Reborn as the richest man in India

"Yes." Hu Di shook his head and said, "From the information we received, the major shareholders approached Shedu and wanted to invest together, but Shedu refused. He invested all his money in the Beyond Group During the expansion, we are not interested in other industries.”

Qiao Ge didn't expect that this guy Shedu was really a bit dedicated.

Although I don't have a good impression of this guy Shedu, his spirit of concentrating on an industry is still admirable.

It’s no wonder that Beyond Group, under the leadership of Shedu, has been able to achieve its current achievements.

However, as long as he is given a chance, Qiao Ge will also step on Shedu. It is best to knock him to the ground and never be able to stand up.

It is never too late for a gentleman to take revenge after ten years, and Qiao Ge always remembers this in his heart.

"Continue to pay attention." Qiao Ge smiled and said, "As long as we can withstand their previous waves of offensives and stabilize our position, then the next step will be a fight between their latecomers."

"Yes, boss." Hudi smiled.

This is for sure. For now, organic agriculture here is still very dominant. If the technology is not good in this area, it is really impossible to produce qualified organic agricultural products.

It can be said that with the influx of these people, this high-end market will definitely be full, and supply will exceed demand. Then there will be internal fighting.

Some companies with weak strength and poor product quality will naturally be eliminated.

"One more thing." Hu Di added, "When I came here just now, I heard someone mention the petrochemical license. It is said that the country is planning to issue a lot of licenses this time. Boss, what about you~~"

"I heard it just now. It was said that there were more than a dozen. That's quite a lot. It was a bit beyond everyone's expectations." Qiao Ge knew what Hudi wanted to say.

This is to ask yourself if you are interested in entering.

To be honest, Qiao Ge was really moved.

In the past, he didn't have the capital. Now based on his own income, in a few years, if he joins forces with other people, he should have enough capital, and he will really be qualified to enter the petrochemical industry.

Invest?

Qiao Ge was thinking about this before Hu Di came.

In the end, he made a difficult decision to take it slow. There was no point in moving the permit. There were some things he could think about but not do.

This investment is too great.

Because he is still working on another big thing, which is the palm oil industry.

If this industry grows big, the profits will not be low.

Two major events unfolded at once, and the pressure was too great.

It was really exciting to have more than a dozen licenses, but Qiao Ge still held back.

In fact, he probably did this to avoid being targeted.

Although his wealth is rapidly accumulating, his real wealth is not improving so quickly.

In other words, the power behind him is not enough, such as not enough connections in the government.

Now, it is mainly through Hebicha that they have hooked up with some people. These people have a normal relationship with them, and they will definitely not be able to count on anything big.

Moreover, the status and power of these people are not the top ones.

With Hebizha's status, they can only go so far. After all, they are not the talkers of the family.

An industry like the petrochemical industry involves state-level power and involves too many interests. If I invest with some big guys, as a small shareholder, that won't be a big problem.

If you want to control the company by yourself, you may be targeted by some big shots, and it is possible that the boat will capsize in the gutter.

Take organic farming and high-end mineral water as examples. I don’t know how many people are staring at me and targeting me.

When he was not strong enough to control the situation, Qiao Ge felt that he should keep a low profile.

One bite won't make you fat, so there's no need to rush.

"Let's just see." Jhogo replied.

Hudi can probably understand Qiao Ge's thoughts. With his sudden rise, it is not a big problem to control the situation in other industries. Petrochemical industry is really not something that ordinary people can do well.

"It's a pity that more than a dozen permits have gone out at once. If we want to enter again in the future, I'm afraid it will be difficult for us to have a chance." Hu Di sighed.

The country has released so many licenses at once this time, so it will definitely not issue any more licenses for a long time to come.

A few years later, even if Qiao Ge was strong enough, he would not be able to enter without a license.

"Don't force it," Jhogo replied.

Qiao Ge really isn't worried about these things.

Even if the government makes promises to these companies that have obtained licenses this time, such as not issuing new licenses for a number of years and ensuring their interests, etc.

But in 1991, when the country was about to go bankrupt, what use were these promises?

After reform and opening up, these industries will naturally gradually become market-oriented.

At that time, I believe that if I have the financial resources and the corresponding foundation, it will not be a big problem to enter the petrochemical industry.

Qiao Ge certainly understands Hu Di's concerns. After all, the other party doesn't know what big changes will happen in the next few years.

"It seems that I have to congratulate Hebicha and the others." Qiao Ge thought to himself.

Before, they were worried about whether they could get the license, but now they have more than a dozen. If they can't get even one, then they have overestimated the power of them.

Jogo took home the Bombay Outstanding Contribution Award, during which he spoke a few words to Manmohan, because on such an occasion, even if he wanted to say more, he couldn't.

There are too many people trying to get close to Manmohan.

Because Qiao Ge won the award, Fuli and Tapu were very happy for him. For this reason, they would usually refuse some of Qiao Ge's excessive demands, but this time they agreed shyly.

As a result, many modes are unlocked.

The next day, Qiao Ge went to find Bupeng Best, but unexpectedly met Manmohan who came to visit him.

After hearing Best's introduction, Qiao Ge didn't expect that the two were still good friends.

