Mainly the exporters would fall in this category. Corporates with foreign
subsidiaries would also be having forex revenues but due to cheaper
availability of funds abroad, it is unlikely that these subsidiaries would be
funded by a rupee loan. Thus the main players meeting this criterion would
be the exporters. The main players in the Indian market are Tata Exports,
Hindustan Levers Ltd., ITC Ltd., and Nestle Indian Ltd. among the others.
subsidiaries would also be having forex revenues but due to cheaper
availability of funds abroad, it is unlikely that these subsidiaries would be
funded by a rupee loan. Thus the main players meeting this criterion would
be the exporters. The main players in the Indian market are Tata Exports,
Hindustan Levers Ltd., ITC Ltd., and Nestle Indian Ltd. among the others.