i wanted to buy some parts from hobbyking a few days back but the price of dollar was too high so i decided to wait for few days but its not ready to come down arrrrggghhhh 

will this rise in price affect the current price of rc products that LHS have   

The dollar price will not come down for a few months it seems....
Hope the LHS doesn't increase the price...

dollar rate not coming down till next elections. shameless leaders making this country look shameless.

Well if $ is going up then i think few of the LHS may think about increasing the price,

as product cost increases, shipping cost increases and then duty also increases.

I am thinking to increase prices of few products not all

but its very very very sad

Look at it from the other side - this will
benefit exporters who get paid in dollars eg: tea

True saikat India is the no 1 place in tea exporting.  That's a benefit for us.. still there are more than 100 products we are importing for each product we are exporting...
So hike in the dollar rate is really a big problem...


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Well even we are on of the culprits arent we? importing so much from HK we are also a part of the reason the rupee has gone down.
I think if we were a developed nation we wouldnt have to import anything everything will be manufactured here,but as pravesh said politicians just slow down the process of development and corruption just keeps on going. I think if we go below 65-70 Rupee per $ then recovering may even take above 6 - 8 months 

Second you Neil. A lot of things can be manufactured inhouse, and we have all the human, material and intellectual resources. Atleast some basic stuff can be easily manufactured in machine shops and basic electronics.

When I go through the posts in the for sale forums, I see so many things that can "professionally" produced (case in point, collets, spinners, bushings, shafts, screws, bolts, LED lights, flashers, radios, wheels, nylon mounts, clevis, control horns, motor mounts, power distribution PCBs, fuel tanks, nylon nuts, quad frames, Zip ties, Velcro bands, fuel pumps, glow boosters, LiPo chargers and so many other items...). Agreed they will be expensive for producers due to order quantities, but we will still hit the same price (or, optimistically, lesser) and avoid a lot of custom issues, provided the margins are reasonable. So its gotta start from within the community. We already have many on the forum who're into manufacturing industry, have their own manufacturing units, and some of the senior members have taken the charge of providing in house stuff already. I am just hoping the demand increases, and the community can excite more people to produce in house stuff. And MII has still higher QA standards than MIC.

PS: I'd love to start producing small stuff at home, like the Chinese, but then the wife has to be Chinese as well >.

PPS: Totally understand that much of the raw material also comes in from China, esp for electronic stuff, but yes the majority of the cost is upped due to margins and paying capacity of the first world consumers

I agree sir

But i think Petrol and Deisel prices will also goo up very soon

Girish sir that is true, whatever you are saying is being developed already like ball bearings and stuff it just isnt available easily in the local market. If you go online and want buy ball bearing from indian manufacturer you have to buy in bulk and that isnt viable. I think whoever can manufacture stuff in house and sell it would be awesome. Aluminum and CF is the main components we use in this hobby and polymer based stuff i think we dont need a lot of machines for this. But the design and testing part is the one that costs. Designing new stuff and testing it requires specialized people unless the designer and manufacturer is the same . The end product should be of good quality and cheap and to combine both of these becomes hard if a small manufacturer is in the same market. Actually many thing like base metals and electronic materials are exported a lot from India.China is one of the biggest buyers of our iron ore. Even then we are still dependent on the chinese to produce the end product . How i wish we all had 3D printers at our house .

Bad news everywhere   !!!
Hope the price hike will be not too much

over here in goa, petrol costs Rs 54.56/l

Wow really here in mumbai its 74.6, 20 rupees more, goa is a nice place man. By all means if you know what i mean
Good stuff over there all year through foreign peeps . Leaving monsoons. Fun place anyway, i think coz goa is a port you rates are less.

well price of dollar goes 63 rupees 

hope in faar future $$$ equals INR

It's 64.13 now 

Agreed with RCneil21 , we are also responsible for this upto some extent, same things are available with indian websites such as rcb, rcd, etc. but with less choice  . but still many of us prefer hobbyking.

Mumbai also have port , but still rates are not less. Its the BJP govt. who removed the taxes from the petrol. Maharashtra state is among highest tax imposing state. Like petrol, alcohol is also very costly here

You buy from local or international store the $ is anyway going to route outside india. It's just matter of choice of individual or need where they wants to buy from. 

