Reborn as the richest man in India.

Chapter 1 Debt Not only does not pay back the money, but also wants to borrow another 20

On the morning of January 1986, 1, Fraser International School, Mumbai, India.

"Mr. Gupta, are you ready for next semester's tuition? In a few days, are you going to move to Dharavi? That's too bad, Dharavi is the biggest slum in Mumbai, our Mr. Gupta Can you get used to it?" A short, chubby boy looked like he needed a beating.

The teenagers beside him laughed loudly.

Standing in front of them was a thin young man with a pale face and an appearance of not being in a good state of mind.

"You don't have to worry about it." After finishing speaking, Jorgo Gupta ignored Fatty and his party, turned and walked towards the school gate.

"If you don't have rupees, you can borrow them from me. I'm very generous, so I'll see you after the holidays. I hope to see you again, haha~~"

In the mocking laughter behind him, Jogo walked out of the school gate.

"Oh, time travel is time travel, but the situation is not very good." Qiao Ge secretly sighed in his heart.

He was originally a post-95 youth in China. He grew up in an orphanage, and later went to university with the support of kind people. After leaving the society, he became a white-collar worker, that is, a white-collar worker with a salary, basically no monthly balance.

On a certain day in April 2023, Qiao Ge looked at a piece of outdated breaking news on the Internet: Gautam Adani, the second richest man in the world, the richest man in Asia, and the richest man in India, received a short sale from Wall Street in January this year. According to the report, 4 billion US dollars of wealth evaporated within 1 days.

Adani, who belongs to the lowest class of untouchables in India, has a life of cheating.

At the beginning of February 2022, Adani surpassed Mukesh Ambani, the richest man in India for 2 consecutive times.

Who is Mukesh Ambani?
He is a spoiled wife madman and the boss of India's Reliance Industries Group.

For his wife, he picked a piece of Fengshui treasure land in the center of Mumbai and spent 10 billion US dollars to build a magnificent palace. The total floor area of ​​the whole building reached 11 square meters, surpassing the famous French Palace of Versailles.

To this end, 600 servants were hired, who will be responsible for taking care of the food and living of the Ambani family of six.

Speaking of Adani, he became the fourth in the world in July, the third in the world in August, surpassed Amazon President Bezos in September, and became the second in the world with a worth of 7 billion US dollars.

In April 2020, Adani's total assets were only US$4 billion. At the beginning of 89, it had reached US$2022 billion, an almost tenfold increase in less than two years.

From the beginning of 2022 to September of that year, there will be a sharp increase of 612 billion in less than nine months, which is equivalent to an increase of 2.35 million US dollars per day.

……

"Even if it falls to 1000 billion U.S. dollars, there are still thousands of small targets of wealth." Qiao Ge sighed, "Is it so easy to make money in India? China is too big, if only I were in India~~"

Then Jhogo lost consciousness.

When he woke up last night, he found that he had crossed over to the 16-year-old Indian teenager Jogo Gupta.

Jorgo Gupta was originally a child of a middle-class wealthier family, and it can be said that he has no worries about food and clothing.

From the fact that he was studying in an international school, it can be seen that the annual tuition fee plus other miscellaneous expenses is at least 3 rupees.

However, public schools hardly charge much, and a semester of about tens of rupees is enough.

With such a huge price gap, you can imagine the gap in teaching quality and environment.

Qiao Ge is now in the 11th grade, according to the Chinese side, he should be in the first year of high school.

Here I want to talk about the education system in India. Generally, primary school starts at the age of 6, 8 years of primary school, 1-5 years are the low-level primary school stage, 6-8 is the advanced primary school stage, followed by two years of junior high school, two years of high school, and then there is I have been in college for three years.

Fraser International School is not the top private school in Mumbai, it is considered middle-of-the-road, and even the top Chogo parents can't afford it.

The top private international school, equestrian and golf are standard equipment for boys, piano and ballet are standard equipment for girls, not to mention the others, completely in line with Western noble schools.

Jogo's father is a small private entrepreneur. To be precise, he is the owner of several small workshops. He mainly deals in cotton textiles, such as cotton cloth. In recent years, his annual income is about 10 rupees.

In 1986, the average monthly salary of employees in China seemed to be about 106 yuan, a little more than 3 yuan a day.

At this time, the USD/RMB ratio is about 1:3.45, that is, 1 USD can be exchanged for 3.45 RMB.

Of course, this is the official exchange rate. In fact, the exchange rate in China at this time is a dual-track system. If some people go to the black market to exchange privately, 1 US dollar can be exchanged for more than a dozen yuan.

