Reborn as the richest man in India.

Chapter 346: Open a hole

The import of palm oil caused quite a stir. Since Qiaogo was the first to import it, it was naturally favored by major newspapers and media and received many interviews.

Qiao Ge did not refuse this time and accepted many interviews.

Whether you accept an interview or not depends on whether it is beneficial to you.

Qiao Ge would definitely refuse or turn down some boring interviews.

"Mr. Gupta, I wonder where you position yourself in the palm oil market?"

"Of course he is number one in the industry." Qiao Ge replied.

"At present, the edible oil market is dominated by companies such as the Sitharaman family. You may have said that it is very difficult."

"You are talking about the traditional edible oil market, and I am talking about the palm oil market. The two are different. The palm oil market is an emerging industry for India, so I am confident that I can do my best." Qiao Ge laughed. Liao smiled and said, "In order to let everyone know my determination, I can tell you here that I will soon invest in the construction of palm oil refinery plants in China. The number will be no less than ten, and the total investment will be no less than 10 billion. "

Qiao Ge’s words made the reporters marvel.

“Is Mr. Gupta so bullish on the palm oil market?”

"Of course. I want to say that this government is really serving the country and the people. Importing palm oil is a great thing. It is cheap and good."

"But I heard that palm oil is harmful to people's health if eaten."

"Do you have any evidence?"

"Ah? This~~it is said to be researched by foreign countries."

"Eating too much of anything is bad. Is it good to eat too much soybean oil and rapeseed oil? Eating too much oil can lead to obesity and a series of problems." Qiao Ge couldn't help but pause for a moment. "But these should be things that developed countries abroad should consider. Our country is still in the development stage, and the per capita consumption of edible oil is too low. There are still many people who cannot even afford edible oil, so they can only eat less or not at all." . The price of palm oil is lower than other traditional vegetable oils. I believe that this group of people can afford oil. This is a measure taken by the government to benefit the people..."

Qiao Ge naturally wants to praise the government, and I believe some big shots in the government will take advantage of him.

Although this time the policy of liberalizing the import of palm oil is mainly aimed at targeting traditional edible oil forces such as the Sitharaman family, Jogo still wants to give the government an aura of serving the country and the people.

I definitely support the government and have a favorable impression of it.

As a result, the government should be more aggressive in palm oil imports, which is definitely a good thing for itself.

"He still wants to be the boss of the palm oil market?" Rab looked at the latest newspaper, which contained Qogo's questions and answers to the reporters, and the content was clear and detailed.

These words made him very unhappy.

Everyone knows that he is the king of cooking oil in China, and that kid Qiao Ge is nothing?

"Could it be just a cover?" Khas frowned and asked, "He really wants to invest heavily in the palm oil market, why is he so high-profile? This kind of thing has to be done secretly. There are still 10 palm oil plants to be built. The investment in the refinery is no less than 10 billion, huh, that sounds really big."

"Whether it's a cover or not, we have to think that he is serious and really wants to compete with us in the palm oil market and grab a share." Rab said, "Edible oil is our world, and I will not allow anyone to challenge us. status, even if it is just a type of vegetable oil, it must all be in our hands."

"Yes, we must control the entire edible oil market." Khas agreed. "Anyway, we are bound to win the palm oil market. With or without this guy, we will invest heavily."

"Then we can't let that kid steal the show alone. We also have to speak out from the reporters." Raab said, "Didn't he say that he will build 10 new palm oil refinery plants? Then we will say 20~~ No, we will build 30 factories.”

These words made Ke Haas stunned for a moment and said: "That's fine, it's not a big problem if you make a false report."

"No, I am not making a false report. I think palm oil will account for a large proportion of the people's edible oil in the future." Rab said solemnly, "So it is worth investing heavily."

"Huh? Are you really going to build 30 factories?" Khas was a little surprised.

If we go by the scale of Qiaogo's plan, wouldn't the factory construction alone cost 30 billion?

"Of course this is a long-term plan. There is nothing surprising about 30 factories in the future. For now, building a dozen or so factories is enough." Lab said with a smile.

"So that's it, that guy's courage is still a little bit low. He said he would build 10 homes, but I think he probably won't actually plan to implement more than 5 homes," said Kehas.

Everyone is falsely reporting a number, just look at how much water there is.

However, Kehas did not feel that his report was false, because they were really planning to build so many factories, but it just took a little longer.

"Ignore him, we must hurry up on the factory. That guy has taken the lead in importing palm oil, but we must beat him in factory construction. We quickly contact the construction company to start building the factory, and those machines and equipment will go abroad immediately. Order,” Rab said.

He is very decisive in doing things. Now that he has decided, there is nothing to hesitate.