If you think to promote the LHS, then you should buy locally and same time you should also stop buying from ebay or flipkart or any online stores, as there are hundreds of local shop in our city who have invested a lot to setup the shop. These shop not just give employment but also helps to keep the money rotation in market. You never know ebay seller is one person sitting at home or a small firm which selling the same item at little less/competitive price then physical shop. Since most of them don't have any physical shop, they don't have any such committed expenses to run the business and can offer the lower cost for the same product.

So if we want support LHS then should also think about the other suppliers too who run the shops down the street.

This is like endless topic for discussion as everyone view is different, but i think in general everyone does the maths for where to buy; which majorly depends upon time & budget.

we are fighting a defeated battle...

we have surrendered ourselves to cheap products then local products.
we have become more selfish than ever.
We have become more greedy than ever...

Here I'm speaking generally and not pointing at any one.
There are few people who are trying to bring change and its not enough. Majority of people should do that. Major revolution is needed to become more self sustainable country. Its a fight within ourselves.

1947 we were independent by british rule, but we are still following their system which they created. even worst is that china products have acquired everywhere. 

What will happen if there is no petrol ? which is a natural resource. can we think of a day without using a petrol / diesel ?
What will happen if there are no china products ?

we need all comforts (so called) but again at low possible cost. 
only solution is USE LOCAL, BUY LOCAL, MAKE LOCAL

It's seems there no stopping for the increase rate of $$$.
Am feeling sorry for what all the average person in our country be facing through the hike in all prices. More or less our hobby too has been bearing the loss of loosing more money in importing the Rc stuff.
But at least for people like me & other fellow Indians who are working in foreign lands are getting benefit of the increase in the dollar rate.
Any way we do hope to see the change in the economical status of our country by electing  a strong & good governance  in 2014 election.
(Note - comments are non political )

ek  dollar ab ek litre petrol ke as pas hai.
man this is hell for the people who ordered stuff from any foreign website

Now, 1 USD= 64.13 INR
        1 Euro= 85.8 INR
        1 AUD= 57.8 INR
        1 British Pound= 100.6 INR 

pls read http://www.allindiadaily.com/2013/08/real-story-of-american-dollar-vs-Indian-Rupee.html

An Advice to all who are worrying about fall of Indian Rupee Throughout the country please stop using cars except for emergency for only seven days (Just 7 days) Definitely Dollar rate will come down. This is true. The value to dollar is given by petrol only.This is called Derivative Trading. America has stopped valuing its Dollar with Gold 70 years ago. -
Americans understood that Petrol is equally valuable as Gold so they made Agreement with all the Middle East countries to sell petrol in Dollars only. That is why Americans print their Dollar as legal tender for debts. This mean if you don't like their American Dollar and go to their Governor and ask for repayment in form of Gold,as in India they won't give you Gold.

You observe Indian Rupee, " I promise to pay the bearer..." is clearly printed along with the signature of Reserve Bank Governor. This mean, if you don't like Indian Rupee and ask for repayment,Reserve Bank of India will pay you back an equal value of gold.(Actually there may be minor differences in the Transaction dealing rules, but for easy comprehension I am explaining this)

Let us see an example. Indian petroleum minister goes to Middle East country to purchase petrol, the Middle East petrol bunk people will say that liter petrol is one Dollar.
But Indians won't have dollars. They have Indian Rupees. So what to do now? So That Indian Minister will ask America to give Dollars. American Federal Reserve will give us dollars by taking Indian Rupees ( according to exchange rate ) , print Dollars on it and give it to the Indian Minister. Like this we get dollars , pay it to petrol bunks and buy petrol.

But there is a something wrong here. If you change your mind and want to give back the Dollars to America we can't demand them to pay Gold in return for the Dollars. They will say " Have we promised to return something back to you? Haven't you checked the Dollar ? We clearly printed on the Dollar that it is Debt"
So, Americans don't need any Gold with them to print Dollars.

But what will Americans give to the Middle East countries for selling petrol in Dollars only?

Middle East kings pay rent to America for protecting their kings and heirs. Similarly they are still paying back the Debt to America for constructing Roads and Buildings in their countries.

At present the problem of India is the result of buying those American Dollars. So if we reduce the consumption of petrol and cars, Dollar will come down

Yes we have to reduce using petrol & diesel cars. Better we make an Indian made nitro engines for cars and bikes    

I am agree to you , We can do inhouse production. basically if prices goes down then only We will have large crowd in RC hobby.
Its because of Space,time and Money people thinking twice to start in RC hobby. If we get RC planes, RC heli in less than 4-5K.

