Jinkushal Industries Welcomes RBI’s Growth-Focused Policy; Sees Competitive Rupee as a Strong Tailwind for Export-Led Expansion

Jinkushal Industries Limited, India’s largest non-OEM exporter of used construction and mining equipment, welcomed the Reserve Bank of India’s latest monetary policy decision and the prevailing exchange-rate environment. The Monetary Policy Committee reduced the policy repo rate by 25 basis points to 5.25%, while maintaining a neutral stance. The Indian rupee has moved from approximately 83 per US dollar in December 2024 to around 90 per US dollar in December 2025, significantly improving export competitiveness and enhancing realisable forex income for Indian exporters. This move creates a significant tailwind for a net forex-earning business like JKIPL, as every dollar of revenue now translates into higher rupee realizations, directly strengthening their margins and enabling greater reinvestment in technology, refurbishment quality, and expanding their global reach.