Reborn as the richest man in India

Qiao Ge understood what Fajia meant, which was to let him borrow money from five rich people.

Of course, the money lent by the rich is not necessarily their own. A large part may be low-interest loans they borrowed from banks and then lent them to others to earn the difference.

There is no way. They all have their own industries. They have big businesses and high reputations. Banks will naturally give them priority loans. Besides, they now have government policy support.

"Come on, let me introduce each other to you..." Fajia said enthusiastically.

"Your Excellency, Administrator, I know him, Jogo Gupta. It's amazing. When I was his age, I didn't know how much 10,000 rupees was. Now he has earned seven to eight million." A. Gao Haga laughed loudly, showing his gold teeth. He was fat, about fifty years old, and he was dressed in gold that made people blind.

The fingers are covered with gold rings. Some fingers are not enough to wear two rings. A large gold chain as thick as a thumb hangs around the neck. I wonder if it is hollow inside.

But with Gao Hagar's wealth, he wouldn't be able to make it hollow, but if it were solid, how heavy would it be?

Can this neck bear it?

This is a characteristic of Gohaga. He is in the gold industry, and wearing gold and silver can be regarded as advertising for his company all the time.

Compared with the other four, Gauhaga is also much more high-profile and often receives interviews from major newspapers.

Qiao Ge smiled shyly and did not answer.

These guys are all big guys, but I'm still a bit humble as a kid.

"Everyone, please take a seat." Bosh greeted.

"Five gentlemen, you should know what I mean. Since you are here, you must have agreed?" Fajia asked.

"So, this kid really dares to continue harvesting cotton?" Gao Haga glanced at Qiao Ge in surprise, and the other four people also looked at Qiao Ge again.

The few people talked for a while, and Qiao Ge got a lot of information from their conversation. Sure enough, Fajia asked them to lend him a loan to buy cotton.

Fajia's main goal in doing this is to stabilize those cotton merchants who can no longer hold on. Facing the falling prices, many people are about to collapse, especially some merchants who originally thought of speculating in and out quickly. Thinking that this delay would be two months, if the cotton could not be sold, their capital chain would be broken.

Because Qiao Ge agreed, and with the help of Fajia, the administrator, the five people in Gohaga expressed their agreement to borrow money.

However, Qiao Ge was a little confused.

The business scope of these five people seems to have little to do with cotton. It can be said that they have never had contact with the cotton industry before.

If Fajia really wants to stabilize those merchants, he can just ask some big cotton merchants to buy some small merchants. Why go through such a big circle to let a young man like himself come forward.

A little strange.

After Qiao Ge asked his doubts, Fajia was silent for a moment.

However, he still gave Qiao Ge an explanation. After listening to it, Qiao Ge realized that he was still too young and too tender.

It involves some confrontations between political parties in India.

Tedli Faga is from the People's Party.

In the past life, the two main political parties in India were the Congress Party of the Gandhi family and the People's Party, and Modi belonged to the People's Party.

It's just that the current PPP is not that powerful. In the 1984 general election, it won two seats in the Lok Sabha (the lower house of parliament, India's power body) for the first time.

The BJP mainly represents the interests of Hindus and the urban middle class, that is, small businessmen in towns and cities.

The Congress Party mainly represents the interests of India's big landowners and big bourgeoisie.

Today's cotton export industry in Mumbai is basically in the hands of wealthy people with good relations with the Congress Party.

Therefore, in the face of Fajia's request, those wealthy people superficially agreed, but in fact did not take any action. Some even directly refused to give Fajia face and mercilessly refused to step in to stabilize the situation.

Qiao Ge knew that these political parties were behind this demonstration and strike, so it was obviously impossible for them to help Fajia stabilize the situation.

As a result, Qiao Ge found that he was really pushed to the forefront by Fajia.

Paying taxes based on the actual price of land purchases is just an appetizer. This is the real big deal.

Can you withstand it yourself?

Qiao Ge quickly thought about it in his mind, and he had to weigh the pros and cons.

