerging market currencies are also experiencing sharp depreciation over the prospect of imminent tapering of the US Federal Reserve?s policy of quantitative easing (QE) program. For the past 3 months we have recognized a strong increase in foreign direct investment to Germany and other European markets coming from Emerging Markets like India, despite the fact that the local currency has depreciated. Expanding companies from Emerging Markets quickly have learned how to adjust their business models to capitalize on a weak home currency: Being able to pass currency advantages to the end consumers in Europe, exporting companies from emerging markets are able stay competitive in selling their products or services to the European markets. Companies from Emerging markets have understood how to drive sales growth abroad that would have a positive impact on their overall profit margin on the income statement in their home countries. Does the depreciating Rupee represent an opportunity also for you to drive your business abroad? Talk to us in order to learn more about Consultinghouse and how we are supporting companies coming from the Emerging Markets to drive their business operations within and across the European markets. ### OUR NEWS AT A GLANCE ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_sharon-mccutcheon-rItGZ4vquWk-unsplash_494c81b366.jpg) The new minimum wage in Germany [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/the-new-minimum-wage-in-germany/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Fotolia_70850485_S_6abf6ae637.jpg) German Economy Outlook 2017 [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/german-economy-outlook-2017/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_business-3152586_1920_a0a024b43a.jpg) The GmbH Incorporation process [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/the-gmbh-incorporation-process/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_brexit-4011711_1920_18f59a92ea.jpg) Brexit [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/brexit/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_laptop-2838918_1920_532b3a15c3.jpg) Legal requirements for running a website in Germany [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/legal-requirements-for-running-a-website-in-germany/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_rupee-2931876_960_720_5cf520b738.jpg) Depreciating Rupee - Curse or blessing for Indian companies? [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/depreciating-rupee-curse-or-blessing-for-indian-companies/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Fotolia_87199354_S_93de393672.jpg) German Economy Outlook 2015 [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/german-economy-outlook-2015/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Fotolia_76956119_S_2f704f2c37.jpg) General Terms and Conditions in Germany [Read More](https://blog.consultinghouse.eu/about-us/news/newsletter/general-terms-and-conditions-in-germany/) ### All press releases ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_fireworks-846063_1920_cc9ddf530c.jpg) 31.05.2016 - Consultinghouse's 30th Anniversary [Read More](https://blog.consultinghouse.eu/about-us/news/press/31052016-consultinghouses-30th-anniversary/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Fotolia_82554207_S_de4440e316.jpg) 02.05.2017 - Martin Wilke's recognition by the BVBC [Read More](https://blog.consultinghouse.eu/about-us/news/press/02052017-managing-director-martin-wilkes-recognition-by-the-bvbc/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_MyDashboard_Logo_40e8abe1b0.jpg) 04.06.2017 - MyDashboard Announcement [Read More](https://blog.consultinghouse.eu/about-us/news/press/04062017-mydashboard-announcement/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Fotolia-168291959-S_9a00087327.jpg) 06.06.2017 - Digitalizing Accounting and Payroll Services [Read More](https://blog.consultinghouse.eu/about-us/news/press/06062017-digitalizing-accounting-and-payroll-services/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Fotolia-180103616-S_5176f155c3.jpg) 27.06.2017 - Consultinghouse to host German Market Entry and Expansion Summit 2017 in Bangalore & Chennai, India [Read More](https://blog.consultinghouse.eu/about-us/news/press/27062017-consultinghouse-to-host-german-market-entry-and-expansion-summit-2017-in-bangalore-chennai-india/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_csm_202828P_df12806556_e755b46b6b.jpg) 21.05.2019 - Hanau's Mayor Claus Kaminsky visites Consultinghouse [Read More](https://blog.consultinghouse.eu/about-us/news/press/21052019-hanaus-mayor-claus-kaminsky-visites-consultinghouse/) ![](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Blog%20Images/csm_Consultinghouse-IncorporateForTrees_60d21626ae.png) 02.10.2019 - CONSULTINGHOUSE PLANTS 150 TREES FOR EVERY INCORPORATIONRead More [Read More](https://blog.consultinghouse.eu/about-us/news/press/02102019-consultinghouse-plants-150-trees-for-every-incorporation/) ### LET US BE A PART OF YOUR SUCCESS STORY ![csm_Consultinghouse-Andreas-Wilke-Portrait_51f2f88641](https://blog.consultinghouse.eu/hubfs/Consultinghouse_23/Images/csm_Consultinghouse-Andreas-Wilke-Portrait_51f2f88641.png) ANDREAS WILKE Owner +49 6181 250 330 [Email Me](http://www.consultinghouse.eu/contact) [Book a meeting](https://service.consultinghouse.eu/meetings/swilke/lets-have-a-chat) ### WHY US? - Strong experience in supporting foreign companies to develop their business in Germany - Our clients success is our success. 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