TAMIL NADU-Banking on New Voters

February 27, 1971 rican financial and technical assistance.
The significance of the offshore venture, besides the possibility of striking oil in large quantities, is that it ought to build Indian capability for similar ventures in other prospective offshore structures. There is no question that the ONGC, which has gathered experience in oil exploration over the years, would be best equipped to absorb the experience from the 'Bombay High' venture. This possibility will be greatly reduced if a new organisation is set up to collaborate with the Japanese and the Americans in the work on the 'Bombay High'.