Re read my post.
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.
If you look at the linked article, it clearly means that the British companies have been cutting back,while Tata is the only company to expand hiring. My only "fault" seems to be conflating two sentences into one (in the 3rd sentence). But anyone who looked at the link would not have been confused.
anyways...how does this invalidate the point I was making in the first place? Indian companies form one of the biggest investment sources/industrial bases of Britain...the 200 mil per year the Brits give are "peanuts" as the finance minister correctly put. On the other hand it speaks volumes about the "generosity" of the British MP's by calling into question the rationale behind their aid program. Aid is not supposed to be a backdoor bribe...as the British MP's seem to imply.
Apart from TATA
Indian investment in London jumps
Foreign direct investment in London has jumped to £52bn from £38bn two years ago, with India now the second biggest source, a survey has said.
India accounted for 16% of all new foreign investment into the capital between 2003 and 2007, according to direct investment agency, Think London.
The US remained top, with 31% of new overseas investment in the capital.
http://news.bbc.co.uk/2/hi/business/6599693.stm
India invests 16% of 52Billion£ (68Billion $) in Britain(in 2007..now its probably even higher) and Brtish MP rants about 200 million in Aid. Fantastic
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