Reborn as the richest man in India

Qiao Ge already had some ideas in mind on how to deal with future crises.

One way is to find ways to build a good relationship with Bosh and other senior government officials, but I have just started in this area, and it is difficult to achieve much results at once.

After all, this kind of relationship doesn't happen overnight.

Then you have to complete a certain amount of original capital accumulation as quickly as possible, so that others don't react before you are strong enough to prevent them from taking action.

That's why Qiao Ge took the risk to do business with Ivanov. The times and circumstances forced him to do so. He was a child of an ordinary civilian family. He had no power at home and could only rely on himself.

In addition, more people must be tied to their own boat.

This is not too difficult. There is a way to quickly gather a large number of people around you.

That is a labor-intensive industry.

Acquiring a clothing factory and then opening a wig factory will require the recruitment of a large number of workers.

The greater the number of workers, and if the number reaches a certain level, the greater the impact on local stability.

At that time, if someone really wants to touch me, it will be equivalent to touching the jobs of these workers, which may make some people with bad intentions more afraid.

Too many workers may bring some troubles to themselves, but compared to these troubles, Qiao Ge feels that they can become his talismans.

After all, demonstrations in India can be held at any time. The power of the dock workers' strike demonstrations some time ago is evident.

Of course, Qiao Ge is not so naive as to think that he will be fine if he recruits more workers.

If some big shots really want to do something to themselves, they probably won't take care of these workers.

Doing so just makes it a little more difficult for them to target themselves, and that's enough.

In addition, Qiao Ge is also planning.

That is to store as many U.S. dollars as possible. In 1991, when the Indian government only had 1.3 billion U.S. dollars, if you still had some U.S. dollars in hand, even if you only had tens of millions, you could make some kind of transaction with the government in exchange for some political status or Practical benefits.

Therefore, Qiao Ge must prepare for the worst and prepare now. If someone like that really wants to deal with him, he will not be in a hurry.

In short, there are two things he needs to do now.

The first is to engage in industry as much as possible, and it is a labor-intensive industry. Recruit more workers, expand the scale as much as possible, and increase your influence, whether at the government level or among ordinary people.

In fact, this is also the plan Qiaogo had set for himself before, based on the basic necessities of life, food, housing and transportation of the Indian people.

Now that I have dabbled in the aspect of clothing, I can consider the other three aspects.

These industries require a large number of employees and are in line with their own positioning.

On this basis, we will find ways to expand to other industries.

After all, the coveted ports, mining, energy and other industries are still restricted to private enterprises. They need to obtain licenses issued by various governments. With my current conditions, it is impossible to obtain a license, even if I want to enter. no way.

Therefore, it is time to accumulate capital now so that we can make arrangements first after the reform and opening up in the future.

Of course, there are still some private companies involved in these industries, such as the Tata Group and Reliance Group.

These large companies play an important role in India. They have long obtained industry licenses issued by the government and entered related industries.

It's useless to be jealous, this is a manifestation of strength.

In the beginning, people also walked through it step by step.

The second is to slowly accumulate U.S. dollars from now on. By transferring the U.S. dollars to offshore companies during transactions with Ivanov, as long as there are enough U.S. dollars, you don’t have to go to the government yourself. The government will take the initiative to do so. Come to your door.

Because in 1991, when foreign exchange was almost exhausted, the Indian government had to seek help from the International Monetary Fund and accepted harsh conditions before obtaining a US$1.8 billion loan.

This condition requires India to liberalize its economy, which basically means opening its market to the outside world. It will be easier for foreign capital to enter India. The advanced management concepts and high efficiency of international companies have a great impact on local Indian companies.

India was later called the crematorium of foreign companies, and everyone joked, "India makes money, India spends it, and everyone wants to take it home."

The reason why these things happened has a certain causal relationship with India's reform and opening up. In addition to the fact that its own economy will collapse and have to reform, there is also the fact that India feels that it is forced by the International Monetary Fund.

You must know that India still has a strong self-esteem. When it calms down, why not settle the score later?

In addition, the entry of these foreign companies makes it difficult for local companies to resist, won't conflicts arise?

Local companies incited the lower classes to cause trouble, and the government added fuel to the flames. This was to liquidate the humiliation of the year.

Therefore, whether it is Europe, the United States, Korea, Japan, or even Chinese companies such as Xiaomi, they have been subject to various penalties, with funds seized and frozen, etc.

Such as the following example.

Force Amazon to sell the offline mall in which it holds shares to Mukesh Ambani's Reliance Group.

Ford Motor Co. has been losing money in India for years and was forced to announce that it would sell its factory to the Tata Group at a low price and then withdraw from India.

In India, if foreign investors want to sell assets, they need the consent and approval of the Indian government. If you find a transaction partner yourself, the government will not agree. Therefore, you can only sell to the purchaser designated by the government. Isn't this just robbing you without negotiation?

These are large local monopolies colluding with the government to seize the assets of foreign companies at low prices.

In fact, after the Indian painting pie attracted foreign companies to invest in and build factories, it began to issue various targeted laws, which were tailor-made for these companies and prepared to trap foreign investment in the future.

This is not bad, but what is even more bizarre is that the newly introduced laws can be traced back decades.

In 2007, Vodafone, Europe's largest telecom operator, acquired Li Ka-shing's telecom industry in India and registered a company in the Cayman Islands, a tax haven, to avoid the high taxes associated with the transaction.

The Indian government was unhappy and felt that its money had been stolen, so it came to the door and demanded the payment of US$2.6 billion in taxes.

Vodafone refused of course.

In 2012, the lawsuit reached the Supreme Court of India. The Supreme Court reviewed the tax law and stated that there was indeed no such legal provision and ruled that the Indian government lost.

How can the Indian government just give up?

Billions of dollars!

Want the law?

This is not simple. Isn’t it enough to just issue one on the spot?

Vodafone quits. How can the law introduced in 2012 restrict transactions in 2007?

What does the Indian government say does this matter?

I stipulate that this law can be traced back 50 years, that is, it has taken effect in 1962. The transactions in 2007 are naturally within the provisions of the law.

Well, now there is a law to follow, and the Supreme Court ruled against Vodafone.

Then there were various arguments between the two parties, and Vodafone failed to pay taxes, but in the end it ended up withdrawing from the Indian market.

In addition to having US dollars in hand, which will allow him to obtain benefits from the government, Qiao Ge feels that the few pieces of land they own in Gudalli are also good weights.

When the government acquires land to build a new port, it can lower the purchase price and cooperate with the government, so the government must give itself some sweeteners, right?

But won’t these 10 hectares of land be enough?

The more the merrier is really the same as US dollars.

It seems that I have to think of a way and find some excuse to continue to acquire more land there. Then I will be more confident.

At least the Indian government is not as aggressive with its own companies as it is with foreign companies.

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