In India, 1 US dollar can be exchanged for 12.6 rupees.

According to the official exchange rate, 1 RMB is equivalent to 3.65 rupees. (Before the Indian reform in 91, the exchange rate was almost like this. For easy calculation, you can think of it as 1 RMB exchanged for 4 rupees. In 2023, 1 RMB can be exchanged for 12 rupees, and the rupee has been depreciating...)
Therefore, if converted into RMB, the annual income of Qiao Ge’s family is 25000 RMB, which is almost 20 times that of China’s annual per capita income. Let alone the 80s, even in the early 90s in China, households with [-] yuan were a minority.

At this time, India’s per capita GDP was higher than China’s. Unfortunately, the disparity between the rich and the poor in India is too great. The rich are too rich and the poor are too poor. Most Indians are still poorer than the Chinese, and the poor are the majority after all.

For example, the poor in those slums starve to death every day, struggling on the verge of life and death.

But the income of the Qiaogo family can only be regarded as the middle class in Mumbai, India, a metropolis where rich people gather and rich people everywhere. Compared with the real rich people in India, it is not worth mentioning.

Jogo's father, Dingwa Gupta, is from Gujarat.

Gujarat was later called the Indian version of Guangdong, and its economy ranks among the best among Indian states.

"My countryman." Jogo sighed in his heart.

I lamented that I was a fellow countryman with Gautam Adani (a state in India is equivalent to a province in China), and even a fellow countryman with the later Indian Prime Minister Modi.

Thinking of this, Jogo couldn't help remembering to look at the history of Adani's fortune.

The big explosion behind this guy has a lot to do with Modi.

Modi met Adani when he was still working in Gujarat.

One of the key points of Adani's fortune is the contracting of Mundra Port, the port of Gujarat. During Modi's tenure as the chief minister of Gujarat (the state's top leader), he acquired the port at a very low price and carried out private ownership. later became the largest private port in India.

If you want to contract a country's ports, it's impossible to have no wrists and political and business connections behind it.

There are various indications that this has something to do with Modi.

When Modi became prime minister, Adani also contributed, including money, publicity and so on.

It can be said that Adani's political investment is very accurate. If you bet on the great god Modi, you can't do it if you don't want to be prosperous.

It is precisely because of this that collusion between officials and businessmen is one of the most important items in Wall Street's short-selling report on Adani Group.

This is really hard to argue with.

In 2018, the Indian government approved the privatization of six airports including Mumbai and Ahmedabad, and relaxed the rules to expand the scope of competition, allowing companies without any experience in operating airports to participate in the bidding, so Ada, who has no operating experience, The Nigerian Group was able to join the bidding. Later, all six airports were won by the Adani Group. Isn't it ugly?
The rules were changed specifically for the Adani Group. Who made Adani have a close relationship with the then Indian Prime Minister Modi?
Naked food alone, profit transfer, that is, no soup for others to drink.

Adani's way of making a fortune is not universal, and it is difficult for others to imitate.

Jogo knew that Modi would become the prime minister in the future, so he couldn’t run over to find Modi right now, and drag Daxian to call his eldest brother, let’s make a vow...

Moreover, the old fairy Modi at this time was not a high-ranking official, and his power was not that great.

However, the development of Adani's other industries has given Jogo a lot of inspiration. If he has the opportunity to follow his path, it is best to be one step ahead of him, and maybe he can get a lot of returns.

China’s reform and opening up failed to catch up in the previous life, and the Indian version of reform and opening up is about to begin. Gupta is going to fight with the courage of breaking the boat.

Why do you think so?
Because his father went bankrupt and still owed a lot of debts outside.

His father has been in Mumbai for more than 20 years. He started to pick up rubbish in the slums of Dharavi. He worked hard and gradually became a small boss in the cotton textile industry. He bought a house in the center of Mumbai and sent his son to an international school. Successful people.

In order to earn more money, Old Gupta opened a foreign trade company half a year ago to export the cotton textiles produced by several workshops under his name.

At the beginning, the business was very smooth, with a lot of orders. Although the payment was not very large, the payment could be collected in time. For a while, old Gupta was a little high-spirited.

In the past, he sold the cotton textiles he produced to foreign trade companies. Now that he does it himself, he realizes how profitable foreign trade is, which is several times higher than before.

Three months ago, a big order came, worth several million rupees.

You must know that the biggest list of old Gupta before was 20 rupees.

