Chapter X
Industrial Development
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Visit To Indo-Ethiopian Textile Factory
Mar. 28, 1962
One of Our principal aims for Our people in being always to develop industry in Our country, it
gives us pleasure to visit once more the Indo-Ethiopian Textile Factory, an undertaking that We
have watched with interest from its very beginning, and one which as We have stated on previous
occasions, is a fruitful example of bi-national co-operation.

As Mr. Jada just said, not only is this factory an example in co-operation, it is as well one of rapid
success, for in less than two years after its birth, it has expanded to the extent that it has doubled
its capacity.  On this basis We have no doubt that the new projects in hand of producing rayon
products and others will equally come to fruition.

The importance of the industrial sector of Ethiopia's economy could never be over-emphasized.  
This is why We have spent so much effort in encouraging the establishment of enterprises of this
and other natures in Our country, for the employment and the utilization of Our natural resources
in the industrial process would aid immensely in raising further the standard of living of the
people, one of Our cardinal aims.

We are very pleased to see a large number of people, men and women alike, employed here and
engaged in discharge a role that earns them their livelihood.

It is also apparent that in guaranteeing their welfare and rendering them moral support, the
hospital that is about to be built for them will inevitably bring about a praise-worthy result.

Birla Brothers, the Board of Directories, the Management and all those who have worked together
for the success of this Indo-Ethiopian Textile Factory should be complimented for a job well done.  
In expressing Our congratulations on the present accomplishments, it is Our hope that the
Company would grow yet further and continue to make its contribution to the development of
Ethiopia's economy.
Haile Selassie the First - March 28, 1962