September 14, 2010 4:32 PM

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US actions on offshore outsourcing not at all welcome: Anand

India says, several actions taken by the US with regard to offshore outsourcing and other trade issues are not welcome at all. Talking to reporters in New Delhi today, Commerce and Industry Minister Anand Sharma said, Indian IT industry has made a notable contribution which is acknowledged globally, even in the US. It is Indian entities which are responsible for creating jobs, even now when there are big job losses. He said, the protectionist measures being resorted to by several developed countries after the 2008 economic meltdown would be counterproductive.

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