Despite challenging conditions in job market globally, India has emerged as a bright spot for the Manpower group, says ManpowerGlobal.

Employers have been scaling their hiring plans downwards in the past few quarters.

The seasonally adjusted net employment outlook (NEO) of 27% indicates Indian employers are downshifting from the vigorous hiring pace.

CEOs from General Motors (GM) to Hewlett-Packard (HP) to Manpower say they are concerned about the health of the US economy.

India is becoming a key driver for global companies, with its growing domestic market, steady growth rate and burgeoning middle class.

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