For this reason, old Gupta was very motivated, and he did not hesitate to borrow a lot of money from the bank to purchase cotton textiles from other manufacturers. The goods from his workshops alone were not enough.

Because it is an old customer, the payment was very timely before, and the old Gupta trusted him very much.

But this time, he was deceived.

The other party said that the capital is temporarily not working well, not to mention the deposit payment. After delivery, he hopes to pick up the goods first and then pay the final payment. Old Gupta agreed with a soft heart.

When the goods are taken away, the final payment is gone.

This kind of foreign trade scam is very common, and I believe that many people who were engaged in foreign trade in China in their previous lives were also deceived.

Old Gupta lost his savings of more than 20 years, and owed nearly one million rupees to the bank, which is really unaffordable.

In desperation, the old Gupta jumped off the building the day before yesterday, but he jumped from the third floor. He survived with multiple fractures all over his body and is now lying in the hospital.

Qiao Ge's mother was stimulated and couldn't bear it, so she was also admitted to the hospital.

Since Jogo lived on campus, he only found out about this last night.

Hearing the bad news suddenly, the original Qiao Ge fell down and hit his head in a trance, and then became the current Qiao Ge.

Primary and secondary school students in India are divided into three semesters every year, the first semester is from April to May, the second semester is from July to September, and the third semester is from October to March of the second year.The first semester is interspersed with summer vacation, the second semester is interspersed with the Indian traditional 'Diwali' (equivalent to Chinese New Year) holiday, and the third semester is interspersed with winter vacation.

The winter vacation starts tomorrow, and there are ten days of vacation.

To make money to pay off the debt, this is the first thing Jogo has to do now.

Jogo didn't want to lose his place to live when he crossed over by himself.

If everything is gone, he and his parents will probably have to go to the slums to settle down.

Thinking about the description of the slums in India in his previous life, Jogo shuddered a little. Is that a place for people to stay?
This is not the life he wants.

Now that you are in India, let's live a good life.

Temporarily encountered difficulties, but opportunities are also great.

After all, the Indian version of reform and opening up is imminent. In 91, India liberalized energy, electricity, mining, ports and other industries and allowed private operations.

This has created countless large monopoly companies in India.

This does not exist in China. After all, these are related to the foundation of the country, and are generally operated by state-owned enterprises, and it is difficult for private individuals to intervene.

In India, these industries are filled with large private monopolies.

Once you have control over energy, electricity and other resources, you can count your money while lying down.

Because you don't need to consume, but you can't avoid using food, clothing, housing and transportation, such as electricity and water, right?

To benefit from the wave of reforms, Jogo felt that he needed to accumulate some capital.

If it wasn't for his father being cheated, and the family is considered to have a small amount of property, it would have been much smoother.

Unfortunately, it didn't start so well.

Jogo's home is in a wealthy residential area one kilometer away from the school. He did not go home directly this time, but walked towards the State Bank of India (India's largest bank) in the northern central district of Mumbai.

Old Gupta got the loan from here, and he decided to try it out to see if he could ask the other party for a few days.

After merging the memory of the original body owner last night, Jogo thought about it all night, no matter what, he had to buy some time.

All kinds of tuk-tuks, rickshaws, horse-drawn carriages, and occasionally cars produced by Tata Company come and go on the road, as well as divine cows walking slowly on the road.

Because the bull was blocking the way, the cars could only honk their horns desperately or yell loudly, coupled with the pedestrians shuttling on the road, there was a chaotic and noisy sound.

Not far away, a group of people held signs, pulled banners, and marched while shouting slogans.

From the memory of the original owner, Jogo knew what was going on. It was the third day that the workers at the port were on strike.

It is said that the goods at the port are piled up and the shipment volume is very small, which has affected the work of many people.

These workers usually load and unload goods at the wharf. Now that the port wharf has less shipments, fewer workers are hired. Therefore, they marched to ask the government to solve the food problem.

Jogo didn't pay much attention to it. Indian strikes are a common occurrence, so there is nothing strange about it. He bypassed the group of people and continued walking towards the branch.

Kuna Singh, the branch credit manager, was good friends with old Gupta.

Jogo came here to look for him.

"Jogo, I have something to go to the president's side. You can wait in my office first." Singer just came out of the office, and walked towards the president's office after speaking.

Djogo walked into the office led by an employee and sat down on a chair.

Could it be said that his destiny to travel through time is to go to the slums?

Or is God trying to make himself rise from the slums?

Let yourself go the old Gupta way again?

In Singer's office, Djogo inevitably had a lot of thoughts.

