Reborn as the richest man in India

Chapter 69 The left hand turns to the right hand

Zhao Rui's 20,000 bales of cotton and hair have been shipped out. If not unexpected, they should be able to receive the balance in half a month.

Of course, the 30% deposit for the hair had arrived, but it was directly debited by the bank because there was a contract agreement during the loan that the money would be used to repay the debt.

The garment factory has been acquired and is now renamed Gupta Garment Factory.

The garment factory is headed by Senao Fuda as the factory director.

Since the hair transaction, Sen'ao, Lahudi and Gaomisha have all decided to help Qiao Ge.

Their own factories were handed over to their relatives to help manage them.

After all, someone like Sen'ao only earns 300,000 rupees a year, and now Qiaogo's annual salary is more than this amount.

Maupassant's $1 million worth of machinery and equipment is now installed in the garment factory.

The garment factory covers an area of ​​5 acres, almost 20,000 square meters, and is located about 5 kilometers away from the southern suburbs of Navi Mumbai, which is about 5 kilometers closer than the factory in Gudali.

Therefore, the land price is much higher.

Also, the factory building is new and most of the machines are relatively new, so the prices are not cheap.

After Qiaogo bought the factory, he mortgaged the factory and machinery to the bank. Now the total value of the factory is 15 million rupees of original factory machinery and 1 million US dollars (12.6 million rupees) of Maupassant's equipment. The bank loan is based on 60% The total price will be loaned, which is 16 million, with a term of one year and early repayment.

Originally, he only had more than 1 million rupees left, but as a result, the account became 17 million rupees.

Speaking of which, Qiao Ge actually has another asset that can be used as collateral, which is the five factories he later acquired. However, the total price of the five factories is about 2.5 million, and even if the loan is only more than one million, Qiao Ge has not pledged it for the time being.

If you are really short of money in the future, it's not too late to take out another mortgage. After all, the land is here and you can't escape.

It is not that difficult for banks to get loans for those with assets as collateral, and Uncle Singer is there to help talk.

In fact, most loans can reach 70%, but now it is only 60%, which means the risk is even smaller for banks.

Singer happily told Qiaogo that he should be promoted soon.

The former branch president Limdhi Das will be promoted, so someone will take the position of president.

Originally, the vice president here was appointed, but he was unlucky.

The loan for this clothing factory was issued through his hands. In order to deal with this clothing factory, the bank spent a lot of energy. Although there was no loss in the end, this incident made him lose points in the eyes of the superiors.

So the benefit fell to Singer.

Of course Qiao Ge was happy for Singer, and of course he was happy himself.

The higher Singer climbs, it will also be beneficial to himself. At least the loan from the bank should be smoother.

After becoming the president, the authority in his hands was much greater. Singh could make the final decision on loans of less than 10 million rupees.

February 9, Sunday, 6pm.

Qiao Ge was watching the news on TV while eating dinner at home.

"Rajiv Gandhi? Aren't you here to stand up for Pandit and the others?" Jogo whispered secretly in his heart.

The content of the report is about some things that Prime Minister Rajiv has inspected in Maharashtra these days. As Mumbai is the capital, it is natural that Rajiv will not miss it. It seems that he is in Mumbai today.

Pandit and the others are considered to be from the Congress party led by Rajiv.

It has been more than half a month since Hu Lin and the others left on the 22nd of last month. Pandit and the others are in a bit of a mess and have suffered a lot of losses.

As far as Qiao Ge knew, three gold shops under Pandit's name were sold to Gauhar at low prices. In short, many properties of Pandit's people were taken away by Gauhar.

Pandit's main business is cotton export, but there are still many other industries in Mumbai. Many of the shops are in prime locations in the city. It is basically impossible for them to sell and transfer them. They are not short of money.

But now it's different, and this is the price they pay.

With the support of Fajia, Gauhaga and the others naturally received these benefits.

Pandit and the others were not only suppressed by Fajia and the others, but also spontaneously protested by many people in Mumbai. Many of their shops were smashed, some were even set on fire, and their goods were robbed.

Qiao Ge felt that this matter could not continue. If it continued like this, Pandit and the others would definitely not be so silent anymore.

Once they really want to resist, Fajia will probably be unable to bear it. Then both sides will suffer losses, and it will be a dead end for everyone.

Some things should be done in moderation.

So, maybe Rajiv came to Mumbai to support Pandit and the others?

Qiao Ge can only guess at this point. Who knows?

He has no sources.

In the past half month, Qiao Ge himself has gained a lot.

Zhao Rui and the others all received their final payment yesterday. He also paid out the final payment for the purchase of 20,000 bales of cotton. At the same time, he also paid off the bank loan for the purchase of the clothing factory and Maupassant assembly line.

After repaying it, there are still tens of thousands left. Adding to the original more than 17 million, that is 18 million rupees.

A week ago, Adela helped him register a company in the Cayman Islands, a tax haven, called Panda Foreign Trade Co., Ltd. Of course, the registration was in English. Panda means panda, which means the national treasure panda. After all, the soul is China. People, and opened an account with HSBC Bank in the UK.

Why HSBC? The main reason is that India and the UK have a good relationship.

Although Britain has colonized India for so many years, India does not hate Britain that much. In short, the relationship is complicated and close.

A few days ago, Qiaogo used Gupta Foreign Trade Company and Panda Foreign Trade Co., Ltd. to conduct transactions and export 50,000 pairs of jeans.

In fact, the left hand is the right hand. Although they are both owned by their own company, the ownership of the goods has been transferred.

Qiaogo agreed to provide these pants to Ivanov first, mainly because Ivanov had ships on the high seas. He had always done this before. The empty ships came over to pull the goods back and gave them US dollars.

This time, even though there were no dollars, the ship still came.

If we go by the previous agreement between Qiao Ge and him, then he will have to send the ship back to restock the goods before coming back. This trip of only a few months will not be enough, and it will increase a lot of costs.

Since he chose to believe Ivanov, Qiaogo made this risky decision.

Give him this batch of goods first, wait until he brings the pants back to the Soviet Union, and then bring the goods back from there, and then the price will be settled together.

After all, this is the first time. Qiaogo's trust in Ivanov is still limited, and Ivanov certainly knows this.

However, if 50,000 pairs of jeans are shipped back, the profit may be higher than others, because jeans are very popular in China.

Ivanov has inspected the goods, and I have to say that the quality of Qiaogo's goods is much better than the jeans in the Soviet Union.

Qiao Ge was also a little surprised by this.

The main reason is that the bankrupt clothing factory at that time really produced these jeans with great care and ensured the quality. Who would have thought that the customer would go bankrupt first?

It can only be said that they are unlucky.

Also, the quality of Soviet jeans is really not that good.

So although the number of jeans was a bit different from Ivanov's expectations, he was still quite satisfied.

No matter how you say it, he took advantage, especially for the first time. It was very difficult for Qiao Ge to trust him so much.

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