Reborn as the richest man in India

Lupa visited Qiao Ge a few days ago and asked about the petrochemical plant.

Qiao Ge's advice to him was that if he had enough funds to continue, if he felt that funds were tight, he could transfer some of his shares or all of them.

The Vasayan family is still hesitating.

Although there was talk in the family meeting about pretending to give up the shares, when it came to this meeting, I was still a little reluctant to part with it.

While they were still struggling, they were surprised to hear that the three major Dutta families were preparing to transfer the petrochemical project.

The news spread across the country in an instant.

Think about how crazy the auction of the three licenses was.

Various deposits are required. Each of the dozen or so companies participating in the auction has a deposit of 3 billion, and a deposit of 100 million is required to enter the venue to watch.

All of this was lent to the government, and as it stands now, it’s almost all wasted.

So this matter was a big deal some time ago, especially since Reliance Group never gave up.

At that time, the Dutta family paid the highest price, winning the license for 22.8 billion.

The current transfer price of the Dutta family is 30 billion.

They have invested 5 billion in the factory, and the cost excluding various interests is 27.8 billion. The quoted price of 30 billion seems understandable.

After learning the news, Lupa was sent by the Vasayan family to find Qiaogo.

"Brother, did they really transfer it?" Lupa asked, "Have they asked for your opinion? Are you so unfavorable to the petrochemical project?"

"Actually, I am optimistic about the petrochemical project. Unfortunately, the three of them do not have enough funds to continue building the factory, so it is better to get rid of it early and make other plans." Qiao Ge said.

Lupa breathed a sigh of relief.

He was really afraid that Qiao Ge was not optimistic about the petrochemical industry. If he was not optimistic about the petrochemical industry, wouldn't it be better for his family to transfer it as soon as possible?

"So, we can still hold it," Lupa said.

"I still say the same thing, if you have the funds to ensure the continuation of factory construction, then go ahead." Qiao Ge said, "I believe that the petrochemical industry will definitely explode in the future. By that time, you have petrochemical industry Factory, you have the upper hand. Of course, this presupposes that you have confidence that your funds will not be broken."

Qiao Ge is certainly optimistic about the petrochemical industry.

With the subsequent economic development, the demand for petrochemical products is increasing.

Thinking about the past life, the main money-making industry of Reliance Group was the petrochemical project. He took the lead in this project and had already started the layout before the reform and opening up.

After the reform and opening up in 1991, large capital investments were made, allowing Reliance Group's petrochemical industry to take a leading position in the industry.

To be honest, Qiao Ge still wants to enter this industry, but unfortunately, funds are limited.

He felt that there was not enough funds in the grain and oil business, so how could he distract himself from the petrochemical industry?

This industry is also an asset-heavy industry, and the initial investment is huge, which is not something ordinary people can play around with.

He must now make every effort to gain a foothold in the grain and oil market, and other industries can only give up for the time being.

It is impossible for him to take all the benefits, and he is not that powerful now.

Eat the meal one bite at a time.

Even if you have not entered now, I believe you will be qualified to enter after the reform and opening up.

Moreover, no license is required at that time, and the cost can be reduced a lot.

Of course, Qiao Ge's goal is to acquire those state-owned petrochemical companies, which is faster.

Otherwise, if you start from scratch alone, it will take at least two or three years to complete.

In the future, there will be many opportunities for these companies to be privatized.

"Understood." Rupa said, "Our Vasayan family may be different from them. They are transferring all the shares, and we are preparing to transfer part of the shares. Now that they are making such a big move, maybe the family may transfer more shares. .Brother, you have sufficient funds now. Do you really have no plans to invest in petrochemical industry? Now, whether it is our family or Hebizha's side, you actually have a good chance."

"Haha~~" Qiao Ge laughed and said, "I will definitely enter the petrochemical industry, but not now. Success is imminent in the grain and oil industry, so I won't cause too many troubles."

Lupa thought for a while and felt that what Qiaogo said was quite reasonable.

Petrochemical industry is a good industry, but the grain and oil market that Qiaogo is now entering is also not bad.

Especially if it can occupy most of the market, perhaps Qiao Ge has a greater advantage.

In fact, Lupa still underestimated Qiaogo's ambition. In order to increase his amulet, Qiaogo had to grasp the lifeblood of the people and tie more people to his own ship.

The actions of the three major Dutta families shocked the business world.

The transfer of a petrochemical project was one thing, and then it was revealed that even the just-invested square project was also ready to be transferred.

This makes people wonder, what exactly do the three major Dutta families want to do? These two projects can be said to be giant projects, and they just quit like this?

