Reborn as the richest man in India.

Chapter 10 Can Earn Rs 400 Lakhs

Chapter 10 Can Earn Rs 400 Lakhs

"I will make it clear to those people, let them deliver the goods first, and then give them a deposit after your deposit arrives." Bosh couldn't help explaining when he saw Jogo was puzzled.

It's not good for me to let the bank loan so much, but I still have the right to ask the nearby cotton operators to provide cotton first. If anyone is unwilling, he has plenty of means to deal with them in the future.

Besides, these guys have a backlog of cotton, and now that I have found a way for them to get their money back, I have to be grateful to myself.

"Your Excellency, what is the purchase price?" Qiao Ge asked in a low voice.

"I don't quite understand this. You talk to them, but you don't have to let go to lower the price. I believe they don't dare to bargain now." Bosh said loudly. After saying this, I felt something was wrong. Hu Lin and the others were still there, "Counselor Hu, it's not easy for you to lower the price. It's not easy for young people to start a company for the first time."

"Of course." Hu Lin said with a smile, "We will base it on the market price. Right now, the export price of cotton continues to fall, but we finalized this deal with Qiao Ge three days ago, so there will be no change in the price."

After speaking, he explained to Zhao Rui and the others. Zhao Rui and the others didn't have much of an opinion. After all, they came with the purpose of making good friends with India. Appropriate concessions are acceptable, and even at this price, for them Still relatively favorable.

Jogo’s mood was really ups and downs, 30 packs, all of which were collected by himself, even if he earned 30 dollars per pack, it would be 378 dollars, which is equivalent to nearly [-] million rupees, and his father’s debts can be paid off in one lump sum. .

In fact, I can lower the purchase price, which means that I can earn at least 400 million rupees or more.

He quickly recovered his senses and said to Singh, "Uncle Singh, I want to borrow 30 rupees from the bank."

"What are you doing?" Singer was also calculating how much Qiao Ge could earn this time. After getting a rough estimate, he was so shocked that he couldn't get any further. Before he recovered, Qiao Ge actually said that he wanted a loan.

Because Bosh's words have already solved the problem of his shortage of funds, it is completely empty-handed, and the profit will be made as soon as he changes hands.

"I also need to buy more hair, which involves transportation, warehouse rental, and various expenses." Jogo said, "The 30 rupees in my hand are not enough."

Singer was speechless for a while, isn't there enough big business in cotton?

Still thinking about hair, how much can you earn?

Bosh was a little curious about his hair, so he couldn't help asking.

Qiao Ge did not hide it, and told him about the exit. Of course, he did not mention the price.

"Regarding those temples, it's not easy for me to come forward directly. Well, I will send someone to talk to those temples and ask them to sell you all the hair in stock. I believe they are also eager to clear the stock. As for the deposit, I will ask someone to discuss with them, it doesn’t need to be as much as 30%, and if you lower it appropriately, you can buy more, which is good for everyone.” Bosh thought for a while.

Originally, he also wanted to use the cotton routine, let Qiao Ge get the goods directly for free first, and pay after the deposit from the Chinese people arrives.

It's just about temples and religion. Even if he is the director of the city government office, he has to be cautious, and it's not easy to use force.

"There is still a problem of insufficient funds, which is easy to solve. Singh, you can give Qiaogo a loan of 50 rupees. You can go and tell Das that for my sake, you can lend the loan. Why, can't you?" Bosh said again Said to Singer.

Lindi Das is the president of Singer's branch.

"Okay, no problem." Singer immediately responded loudly, patting his chest, "I'll do it right away."

The loan of 500 million just now was a little too much, and it was impossible for him to agree, not even the president.

However, if it is 50 rupees, Bosh's face is still barely enough.

Besides, Qiao Ge has now won a large export order of [-] bales of cotton, and the risk on the bank's side is very small. I believe the president will give Bosh a face.

Jogo was pleasantly surprised, of course he didn't think the money was too much, so he could collect more hair.

Even Uncle Singh doesn't know the profit of the hair trade, how can this opportunity be missed?
Especially because of the blockage of the canal, the hair accumulated in the temple for nearly two months. Otherwise, they usually buy it once a week.

There will be no such good things in the future.

A ton of hair is 1 rupees, and according to the 30% deposit, it is 3000 rupees.

Jogo's original 30 rupees was actually enough to buy 100 tons of hair.

But he still wants to have some more rupees in his hand, which can be borrowed from the bank, why not borrow it?

After all, you have to spend money in other places. For example, if you go to buy hair from the private sector by yourself, it is impossible to pay a deposit first, and it must be the full amount.

Moreover, the interest on direct loans from banks is the lowest. In the past, only big companies had the opportunity to get loans, and he had no chance at all, so it was a good deal no matter what.

"Boss Huang, if I buy more than 30 tons of hair, do you want more?" Qiao Ge asked.

Jogo didn't like the 30-ton upper limit they said before.

I believe that with Bosh coming forward, the problem that I was worried that those temples might not trade with me is probably gone. At least I can guarantee that most of the temple's hair can be purchased by myself.

Huang Delou couldn't help laughing, this kid even provoked himself.

30 tons of hair, calculated at 5 US dollars per kilogram, that is 15 US dollars.

I buy and sell cotton here, and I do business for several million dollars, and I am still short of hundreds of thousands of dollars?
"Then if it's less than 100 tons, I'll take it all." Huang Delou said with a smile, "I don't think you can get that much hair in seven days, ten tons are worth it."

100 tons is 50 U.S. dollars, and it is not a big problem for the three of them to share it. After all, only 170 bales of cotton cost [-] million U.S. dollars.

"If there is no problem, then sign the contract, and sign the trade contract for the hair." Bosh laughed.

The problem of food for the port workers has to be solved. As long as there are goods to be exported, they have to find people to work. I believe it will help to appease these workers.

Qiao Ge and Huang Delou discussed it again, and the hair contract would take a few more days to sign. After all, Qiao Ge had to receive the goods first, and then they could estimate the payment based on the hair grade and quantity.

In this regard, Bosh did not insist on signing the contract. He could see that the Chinese should still be credible, and the hair trade should be no problem.

The cotton contract was signed on the spot. For this reason, Hu Lin called the embassy in New Delhi through the hotel phone. After explaining the situation, he asked them to contact the relevant person in charge of Zhao Rui and the others in China, and asked them to give Qiao Ge's Gupta Foreign Trade Co., Ltd. Make payment.

The hotel cannot make long distance calls directly, and Hu Lin has to report this matter to the embassy, ​​which is considered a happy event.

An hour later, the embassy replied, saying that the deposit of US$51 was sent through Zhao Rui and his company in Hong Kong. Although it was urgent, it would take at least three days to arrive.

Since China's current foreign exchange system is a dual-track system with stricter foreign exchange control, many Chinese businessmen have set up companies in Hong Kong in order to better retain foreign exchange. Through Hong Kong companies and foreign trade, foreign exchange funds can be kept in Hong Kong company accounts on, convenient to receive and pay.

This is an offshore company.

It was done. This business far exceeded Qiao Ge's expectations. He even handed over [-] packages to himself for stocking. Now he was really relieved and waited for the money to arrive in the account.

(End of this chapter)

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