Indian exporters cut 1 million jobs

January 29 2009 17:58:32

Indian exporters cut 1 million jobs

Bloomberg

"The job losses are... likely to be of the order of 700,000 to 1 million, including temporary staff," Commerce Secretary G.K. Pillai told Bloomberg in New Delhi Wednesday. Exports fell 1 percent in December and any recovery "is likely only by June," he said.

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