Slowdown hits 10L jobs in auto parts companies ...Middle East

The Times of India - News
Slowdown hits 10L jobs in auto parts companies
source : The Times of India ( Middle East ) () 48
Auto component players, backbone of the domestic automobile industry, are facing a prolonged and painful slowdown in demand for cars, commercial vehicles and two-wheelers. A drastically affected component industry has witnessed nearly 10 lakh jobs being shaved off. Majority of the job losses are contractual staff hired for regular production work by companies.

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