Reborn as the richest man in India

Chapter 240 Land purchase price of 7 billion

Huida fully trusted Qiao Ge.

There is no way, Qiao Ge is so profitable in organic farming.

He accounts for 50% of the share, so there is nothing to be dissatisfied with.

To be honest, with Qiao Ge's current assets, he can do it alone.

Being able to join forces with him is already very honorable.

Therefore, the Pandit family is responsible for the company's dividends, and others do not participate.

However, the idle land of the Pandit family will gradually be merged into the company, and Qiaogo will have to increase funds according to the land price in order to maintain the 50% ratio.

Jogo had no problem with that.

"Brother, I also want to ask you for help with something." After the organic rice company was settled, Qiao Ge had a new idea in his mind.

"That's what you say."

"I want to do the rice business. I wonder if the Pandit family can give me some support?" Qiaogo asked.

"Weren't we in the rice business just now? What are you doing?" At this point, Pandit's eyes widened. "Are you talking about the traditional rice industry?"

After receiving Qiao Ge's affirmation, Huaida felt a little frightened.

The industry that Qiao Ge has entered in recent times has almost subverted the original industry structure.

Let's not talk about organic and mineral water. Gupta Square has not yet exerted its power. Huaida can think about the shopping malls after its completion, especially some of the so-called high-end department stores, which will definitely be impacted immediately. On the contrary, bankruptcy is their end.

Qiao Ge can definitely turn an industry upside down.

The Pandit family's main business is the traditional rice industry. If Qiaogo joins, will the Pandit family not be affected?

"Brother, don't worry. I don't think it will have a big impact on the Pandit family. We can definitely cooperate." Qiao Ge quickly figured out what was going on from the change in Huida's expression. I couldn't help but sigh in relief.

"Brother, what you did before was really scary. Each of them dealt a huge blow to the existing market." Huaida heard what Qiao Ge said and believed that this matter might be different from what he had in mind. Same, a little more at ease, "But brother, what exactly do you want to do?"

"It's just the traditional rice industry, nothing else." Qiao Ge said with a smile, "Your Pandit family has lost a lot of markets over the years, so I want to get these markets back. So my goal is this Other companies in the industry. It’s just that the rice industry is mainly based on acquisitions. I believe my family should be more familiar with those suppliers and the like, so I’d like to ask my brother for help.”

These words made Huaida feel truly at ease.

I think back then, many of my suppliers were poached by competitors, causing my family's rice supply to decrease year after year.

In addition, the family has suffered serious losses in recent years and is unable to make large investments to compete for the market. Now it is completely in a defensive position. It is already good if it can not be cannibalized. How can it still have the energy to attack?

Now, Qiao Ge wants to use the same trick to poach the opposite supplier, and of course he supports it.

"Brother, if you really want to do it, I will definitely support you with my full support." Huaida said, "Most of these suppliers are actually money-minded, and they will choose whoever can offer the highest purchase price."

"Thank you very much, brother. It's just that my joining may increase the purchase price in a short period of time, which will have some impact on the Pandit family." Qiao Ge said.

"This is nothing. I will increase the purchase price for those suppliers accordingly." Huaida said with a smile, this is to retain his suppliers.

If I don't follow suit and raise the purchase price, my suppliers may also run away.

But Qiao Ge is now on the same page with his side, and he can prepare in advance so that he doesn't react until someone is poached.

I think many of the Pandit family's suppliers were poached by their opponents in this way.

By the time I reacted, it was already too late.

Huaida is not so worried about Qiaogo entering the traditional rice industry now.

Because they are no longer the boss in the traditional rice industry. Since they are no longer the boss, when Qiao Ge enters, the real worry is the current boss.

Moreover, he and Qiao Ge can join forces. One plus one is not as simple as two.

Since it is basically impossible for the Pandit family to return to the position of boss by themselves, joining forces with Jogo is certainly a good choice.

After all, Organic Rice is already cooperating.

Qiao Ge is also confident about rice.

If you want to gain a firm foothold in the traditional rice industry, or even occupy the market, you must have quality and price advantages.

Simply put, it is to reduce your production costs.

In terms of cost reduction, in addition to overall arrangements in management and management to reduce unnecessary waste, it is also about making a fuss about the rice itself.

For example, research into improved rice varieties to increase disease and disaster resistance.

There is also the issue of rice seed selection.

In the previous life, India clearly had more arable land than China, with three crops of rice a year, but the rice output was probably less than half of China's.

In addition to backward planting technology, rice seeds are a big problem.

