MUMBAI: India's IT entrepreneurs are looking at various options to minimize the impact on their bottomlines of the strengthening of the rupee against the US dollar.

While these entrepreneurs have started quoting in dollars to their clients abroad, they are also parking part of their earnings from foreign clients at their offshore offices.

"We keep certain part of our funds offshore too like U.S. subsidiary account," Globussoft CEO Sumit Ghosh said.

It has helped us a lot in "tackling the Indian rupee against USD", he said. The digital media software firm Globussoft claims to have 4,500 customers in more than 50 countries.

"While we were able to gain due to rupee depreciation during past few months, the sudden appreciation of the Indian currency has prompted to hedge our risks so as to avoid the hit," said Ghosh.

Nearly 15-20 percent income of Array Networks, which is into application delivery networking, comes from its clients abroad. Hence, the company has started quoting in USD from its clients abroad.

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