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June 25, 2004

India stays strong at UNCTAD

Express India reports:

"Terming apprehensions on Business Process Outsourcing (BPO) as 'unfounded', India on Friday said that it contributed significantly to global growth and welfare and was a 'win-win situation' for all.

"'When developing countries like India register even a small and miniscule presence in BPO, there is a hue and cry. Such reactions and moves are founded on grossly exaggerated estimates of the employment impact in developed countries', India's permanent representative to the UN in Geneva, Hardeep Puri said in Sao Paulo. "

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