This is very good news. I have a close relationship with Best. With this relationship, it will naturally be easier to get closer to Manmohan.

This relationship really needs to be put to good use.

"Qiaogo, you must have heard about this petrochemical license, right?" Manmohan asked.

"I just heard about it last night. I just don't know if it's true or not." Qiao Ge replied.

Qiao Ge believed that it was close to ten, and it was probably the government that had deliberately revealed it in advance, hoping that those who were qualified to compete would prepare quickly.

"Really, with your current financial resources, you can definitely participate in the competition." Manmohan stared at Qiao Ge and said.

"You really think too highly of me." Qiao Ge said hurriedly, "I can't afford such a big investment."

"Even if you can't do it alone, don't you have friends who can join a gang together?"

"To tell you the truth, this industry is too complicated and I am too young to be suitable for it," Qiao Ge said.

"Look, I said this kid is very self-aware." Bu Peng laughed and said, "Qiao Ge, that's good, you're very rational."

Manmohan smiled and did not answer immediately.

To be honest, when he met Qiao Ge here, the first thought in his mind was whether this kid would get close to him.

For example, some care will be given to petrochemical industry licenses.

Of course he has known how fast Qiao Ge is making money these days, so Qiao Ge still has the strength to participate in these competitions.

The petrochemical industry is now a state monopoly.

With most state-owned companies suffering huge losses, few in this industry can make money.

If these industries are left to private individuals, everyone knows they can make a lot of money.

It's really rare for Qiao Ge to be able to resist this kind of temptation, especially at such a young age, he has a very clear understanding of himself.

Both Bupeng and Manmohan knew Qiaogo's current shortcomings. Without a strong government background, not everyone can play the petrochemical industry.

And the government alone is not enough, there must be overseas oil channels.

Qiaogo has only been around for a long time and there is no time to open up these channels. Therefore, even if the funding conditions are met, there are still big problems in other aspects.

"Actually, I have a question, how could so many permits be released at once?" Qiao Ge couldn't help but ask.

Manmohan is almost a person involved, so it is definitely right to ask him about this kind of thing.

"Well, it's not like the finances are tight." Manmohan sighed, "These days, money is spent everywhere, here and there, and the fiscal deficit is rising every year."

These words made Qiao Ge stunned for a moment: "So it's a public auction of licenses by the government?"

"Your mind works very quickly," Manmohan said with a smile.

Qiao Ge was a little speechless. In the past, when he wanted to get a license, he usually gave benefits to the person in charge of the issuing department, and then he could probably get it.

Now the government directly collects the money itself.

Come and buy it with your money.

"In this case, a dozen is too many." Qiao Ge said.

"It's too few. The boss wants to sell more licenses." Manmohan said a little speechlessly.

"No, you misunderstood me." Qiao Ge said, "If you have too much at once, you won't be able to sell it at a high price. It's better to have less. Rare things are more valuable."

Manmohan was silent for a moment.

"Ah, I'm just talking nonsense." Qiao Ge hurriedly added.

It’s really hard for me to say these things myself. If anyone knew about it, they would be scolded to death.

"You are really not talking nonsense." Manmohan smiled, "Did you still have reservations about some of your words when you were in New Delhi last time?"

"What words?"

"Pretending to be stupid?" Manmohan smiled and said, "Don't worry, there are just a few of us here, we are just communicating privately, and it will not be spread outside."

Qiao Ge did not answer immediately, but glanced at Bupeng.

"Tell me, Manmohan is my old friend." Bu Peng said, "If you really have any good ideas, you can give him some reference."

"Can we talk about it? Last time, you had a lot to say about foreign exchange, fiscal deficit and other topics. I can see that you are hiding it." Manmohan laughed and said, "Speaking of which, isn't your approach contradictory?"

"What method?" Qiao Ge asked.

"I have heard that your Gupta Department Store sells all imported goods. How much foreign exchange does this consume? You are shouting not to consume imported goods and save foreign exchange, but you are frantically importing and selling them. This is not Self-contradiction, what is it?" Manmohan said, "To put it seriously, you have double standards, you are very hypocritical, and your words and deeds are inconsistent."

"Mr. Singh, I have to explain this matter." Qiao Ge said seriously.

"Okay, I'll listen."

"If I don't import these goods, will no one import them?" Qiao Ge said. "There must still be people, so this is a normal behavior on my part. If I import, others will have less. In fact, the total amount has not increased."

"This is sophistry," Manmohan said. "You are the one who said that everyone should reduce their consumption of imported products. Doesn't your importing like this encourage them to consume?"

"Most of the products I import are products that are in short supply in the country," Qiaogo said. "And I have also made remedies, such as organic agriculture and high-end mineral water, which have helped the country save a lot of foreign exchange consumption."

"That's true." Bu Peng shook his head and agreed, "Now many people are following your lead in engaging in organic farming and high-end mineral water. I believe the number of re-imports will be much smaller."

"Let's not talk about how much imports my organic agriculture and high-end mineral water have replaced. Just the two markets I have driven, how many jobs can be created and how much tax revenue can be provided to the government. The country should award me an Indian Outstanding Contribution Award," said Jogo.