Thinking about how to seize opportunities in the wave of reform and opening up in India.

There was no one else in the office, and a white landline telephone was placed on a desk.

In this day and age, like China, only a few wealthy people and government departments in India can afford landline phones, which are very expensive.

If there is an emergency, ordinary people can only go to the post office and the like to pay for public phones.

Besides the telephone, there was a radio on the table, which was broadcasting the local Mumbai news.

"At 10 o'clock this morning, the administrator, His Excellency Tedley Faga, received the Chinese business delegation at the city government residence. It is a pity that China has not yet been able to find a trading partner..."

The supreme leader in power in Mumbai is called an administrator, and the mayor, like the president and state governor, is a mascot without actual power.

Just like in India, the supreme leader in power is the prime minister, and the supreme leader in power in each state is the chief minister.

Hearing this, Jogo's eyes lit up, and then fell into deep thought.

About ten minutes later, Singer came back with a small black bag in his hand.

Singh is about the same age as old Gupta, in his early forties. His head is wrapped in layers of blue cloth, forming a head bag like a 'big millstone'.

In India, this is a prominent sign that the person is a Sikh.

Sikhs pursue equality and do not speak of caste.

However, in India, the Sikhs are basically classified as the second-class Kshatriyas and belong to the high caste.

Indian castes are divided into four classes, from high to low, Brahmins, Kshatriyas, Vaisyas, Sudras. In fact, there is a fifth class of Dalits who are not worthy of status, that is, untouchables.

Jogo is the third class of Vaishya, which is actually considered a low caste.

He doesn't know much about India. Like most people in China, he doesn't usually pay attention to India. Most of what he knows is Indian assam, curry, Bollywood movies, and beautiful female stars.

The Indian movies introduced in recent years have a good reputation and are indeed very exciting, so Jogo likes watching Indian movies.

If I really want to say that I know about India, I basically know it passively from movies and some news on the Internet.

The Sikhs are martial and united, and they are the most combative nation in the Indian army. Moreover, the Sikhs have a very high proportion of officers and soldiers in the Indian army, and they have great influence in the army.

Sikh men have the word 'Singh', which means 'lion'; women have the word 'Cauer', which means 'princess'.

Generally speaking, castes have their own social circles, and it is relatively rare to have a deep friendship between castes. The fact that Old Gupta and Singh can become friends actually proves that Old Gupta has a good character. Singer's endorsement.

Of course, as far as ordinary people are concerned, the original Jogo family was fairly wealthy.

Without money, you are nothing.

"One month's grace? You can pay off the loan in one month?" After listening to Jogo's words, Singer put the bag on the table and turned down the volume of the radio. "Jogo, do you know that according to the agreement, After 3 days, the bank can seize your house."

"Uncle Singh, the house is worth about 50 rupees now. Even if it is given to the bank, it is still less than 50 rupees." Jogo said, "You can't scrape 50 rupees from someone who is going to move into a slum Right? As long as you give me a grace period of one month, and don’t dare to say that you will repay all the loan, how can you repay ~~50 rupees first.”

The house was bought by Old Gupta in 1975. At that time, the total price was 10 rupees. The area of ​​the apartment was 120 square meters.

Ten years have passed, and house prices have risen a lot.

It is amazing to be able to buy a house in Mumbai after working hard from the slums, although it is impossible to buy luxury houses and big villas like those rich people.

Singer didn't answer Qiao Ge's words immediately, but sighed: "I reminded your father when he took out the loan, but he was so hot-headed at that time that he wanted to make a lot of money, so he didn't listen. More than ten My friend from years ago, I don't want to see him fall to this point, is he okay?"

"Fortunately, my life was saved."

"Speaking of the loan, you can repay 50 rupees a month. Where do you have the confidence? What are you going to do?" Singer was still a little curious about Jogo's words just now.

"I would like to ask Uncle Singer one more favor."

"Oh, tell me." Singer signaled Jogo to continue.

Qiao Ge thought about the next rhetoric again in his mind. Uncle Singh had a good relationship with his father. He hoped to make a breakthrough from him, and he could only find hope from him.

If the other party is willing to talk to me, this is an opportunity and must be seized.

"I want to borrow 20 rupees." Jogo took a deep breath and said.

"Am I right?"

"No, it's 20 rupees."

"Jogo, do you know what you're talking about? Your father didn't pay back the debt, and you want to borrow another 20 rupees?" Singer was amused by Jogo's words, and he didn't know what the kid was thinking.

(End of this chapter)