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India’s largest biscuit maker Parle could fire 10,000 as demand drops

Parle Products Pvt Ltd, a leading biscuit maker, might lay off up to 10,000 workers as slowing economic growth and falling demand in the rural heartland could cause production cuts, a company executive said on Wednesday. A downturn in Asia’s third-largest economy is denting sales of everything from cars to clothing, forcing companies to curtail […]