"By the way, you just said you were optimistic about the palm oil market, so what proportion can you see?" Khas asked.

"I think it should be able to reach 20%, or even 25%." Rab immediately replied, saying that he had studied the palm oil market in depth.

"So many?" Kehas said a little surprised.

"There is nothing surprising. After all, palm oil is cheap. Even if we say that eating too much is unhealthy, this shortcoming is not a problem in the face of the price." Rab said, "So in the end, I can account for 25%. Not surprisingly."

"That makes sense." Kehas smiled.

He knew something about the edible oil market, but compared to Labu, he was still an outsider.

Therefore, he did not doubt Rab's speculation. This was an inference given by professionals and was trustworthy.

In fact, in the past life, India was very dependent on palm oil, accounting for nearly half of its edible oil consumption. The amount it needed to import every year could reach 1000 million tons, which is a very scary figure.

Following Jogo, the Sitharaman family held a press conference to explain to the market their investment in the palm oil industry.

For example, the investment in building 30 new palm oil refinery plants will be no less than 30 billion.

This sentence received a lot of attention from major newspapers, and everyone immediately realized that this was completely directed at Qiaogo's previous speech.Next, topics related to the palm oil industry are very hot.

Because companies or forces announce investments from time to time.

For example, the Pandit family, the three major Dutta families, the Vasayan family, etc.

There are others, and the palm oil industry has suddenly become a hot industry.

Many people have begun to spontaneously promote the benefits of palm oil. The core point is only one, and that is high quality and low price.

No matter what else you say, it is not as affordable as the low price.

The selling price of palm oil here in Khogo is 40 rupees per kilogram.

You must know that at this time, a kilogram of soybean oil is more than 60 rupees, and rapeseed oil is more than 70 rupees.

In short, the price of palm oil is very advantageous.

Qiao Ge’s price itself is not high either.

Because his purchase price is US$1100 per ton, which does not include the 12% tariff. In addition, the current depreciation of the rupee exchange rate, 1 US dollar is equal to 14 rupees, so the cost is already more than 17 rupees per kilogram, not counting other expenses.

If you add other transportation, sales, storage, etc., the cost of one kilogram will be at least 25 rupees.

This is because Qiao Ge has a low price. He can use his own company for transportation, sales and storage, and can reduce some costs. Otherwise, it will definitely be less than 25 rupees.

Of course, Qiao Ge will definitely not tell others the purchase cost.

The Sitharaman family did not expect that so many people would invest in the palm oil market and that so many people were optimistic about this emerging industry.

The more people come in, the harder it becomes for them to control the market.

In fact, a large part of the reason why so many people are willing to invest is because of Qiao Ge.

Because Qiao Ge’s previous investments have all made money, and now that he is optimistic about this emerging market, everyone naturally wants a piece of the pie.

Although many people in the organic agriculture industry have lost money, this is due to fraud.

For example, companies that still insist on doing organic farming are not as profitable as Qiaogo's, but they are much more profitable than other traditional vegetable farming companies.

So they decided that as long as they followed Qiaogo's standards, they believed there would still be soup to drink.

As for the deterrent power of the Sitharaman family, of course it does exist.

If Qiao Ge hadn't rushed in, the number of people participating in the investment would have dropped by [-] to [-]%.

In short, Qiao Ge relied on himself to drive everyone to invest enthusiastically.

For Qiaogo, of course, the more people invest, the better. Only in this way can the palm oil market prosper, and more palm oil will be imported into the country.

If more palm oil is imported, the country will receive more tax revenue.

Everyone made money.

It can be said that everyone is happy.

Of course, the most unhappy one should be the Sitharaman family.

Because every more palm oil imported will squeeze out a little more share of traditional edible oil, and their sales of traditional edible oil will definitely be smaller.

Qiao Ge is using the power of everyone to first tear a hole in the traditional edible oil market. The bigger the hole, the better.

After this gap stabilizes, I will find ways to increase my share of it.

That's why he has recently appeared in various newspapers and other media, hoping that more people will join him.

Because their funds alone are still limited, 1200 billion seems like a lot, but for the entire edible oil market, investing in it is not enough.

Now that we can call on others to join, the more the better, which can bring endless trouble to the Sitharaman family.

Rab found that he could not prevent these people from entering, so he no longer thought about it.

Since it cannot be blocked, there is no need to block it.

Everyone has come in. No matter how big the market is, it is limited.

When new things appear, there will always be some people who blindly follow them, thinking they can make money.

But Labu sneered in his heart, not everyone can play in this market.

As long as I am around, I will let them know how cruel this market is.

When the time comes, everyone will fight to see who can persist to the end.

With your strength in the edible oil market, who else can you fear?

Not even that kid Qiao Ge.

(End of this chapter)