Word: birla
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Dates: during 1960-1969
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...Armour & Co. has signed a preliminary agreement with the Birla Gwalior industrial group to build a $50 million, 220,000-ton fertilizer firm...
Least Typical. The most successful of the Marwaris is in many ways the least typical. G. D. (for Ghanshyam Das) Birla not only controls an empire of 350 concerns (textiles, automaking, chemicals, banking), but is one of Prime Minister Nehru's closest confidants and a member of and heavy contributor to Nehru's Congress Party. A tall and ascetic man, Birla financed Gandhi, gives enormous amounts to charity, and has opened many schools and hospitals. Many Marwaris, respected only for their business shrewdness, now long for the social standing that Birla has earned for himself, are sending their...
...Americans were all over the place. After getting over their first horror at poverty and squalor, many enthused over the opportunities, and over a spirit of cooperation in the government that they had not anticipated. In Uttar Pradesh, Kaiser Aluminum and India's Tycoon G. D. Birla were about to break ground for a new $42 million plant that will more than double India's present 18,000-ton aluminum capacity. South of New Delhi, Goodyear was putting in a $12 million tire factory; Firestone and an Indian partner plan another at Bareilly in North India. Nehru himself...