STEEL: Kaiser v. Khrushchev

As Bulganin and Khrushchev tooled through India selling Communism last week (see FOREIGN NEWS), Henry Kaiser made a deal in India that would help strengthen capitalism. In Jamshedpur, 150 miles west of Calcutta, Tata Iron & Steel Co., largest steelworks in India, announced that it had picked Kaiser Engineers of Oakland, Calif, to build a $130 million addition to the plant, thus increase India's capacity some 45%, and raise Tata's production from 1,300,000 to 2,000,000 long tons of ingots annually.

The job, scheduled to take 30 months, will virtually give Tata a new integrated plant, including a new 26-oven battery...

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