Guys on forum let join together and start design / produce .. Let HK start asking product from us. I know we have that capabilities.

I'm ready ....

think of it this way... if anyone has their income in dollars, they are hitting a jackpot cause now they get more. also, prices locally haven't started to change as yet so your actually getting more!... eg if they earned fixed 1000 USD, earlier they were earning around 50,000 INR, but now they're getting 65,000 INR.

Sent from a potato using a lamp

true!! its a good time to bring $ investments back to india. perhaps, it could go up to 70 rs!!
most of the things are imported to india thats a big reason for $ getting high. 3000 crore import only for FANS!! almost 70% home appliances we use are chinese/taiwan/korean.

dollar now is 65.30 bap re bap

The heli which i bought in 2012 for 7500rs is now sold for 12700(approx). Same $ (no price increased on website!!).

which website

banggood.com...  hobbyking.com and banggood.com are the only two websites (of china) from which i buy rc.

oh god why 

dollar reached 65.71 shit

i didn't get it what is the hawala logic

Please read through the complete article where it is questioned is this phenomenon of dip in Rs versus $$ prior to every general elections is due to the Hawala money being syphoned back to fund the election campaign to buy votes of general illiterate masses of India. 

  Many forex traders and news channels are saying that it would reach up to 70! And then, really deep pockets are required to buy stuff from foreign! Can't figure out why it has hiked up to 10% in a month.

Hawalas are org which brings money/send from foreign (i'm not clear abt it) illegally. That is also a reason for $ hike as given in above link. I agree

$ 67 right now!

all those who are earning in dollars, now is the time to withdraw!

Sent from a potato using a lamp

you never know. It may cross 70! >

Well today is the day. RIP  .
When a@#holes running countries more things to go up and down

67.28 shit ****

Please read!
In 1970 1$ = Rs. 4
Today 1$ = Rs. 63.50
Estimated 1$ by end of the year = Rs. 70
Dollar is not getting stronger but rupee is getting weaker & nobody else is responsible except us! ...

How can we change it?

1. A Cold Drink produced for 2.20-2.80 rupee sold at Rs. 9-10!
Stop drinking them, go to soda shops & drink lemon juice, lassi or fresh coconut water etc. instead of coke, pepsi, limca

2. Soaps
Use Soaps of cinthol,santoor,medimix, neem instead of lux,lifebuoy,rexona,liril,dove,pears,hamam,lesancy,camay,palmolive!

3. Toothpaste-
Use Neem, babool, vicco, dabur, promise instead of colgate,close up,pepsodent,cibaca

4. Toothbrush
Use prudent,ajanta,promise instead of colgate, close up, oral-b,pepsodent,forhans

5. Shaving cream-
Use godrej ,emami, vjohn
Instead of palmolive,old spice,gillete.

6. Blade-
Use supermax,topaz,laser,ashoka
Instead of seven-o-clock,365,gillete

7. Talcum powder-
Use santoor,gokul,cinthol,boroplus Instead of ponds,old spice,johnson,shower
to shower.

8. Milk powder
Use indiana,amul,amulya' verka
Instead of anikspray,milkana, everyday milk, milkmaid

9. Shampoo-
Use Nirma, Velvette, catch. Instead of halo, all clear,nyle sunsilk,head and shoulders, pantene

10. Mobile connections-
Use bsnl,airtel,reliance
Insteaf of vodafone, docomo

11. Food-
Eat at local restaurants
Instead of macdonld, subway, pizza hut, kfc

12. Mobile
Use micromax, karbonn,virgin
Instead of samsung,apple, htc, sony, nokia

13. Bikes-
Use hero, royal enfield
Instead of honda, yamaha

14. Footwear-
Use local brands like peragone Instead of nike, reebok,adidas,converse

15. Jeans and shirts
Use spykar, k-lounge
Instead of lee,levi's,U.s. Polo, pepe, benetton

16. Watch
Use titan, sonata ,fasttrack
Instead of citizen, rado, cartier etc...

Now go and check the things you use and ask yourself how much do you contribute to the decreased value of RUPEE

None of the indian products are subordinate in quality, they might look a bit less fancy!!

Why is china so ahead, because the whole world uses made in china items.

We indians could atleast use made in india items!

Change comes from within! spread the change by broadcasting this msg to everyone on your contact list!