To purchase cotton, you are standing in the same boat as Fajia, and you will offend those big bosses who are well connected with the National Congress Party.

After thinking about it, Qiao Ge realized that he seemed to have no choice.

With his little financial resources, if he really wanted to reject Fajia, as long as Fajia was still an administrator, it would be difficult for him to do anything in Bombay.

"I wonder, Mr. Administrator, how much cotton do you want me to buy?" Qiao Ge pondered for a moment and said.

As long as it's beneficial, we'll talk about it after getting on the ship, and forget about the rest.

Fajia stretched out a finger.

"10,000 bags?" Qiao Ge blurted out.

If purchased at US$90 per pack, the total would be US$900,000, equivalent to 11.34 million rupees, which is not a small amount of money.

But think about the five people here, 10 million rupees is nothing to them.

After the words were spoken, Qiao Ge noticed that Fajia's hand had not been put down. He immediately realized that he was too conservative. He had already collected 20,000 bags before.

"Ten~~hundred thousand bags?" Qiao Ge said in surprise.

"I now estimate that 100,000 bales should make the other side panic, so that they will join in the panic buying, and then some merchants who want to sell may hold the goods and wait for the price, which is very important for stabilizing the situation. And the process of our purchasing cotton "It must involve transshipment, etc., so we can recruit some dock workers to solve the employment problem," Fajia said.

100,000 bags, 113.4 million rupees, which was beyond Qiaogo’s expectation, but after careful consideration, it was reasonable.

If it were only 10,000 packages, which was only over 10 million rupees, there would be no need for the five people from Gauha to come over.

Qiao Ge understood what Fajia meant by making the other party panic.

On the opposite side, those big cotton players are still lowering their prices, waiting for cotton prices to continue to fall, and then they can purchase goods at a lower cost.

If they find themselves starting to buy a lot of goods, they are likely to join the acquisition frenzy.

Small merchants who want to sell will naturally be able to cash out by then, while some who are not so anxious can just relax and continue to wait.

Because these large merchants have begun to scan goods, it means that shipping should be restored soon.

After all, in the eyes of small merchants, large merchants must have the best information and have sources of information that they cannot get.

"So, Gao Ha and others can lend you 100 million rupees to purchase cotton. In order to stabilize the merchants who ship goods as soon as possible, you have to pay the full amount at once this time. Qiao Ge, do you have the courage?" After Fajia finished speaking, his eyes stared at Qiao Ge.

A 16-year-old boy, I am very optimistic about him.

The main reason is that he can't find anyone else.

It stands to reason that the financial resources of Gaoha and the others can be purchased, but it is obvious that Gaoha and the others will not have a head-on conflict with the opponent.

Besides, Fajia didn't want to completely break up with her opponent.

If he finds someone to buy cotton on a large scale, it will easily anger those guys on the opposite side. They may not follow his wishes and join the rush to buy cotton, but will fight against him.

After all, I ruined their plan to make money, and who knows how much trouble they will cause themselves.

Qiao Ge is different. He happens to be doing business with the Chinese these days.

The external rhetoric can be put like this, that is, the cotton that continues to be purchased still wants to be sold to the Chinese.

As for the Chinese, they will be leaving in a few days, and there is nothing they can do to get confirmation.

In this way, those on the other side will not feel that you are targeting them.

There are customers here, so what’s the problem with Qiao Ge’s massive purchase of cotton?

As for Qiaogo's source of funds, even if they knew it, they couldn't explain anything.

After all, the money lent by Brother Gaoha and the others is calculated with interest.

This 100 million rupee fund has a one-year term and an interest of 10%, which means that Qiaogo will have to repay the principal and interest of 110 million rupees after one year, of which the interest is 10 million rupees.

This interest rate is definitely much higher than that of banks, but it is several percentage points lower than that of private loans. This is because Gaohaga and the others see it for Fajia's sake.

Besides, since Fajia asked Qiao Ge to help, he must strive for some interest on the loan.