Indian Big Business to Invest in Scotland

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from an economics correspondent A striking confirmation of the thesis that the capitalist of under-developed countries are quite unable to solve the economic problems of their nations owing to their very nature has come in a rather wnusual news item, The huge Indian monopoly Birla Brothers is to build an asbestos plant in Scotland, This, the firm's first investment in Great Britain, will go under th@ name of Glen Asbestos, and will make asbestos cement sheets for roofing and lining, The plant, which will be based in an industrial estate near Edinburgh, will also produce asbestos cement soil pipes and similiar products, The plant and machinery, costing at least £300,000, is being shipped from India, About 60 people will work at the plant initially; they will all be locally recruitec, Recently, Birla Brothers have announced that they are going into business with various American and German monopolies to build chemical and fibre factortres in India, The extremely interesting aspect of this report is that Birla Brothers put the crying needs of the Indian people aside for higher profits. In India there are tens of millions unemployed and partially unemployed, The country desperately needs its industrial base building up, Yet Birla Brothers invest in Scotland because they will make more profit that way.