I did my part,
You do yours and let's see
by the end of this year
Does 1$ become Rs. 70 
or it becomes Rs. 50.     
.
Plz yaro itna forword karo ki pura india padhe.

rupee closed at 66.30 yesterday, this is going to ruin this hobby

$ was near 68 today morning.

thank god i ordered parts when dollar was 63.50 
i was thinking to wait for few days (glad i didn't wait)
i am sure LHS will increase price now 

It's 68.75 now  > > >

cool the dollar is becoming cheap

 

I think manmohan singh is like a gun without bullets ie. he has knowledge but is not allowed to use it !!!

It will cross 70 by a day or two I guess. No signs of $ decline.

In other words "A cannon without Balls" 

So now dollar is decreasing i think because of the advise given by different people its [bold]65.7[/bold] now

Guys how would be our life when 1USD equal to 1INR......,

i would have solely cleared the stock of many websites!!

highest the dollar went was 69.05 INR. at 29th aug, 1215 UTC...so close to 70! now it seems to have stabilized at 65.70

Loot lo... Pyaaz (Onion) 1 pe 1 kg... (1 $ pe 1 kg...) (*_*)

^ +1

dollar is exactly 66

Well according to many stock experts if dollar comes down below 65 then short covering will start in market
I also read that 2/3rd of our dollar is used to meet oil needs of our country
Guess we need to solve the oil crysis in our country

USA values their dollar to petrol... we should value ours to onion...

Sent from a potato using a lamp

hahhaa, Kalyan da, we're still cheaper than what red onion sells for in the US....we should start pay them in onions for RC parts

^ and Girish we should change our official currency to onions

Dollar is around 66.05 I think dollar is getting stable day by day I don't want it to be stable but want it to decrease

rupee will only stop falling if we stop puchasing stuff from other countries, for 6months india should not import anything and keep on exporting. Or if the tax money in swiss banks is released and the gold and wealth of india is not in swiss banks and other places but back in our banks.

Even dollar rate is 66 around but Paypal charges 68/-

they do charge more than 68 but there a simple way to pay them only for 66/65 rs. whenever you proceed to pay through paypal. select the option '' money converted by bank'(i dont remember exact words) but this option allows your bank decide the amount i.e convert the amount that is surely the current rate (65/66 rs)   

oh I didn't knew that . I'll try to change it . Thanks

But I think paypal will be taking their share for sure..
Never tried it..Anyone else tried this?

Yup this is very common, paypal will charge a little higher than the current rate. And when you receive money their exchange rate is lower than the actuall exchange rate.

For ex: if Re to USD is 65

Then if you have to pay 1 usd paypal will charged you 68-69

If you receive 1 USD then paypal will give you 63-64

Approx

Not only PayPal most of the banks charges for international transaction i have tried with 2 credit cards and 1 debit cards.
ICICI Credit card charges  3%
City bank Credit card  2.5%
Canara bank Debit card 2%

paypal doesnt charge for money sent/recieved below 7k due to new RBI ruling

paypal takes their share but from the person who receives money. its around 2% +0.30 $.

64.33 ohh coming down uhh

i remember those days when $ was 38

yeah,those days when petrol was 35-36! the $ remained 40-42 for a long time....but within this 5 yrs it hiked up!!

ooh! I just ordered from hk at 68! 

Sent from a potato using a lamp

Yes it 67.97/$


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Guys common get up just don't dream it, if India manufacture world class RC products not necessary airplane but eclectic, Rx tx motors and export ,u as a mafg. Will earn $$$ @68!!! But we import and it gives shivers to our Fin min. & RBI gov.)

This is a good time to pick up items from the stock of the LHS. Their next imports will be at a higher rate and therefore more expensive.

Consider an import made at Rs. 57/$. Today if you buy from, say HK, it will work out the same or more

63.37!

its not about the $ rate getting low anymore ....the more interesting thing to c is at wat rate does it stabilize

Better if it stabilize atleast at 42-45

hahahaha it will when we have jobs n become too busy for this hobby by tht time

Lets make this hobby as our job 

dollar is staying at 62 to 63

We cant do anything 5 days before it was 61.50 $ per rupee but know it went to 62.63 Todays price . it is good to me to buy from LHS . So dont wait to buy that dollar will go down and we will buy from international websites . it will be held between 59 to 64 only this year i suppose