Originally posted by Monkey Even though this might not be the case currently in India, how about possibility of ban on Asbestose? & then associated issues with these companies?

I had read the director's report of both sahyadri and visaka and both mention the threat of anti asbestos lobby

"Availability of adequate power, exchange rate fluctuations, increase in input cost such as cost of power, transport, and raw material , inadequate
monsoon, additional entries, increasing capacities and the malafide campaign against Asbestos Products are the concern to the industry as a whole."

The above is from director's statement of sahyadri. Funnily, they describe the thread from malafide campaign.

Well it's India Karn ..

so we have world's dangerous ship breaking in Alang , Nuclear waste thrown  in coastal area  .. Aren't we dumping yards for the west ( and waste ) ??

However Bhupanji is right, in India 3 tata motors cars caught fire but no problem
In US a few Toyota cars have break problems millions of cars recalled

Originally posted by vinvestor2010 Originally posted by karn Asbestos kills Europeans, Australians and Japanese but not Indians http://www.toxicslink.org/qdocs/Asbestos.pdf Very valid point karnji, 3rd world country does not mean kuch bhi chalega.If you want to invest do it but like with tobacco stocks, there is always a risk