Britain pressed to rethink aid after India snubs

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8. Ironic, given that Indian Companies are the largest industrial employers in Britain.

Indian Company Tata is the largest Industrial Employer in England, employing 45000 people. They also own jaguar, Land RoverTetley and Corus. Furthermore they were the only major Company to expand and hire more people while other British Companies were shrinking their workforce in the past decade.The fact that they continually get ranked annually as one of the top 5 companies to work in England does not hurt either.

There is no doubt that the UK is going through trying times. Reports the Guardian: “In the UK, the OECD expects growth of 1.4 percent this year.” Alan Clarke, UK economist at Scotia Capital, described the projection as “grim”, pointing out that it amounts to GDP growth of zero to 0.1 percent during the second half of 2011.

That’s a lot of gloom – and, an unlikely hero can be found in an Indian brand name – Tata.

Tata, which has spent $15 billion buying Tetley, Corus and Jaguar Land Rover, has not only bucked the trend, but contrary to fears in the UK, has stayed focused in the UK and retained the original names and brands – and has grown and added numbers to the workforce it inherited through these acquisitions...Hell the Indian food-industry in Britain itself has more revenue than all of British Steel companies combined.

“Tata UK is now the country’s biggest manufacturer, with almost 40,000 workers — just ahead of British Aerospace. Bring in Tata’s service industries, such as consultancy, and the payroll tops 45,000. Its presence in Britain is part of a growing trend. Britain is second only to America as a destination for investment by emerging-market firms, many of them from India,” says The Economist.

http://www.firstpost.com/business/thank-tata-brand-india-takes-on-more-shine-in-uk-84141.html


The British MP's who complained show their ugly colonial face. India "Should" buy the Eurofighter cos they paid what? a measly 200ish million per year as aid?(around 2 bil over ten years) seriously?? This is a joke. India has paid nearly 3 Billion in Aid in the past decade to Afghanistan alone!.

In 2011 India wanted Britain to stop its aid, and apparently the British leaders asked them to keep on receiving aid because stopping it would entail "loss of face" after selling "foreign aid" to their public. Maybe the British MP's should also be informed that it was the British who robbed India blind during their centuries of colonial rule...reducing a country that had about 25% of the world's GDP before they arrived, to a measly 2% by the time they left.

notice how the Indian GDP share takes a nosedive coinciding with the formation of the British Colonial rule.

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Time for the old MP's to wake up and smell the Chai, and remember that this is not the British Raj anymore.