Various media and newspapers conducted interviews one after another, asking them why they quit these two major industries, and what industries they plan to enter after exiting?

In this regard, the spokespersons of the three major families did not give an accurate statement.

What they mean is that the family has financial problems and needs to withdraw funds, so they can only reluctantly cede the project.

As for where the funds will go next, there is no comment yet.

The three major families are short of funds, no one doubts this.

After all, they suffered the largest loss among the regulated accounts, reaching 25 billion. Everyone basically knows this.

With a shortfall of 25 billion, the funding gap is too large. The three major families are indeed unable to continue the petrochemical plant.

As for the square project, again, I probably think the investment is too big.

These two projects are actually considered star projects, with many people interested.

Needless to say, petrochemical projects receive the most attention.

For the square project, since they acquired a lot of land and relied on the background of the three major families, all the approval procedures have been completed.

Therefore, many people are also eyeing it.

If you get it now, it's almost ready-made. You have to know the troubles of the procedures and so on. The three major families still have the background, and they can get it done.

Who doesn’t know about Jogo’s scenery in Gupta Square, New Delhi, where the consumption is simply too extravagant.

It attracts the upper class elites to go shopping. Not only New Delhi, but also people from other states go there to buy goods. The daily turnover is simply astronomical.

It is said that there are three cash cow companies in Jogo now, but the Gupta Square company will be the fourth next.

Qiaogo has been in New Delhi recently. After all, the current situation is a bit complicated.

On the government side, there are also those in the market, such as those caused by the three major families, and there are also forces such as the Reliance Group that are fighting against the government.

Of course, these are minor. The most important thing is that Qiaogo wants to get the news about palm oil liberalization as soon as possible.

"What? They actually came together?" On this day, Huida personally came to Qiao Ge's residence.

Qiao Ge was so surprised after hearing what Huida said.

"Yeah, who would have thought that after they fought for so long, they would end up with this result." Huaida sighed, "Brother, this is not a good thing for us."

Jogo was silent.

What Huida said was serious.

That was the previous Edible Oil Alliance, the alliance that resisted the Sitharaman family. Now several of their main members have joined the Sitharaman family.

These few people were originally the backbone and main force of the resistance, but they just turned against them.

Almost immediately, the combined forces of the Sitharaman family monopolized more than 70% of the edible oil market and almost completely controlled the edible oil market.

"How did you do it? They fought to the death before." Qiao Ge asked with some confusion.

The last time the state-owned grain company auctioned it, it seemed that the two sides were tit for tat. Now that there is no news at all, the matter will be settled?

"Reliance Group made peace in the middle." Huida said.

He has many contacts with edible oil merchants and knows them well.

"That's it." Qiao Ge sighed.

I underestimated Reliance Group and underestimated Dhirubhai.

Dhirubai is now trying to win over allies in various ways.

He did not sit back and wait for the siege of the Reliance Group from the government and some traditional forces.

"The Sitharaman and Aiyar families sold a lot of their rights and interests, and the conditions for joining were very favorable, so they accepted it and converted the companies and assets under their names into shares," Huida said.

"In this way, the Sitharaman family's funds will be relieved." Jogo said.

Although the Sitharaman family has basically controlled the edible oil market before, as long as these edible oil alliances exist, it will be a threat to him and the pressure will always exist.

Now that the Sitharaman family has eliminated the biggest hidden danger in the edible oil industry, even if there are still some people left, they are too weak to be a concern.

Then their funding problem will be solved soon.

Next, the edible oil market is their world. They no longer need to consume or invest heavily, they can just sit and count their money.

"What should we do?" Huida asked a little worriedly.

If the Sitharaman family's funds are relieved, then they may be able to withstand the impact of palm oil imports.

"I hope the process of palm oil liberalization can be faster." Qiaogo said solemnly.

The longer you delay, the worse it will be for you.

"We have to meet." Huaida said with a solemn expression, "Everyone mobilizes his own strength to push and speed up this matter."

Qiao Ge also meant the same thing.

On the government side, his influence is definitely not as much as that of Huida and other families.

Now that the three major Dutta families have joined, I believe the strength can increase a lot.

This time is different from last time. The government intends to liberalize the import of palm oil. The probability of success is much higher, so Qiaogo feels that it cannot delay it any longer.

The three major families including the Sharma family and Dutta had nothing to hesitate and immediately mobilized their own troops to lobby the government.

As for Qiao Ge, he is not idle either.

In addition to asking Manmohan himself, Hamid and the club over Bianda can exert their efforts.

Having raised those second and third generations for a while, it’s almost time to show off.

Just let them do ideological work with their elders and relatives, of course there will be benefits, and Qiao Ge will not be stingy about these.