Hearing this, Bu Peng and Manmohan couldn't help laughing.

"You just won the Bombay Outstanding Contribution Award. Do you want to win another country's award?" Bu Peng was a little funny, "The country does not have this award."

"If there is no award, I can add one, the National Outstanding Contribution Award. Maybe I can give feedback to the superiors." Manmohan said seriously, "The government will not treat citizens who have made outstanding contributions poorly. Of course, it does not mean that you proposed You are qualified for this award. One day there will be this award, and if you want to get it, you have to keep working hard."

Qiao Ge smiled and did not answer. He said this National Outstanding Contribution Award casually. Unexpectedly, Manmohan took it seriously.

As for these awards, it is of course good to get them, the more the merrier.

I believe that there is still gold content, at least the initial gold content and benefits of winning must be great.

"Tell me what you didn't say last time in New Delhi." Manmohan said again.

Qiao Ge thought for a moment and organized in his mind what he wanted to say next.

This is definitely a good opportunity to get closer to Manmohan.

Although Bupeng will say good things to him, whether he can get Manmohan's approval depends on whether his next words can agree with him.

So these words must be new, something they haven't thought of.

"Mr. Singh, in fact, I don't need to say more about the domestic deficit. There must be many ways on the country's side." Qiaogo said, "But why hasn't it been done? Everyone knows what is involved, so I don't need to say more. Well, because I can’t come up with too many good ideas.”

Solving the fiscal deficit problem is nothing more than increasing revenue and reducing expenditure.

It's very difficult to reduce expenditures because you have to offend various interest groups.

For example, military spending continues to expand. If you propose to reduce military spending, will the military agree?

Do these people have no objections to reducing government services and other benefits?

In short, it is difficult, so no effective measures have been introduced so far. They are just scratching the itch, which does not work at all, and may even be counterproductive and increase expenses.

Manmohan shook his head, agreeing with Qiao Ge's words, and motioned for him to continue.

"I think the domestic financial problem is serious, but once there is a problem with foreign exchange, it will be even more serious." Qiaogo said, "The country's foreign debt continues to increase, and the repayment needs to be larger and larger every year. It should be almost reaching its limit now." Right? If this continues, the country may not be able to repay its foreign debt, which would be a breach of contract~~"

"You are being alarmist," Manmohan said. "There is a shortage of foreign exchange, but it is not to the point of defaulting on the foreign debt and being unable to repay the foreign debt."

If a country defaults on its foreign debt, it is almost equivalent to bankruptcy.

"That's all under optimistic conditions. If something unexpected happens, foreign exchange income suddenly decreases and foreign exchange expenditures suddenly increase." Qiaogo added.

"Like what kind of accident?"

This makes Qiu Ge difficult to say for a while. It cannot be said that the Gulf War will occur in a few years. The price of oil has risen. As a major oil importing country, this impact is too great, and the limited foreign exchange cannot support it at all.

India has many expatriate workers in the Middle East, and a large part of its foreign exchange is remitted back by them.

But as the war started, these people lost their jobs and had no choice but to return home, losing a large source of foreign exchange.

Then there was the disintegration of the Soviet Union.

The current foreign trade transactions between India and the Soviet Union are mainly conducted in the form of barter.

The Soviet Union provided military equipment and industrial products, while India provided various raw materials.

Since the Soviet Union is India's major trading country and accounts for the vast majority of foreign trade, India's current demand for foreign exchange is not that large, and naturally it does not pay that much attention.

But after the collapse of the Soviet Union, foreign exchange was needed for trade with other countries.

The domestic foreign exchange reserves are very small and simply not enough.

If it's just a little bit fine, almost all of them are squeezed together, and a crisis arises.

"Natural disasters, wars, etc. are all possible." Qiao Ge thought for a while.

"These are too general," Manmohan said. "If you rely on these alone, they are not enough to support your conjecture."

"Then let's talk about war." Qiaogo thought for a moment and said, "The outbreak of war will definitely have an impact on oil prices, and most of the domestic oil is imported."

"You mean the Iran-Iraq war? They have been fighting it for so many years. The market has become accustomed to it, and oil prices will not rise or fall sharply."

"What if other countries in the Middle East are involved?" Jogo asked.

These words made Manmohan stunned for a moment: "Isn't that true?"

"Who knows?" Qiaogo said with a smile, "Take Iraq for example. We have been fighting for so many years and owe more than 80 billion US dollars in foreign debt. If it were me, I would choose to default on the debt because I can't afford to pay it back."

It owes more than 30 billion to Arab countries, of which Kuwait is one of the creditors.

So Iraq later prepared to deal with Kuwait as its creditor and annex it. Of course, it would not have to pay back the money.

Of course, this is just one point. The main reason is that Kuwait has a superior strategic location and its huge wealth.

It is a pity that India owes its foreign debt to too powerful parties, the West and beautiful countries, and it is impossible for it to default on its debts and to deal with its creditors like Iraq later did.

"Repudiation? Haha, do you think countries are playing house?" Manmohan laughed loudly.

But the laughter soon stopped, and his face became a little solemn.

~~~~~~

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