India's exports in May - figures for which are set to be released later today - are expected to show growth based on global factors but may not be able to bring out labour-intensive sectors out of their current contraction.
Spurred by double-digit growth in shipment of engineering goods and pharma products, exports rose by 5.71 per cent at $25.91 billion in April. This was a recovery since exports had dipped 0.66 per cent in March.
However, major labour-intensive sectors - gems and jewellery, leather and ready-made garments may continue to see decline which may affect the job scenario. "These
