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NEW DELHI, June 8 Asia Pulse - India's gems and jewellery sector, hit hard by the global financial meltdown, has begun showing signs of improvement with employment reporting a 3.8 per cent increase during January-March 2009.
Having reported a massive 10.28 per cent dip in employment during October-December 2008, the sector increased its workforce during the last quarter of the previous fiscal, according to a survey commissioned by the Labour and Employment Ministry.
The sector, which primarily draws its income through exports to the US and European markets, suffered a major set back due the global financial meltdown triggered by collapse of America's iconic investment banker Lehman Brothers in September 2008.
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