Reborn as the richest man in India

The last chapter is finally out. I don’t know how many pages have been revised. I still don’t know which words are too sensitive. I couldn’t contact the editor over the weekend. It took so long. It’s so miserable.

~~~~~

"It's not enough, isn't it?" Bosh asked, "When the Chinese pay you the balance, it should be almost done, right?"

"Oh, that's enough." Qiao Ge responded, "Can we wait at the bank?"

Bosh pondered for a moment and said: "I can ask again about the bank. As for the employees, don't worry, as long as I'm here, I'll be on your side. If anyone makes trouble, let them get out. How about it, can't take the exam? consider?"

"Director, you said so, of course I have no problem." Qiao Ge said with a smile.

I am doing Bosh a favor. This kind of bankruptcy liquidation involves many people, such as factory employees. If it is not handled well, there may be trouble.

Now with Bosh's guarantee, Qiaogo feels that even if he really runs this factory in the future, the problem will not be too big.

Of course, this all has to be under the premise that Bosh keeps his promise. Otherwise, if something happens and the union organizes workers to strike or something, wouldn't his head be big?

But then again, Jogo found himself a bit too conservative like the elder Gupta.

If you want to make a lot of money, how can your company not grow bigger?

Since you want to grow bigger, don’t be afraid of this or that. What about the labor union?

As long as you are strong enough, the union can also be a chess piece in your hand.

At least the relationship between Bosh and himself is pretty good now, and buying the factory is indeed profitable for him, which is enough.

Bosh smiled and was very satisfied with Qiaogo's answer. If this thing happened, it would really help him a lot.

So he called the bank again. When the bank heard that someone had the intention to acquire the clothing factory, it said it would send someone over immediately to communicate in person.

Twenty minutes later, someone from the bank came, from the State Bank of India, whom Jogo was familiar with.

Bosh told the people at the bank about Qiaogo's situation.

The people at the bank knew about Qiao Ge, after all, there were reports about him in the newspapers these days.

Regarding Qiao Ge's current assets, the bank quickly conducted an investigation. Counting the balance payment from the Chinese, it was really enough to buy the factory.

For banks, they have not been able to find a suitable buyer during this period, and it should be said that almost no one is willing to buy.

After all, factories are now moving to inland cities in search of lower labor and other costs.

And this clothing factory is in the suburbs of Navi Mumbai, which is still near Mumbai. The cost is much higher, there are really not many people who are interested, and the batch of jeans is too troublesome.

The bank didn't want to make any more concessions, so it just froze.

What Bosh meant, they understood, was that the bank would lend Qiaogo a sum of money first and let him buy the factory first. As for the loan money, it could be repaid after Qiaogo's final payment arrived. There was a bit of a time lag in between. For more than a month, this condition is not unacceptable.

The bankers were thinking about it, and Qiao Ge was also thinking about the bank's valuation of the clothing factory.

Among them, factories, land, machinery and a small amount of cloth and other raw materials are valued at 15 million, and 200,000 pairs of jeans are valued at 10 million.

No wonder this clothing factory cannot be sold. For people who make clothing, what they value is the factory and the machine, which is the first 15 million.

If the quantity of jeans was small, it would be easy to say, for example, if they were several million, they would just buy them together. But the problem is that the quantity is too large, there are actually 10 million, and it is difficult for them to start.

Regarding the former item, Qiao Ge couldn’t lower the price anymore, as the banks had a tough attitude.

Qiao Ge knew this very well. After all, these prices were relatively transparent in the market, and this valuation was about the same.

As for the jeans, he didn't agree with the bank's valuation.

The bank said that once the jeans are exported, the price will be around US$6 per pair, which is 76 rupees. The price they are currently offering is 50 rupees per pair, which is already very favorable.

Qiao Ge talked about China. Now China's jeans industry has risen, and the price is very advantageous, so even if these jeans are exported, they can't sell for less than 6 US dollars.

It's a bit embarrassing for the bank.

They didn't expect Qiao Ge to be so familiar with this industry.

It cannot be said that Qiao Ge is too familiar with it. He is actually trying his luck to lower the price.

He only roughly knows that China's current export volume of jeans is not small. How can he know the specific price?

But judging from the reactions on the faces of the people at the bank, he was right.

After some debate and haggling, the jeans were valued at 40 rupees a pair, for a total price of 8 million rupees.

The final result was that the bank first loaned Qiaogo US$1 million plus 7 million rupees.

Then coupled with Qiaogo's current 19 million rupees, it is enough to buy a clothing factory.

This was only agreed by the bank after Qiao Ge showed them the hair contract they had just signed.

Because the loan amount does not exceed the balance Qiaogo will receive in the future, and the balance will be transferred to Qiaogo's account at the State Bank of India, the bank is relieved.

However, the term of the loan cannot exceed 3 months at most, which means that Qiaogo will repay it immediately as soon as the final payment arrives.

Bosh was really shocked that Qiaogo made so much money in the hair trade, more than cotton.

In this matter, Bosh also invited Fajia to serve as Qiaogo's guarantee.

Bosh was very moved by Qiaogo's actions.

Because the $1 million that Qiaogo borrowed was to purchase the advanced machinery and equipment of Frenchman Maupassant, this solved the problem for him.

Otherwise, there was no need for Qiao Ge to borrow so much.

Of course, it also helped Fajia resolve the problem. The Maupassant matter escalated into a diplomatic issue between the two countries. How could Fajia, the administrator, be free of pressure?

That's why Fajia agreed to vouch for Qiao Ge.

Of course, you have to apply to the bank for this 1 million US dollars, which takes time. After all, it is foreign exchange and the amount is not small, so it cannot be disbursed so quickly.

Qiao Ge did do this to help Bosh and Fajia. Without their guarantee, it would still be difficult to borrow money from the bank, even if he still had the balance outstanding, and it would be received soon.

In addition, Qiao Ge also has his own ideas.

If you really want to do long-term business with Ivanov in the future, it would be good to have your own clothing factory. You can produce your own clothes and sell them to Ivanov in exchange for some industrial products from the Soviet Union. This way your costs will be lower.

Maupassant's assembly line is a bit expensive, but it is advanced and the production efficiency and quality are more guaranteed. Qiao Ge feels that buying it will not be a big loss.

In fact, Jogo remembered what Gautam Adani did in his previous life.

This guy's company basically takes everything from upstream to downstream.

For example: Adani bought a coal mine abroad, bought coal from its own coal mine, transported it back to its port in India for loading and unloading through its own shipping company, and then used its own railway system or transportation company to transport the coal to its own port. Thermal power plants, the electricity generated by thermal power plants can be sold to their own ports and other factories, and the excess can then be sold to the national or state power grids.

In short, every step of this is his own company, and he makes all the money from upstream and downstream.

Qiao Ge is just starting out now, so naturally it is impossible to achieve this step.

But he can also learn this way. In the future, he can purchase cotton by himself, make cotton cloth by himself, and then make clothes. Maybe he can also grow cotton in the future. In short, he must connect all the upstream and downstream and have them all in his hand, so that he can make more money.

Not only the clothing industry, but other industries can also learn from Adani's model in the future. Others can't even think of making money on themselves, and they will get nothing, haha.