China's hybrid rice has a very high yield. We have been researching it, and the quality is getting better and better, and the yield is getting higher and higher.

Obviously there are very few of them in India, so there are no high-quality seeds, so it’s strange that the yield can go up.

So I have already attached great importance to this point, using the power of technology to change the yield of rice under my name.

When the output is large, we will no longer be afraid of price wars with other companies.

Rice, the staple food, must be won, there is no doubt about it.

In the future, more rice will be exported, accounting for the majority of the world's rice exports. Just like India in the previous life, once it tightens grain exports, many countries in the world that mainly import grain will be greatly impacted.

From a certain perspective, I will have influence in the world by relying on the export of rice in the future.

Therefore, Qiao Ge’s investment in Professor Willis’s scientific research team is very large, which is basically impossible for other companies to do.

Maybe some companies have also invested some scientific research funds, but the amount is completely incomparable to their own.

This is the core technology and competitiveness of his agriculture, and Qiao Ge does not dare to relax at all.

When the two were about to talk, the head of the Sharma family came.

Yas Sharma is an uncle of Beni, his biological uncle.

The investment in the project in Gupta Square is still quite large, and the Sharma family also attaches great importance to it.

Of course, apart from their own optimism, Manmohan's call to the Sharma family last night to mention this matter had a lot to do with it.

Making them aware that Manmohan was also involved was a way of backing up Jogo.

They didn't care much about whether they were supporting Qiao Ge.

After the Sharma family invested, even if Qiaogo had Manmohan behind him, they were not afraid that Qiaogo would dare to swallow up the benefits of their family.

Manmohan is very good at economics. If he supports Qiaogo, he is optimistic about Qiaogo's project.

So they are even more interested in the Gupta Square project.

Yas is basically responsible for the family's large-scale investment projects. Some small projects may be his sons and nephews. His being able to come forward shows that the Sharma family attaches great importance to them.

The three-party negotiations were very harmonious and smooth, and they finally finalized their respective investment proportions. Gupta Square Company invested 3 billion in advance.

Among them, Jogo accounts for 70%, the Sharma family 15%, the Pandit family 10%, and Whyda personally 5%.

Huida still took care of the Pandit family, otherwise he would have been able to get 15% of the investment funds alone.

However, as long as he can control the power of the Pandit family, he thinks it is worth giving up these interests.

Personally, 5% is not low.

For Qiaogo, he needs to come up with 2.1 billion, which he can come up with without borrowing money from a bank.

According to the wishes of the three parties, in addition to providing a portion of the investment funds needed next, the rest will be borrowed from banks or private institutions.

Of course Qiaogo has no objection to this idea.

With the Sharma and Pandit families coming forward, it will be much easier to get loans from banks, with larger loan amounts and lower interest rates.

According to Yas, the total amount of bank and private loans, mainly from the Industrial Credit and Investment Corporation of India, will reach 5 billion.

Excluding the billion for the New Delhi project, that means they still have 7 billion in funding.

Jogo will use this money to purchase land in major cities, and at least 15 Gupta Plazas can be built at the same time.

Of course, now we are just purchasing land. Since it is not in the city center, land is cheaper.

Waiting until the New Delhi project is successful and then announcing the construction of Gupta Plaza on these lands can significantly increase the price of purchasing land.

It is definitely an exaggeration to have 15 Gupta Plazas start construction at the same time. The construction company in Gawali will definitely be overwhelmed and will have insufficient manpower. Other construction companies will have to be brought in by then.

Introducing other construction companies is not just to build faster, but Qiaogo wants to tie more people to his own boat.

Pressure on funds and letting them advance funds is a sure thing.

For a big project like my own, I am not afraid that no construction company will accept such harsh conditions.

The most important thing is the joining of the Sharma family. I believe they will not worry that their side will default on their debts in the end.

In short, it is not just the construction company, but also the material suppliers. They will supply the goods first, and the payment will definitely be delayed. As for how long the delay will be, half a year or one year depends on what Qiao Ge decides at that time.

This 7 billion fund is just for land purchase, so when the construction actually starts later, the three parties will have to invest funds. If it starts at the same time in the early stage, it will cost at least 3 billion.

So it is definitely right to say tens of billions of investments.

After that, you can use the increased value of land to mortgage loans, etc., so you don’t have to worry about subsequent investment funds.

The main thing has been decided today, signing the contract is definitely not now.

It still requires a lot of preparation, and lawyers from several parties will certainly be present to draft the contract together.

Therefore, we have to find a special time to actually sign the contract. Such an important event cannot be taken lightly.

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