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Far-Reaching Effect |
Although 360,000 people represents only a tiny percentage of India's population of 1 billion, outsourcing impacts far more people than those hired by foreign companies, according to Aggarwal. "For every job created in India, three more jobs are created ... as a side effect," he said. For example, companies hire cleaning staff, cafeteria and transportation employees, he explained. In addition, businesses buy or rent properties, hire or buy limousines or shuttles, and spend on entertainment, travel and training. |
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