hi Flood,
I do agree with you regarding strategies followed by some western business houses and how they have failed. I too dont expect the price of Gibsons to fall substantialy but it they can price them at par with EU price they may find enough buyers to keep the shop open. A US$3000 guitar may find a buyer for Rs1.5 lakhs plus or minus 10%. The present scene is that one has to shell out Rs. 1 lakh for a US$1200 guitar !!