Reborn as the richest man in India.

Chapter 67

"No problem." Maupassant laughed and said, "To tell you the truth, Boss Gupta, as far as I know, many wig factories in France want to transfer them, ah, don't get me wrong, it's not that this industry is not good, but that our cost is too high." Gao, many people want to change careers, or move their factories to foreign developing countries. Boss Gupta, you have vision, and I feel that the wig industry has great prospects for development..."

Maupassant tried his best to explain, he didn't want to be misunderstood by Qiao Ge, this is also a business, who would have trouble with money?

Qiao Ge smiled in his heart, of course he knew that the wig industry was good.

He wants to make wigs, in fact, because India has sufficient hair sources. Although it can be exported, if he can process and manufacture wigs himself, wouldn't the profit be higher?

The upper limit of hair trade alone is limited, so increasing the added value of products after making wigs can completely increase the upper limit by ten times or dozens of times, and Qiao Ge has no reason to let it go like this.

And he will let Gal and the others continue to buy hair, which can be regarded as supporting their development on the road. If you want to grow big on the road, a stable source of funds is still very important.

That's what he asked. He didn't expect that Maupassant could actually get a wig-making machine, which saved himself a lot of trouble.

"Mr. Maupassant, if you can, please help me recruit some skilled wig-making masters from your country, and invite them to come to India. Don't worry, they will never be treated badly in terms of salary, at least five times their original salary." Jogo said again.

"Don't worry, I will definitely recruit someone for you, definitely the best." Maupassant readily agreed.

5 times the salary, I believe this salary will attract many people, even if they work abroad and in a backward country like India.

Jogo wants to introduce some experienced masters. If there are no masters, no one in India can make wigs, and high wages should be paid.

As for after the completion of studies~~ that is after the completion of studies.

It is impossible to recruit all the people in the company in one day, Qiao Ge is not in a hurry, and slowly selects suitable candidates.

When he got home, old Gupta called Jogo over.

He can't move yet, but his complexion looks very good, and he will be able to stand up in about a month or two.

"Jogo, is this~~ what the newspaper said is true? You borrowed 2 million rupees to buy 20 bales of cotton?" Old Gupta asked tremblingly while holding a copy of Mumbai Daily.

Jogo's heart skipped a beat.

It's time to come.

He knew that this news would definitely not be concealed, but he just wanted to hide it for one more day.

Before Jogo could answer, there was a 'click' and then a 'bang' from behind him.

"Ma'am~~" Aunt Seth shouted and ran out of the kitchen.

Qiao Ge was also taken aback. When he turned around, he saw that a plate of dishes that his mother was originally carrying fell to the ground, and he fell unconscious on the ground.

Qiao Ge hurried over to pinch him, but fortunately, he woke up soon.

Although her mother recovered after a few days after being discharged from the hospital, her mental state is incomparable to before.

Jogo thought that he would recover after resting slowly, but in fact the effect didn't seem to be great.

Now that this happened again, he immediately took his mother to the hospital.

After the examination, there was no major problem. The diagnosis given by the doctor was a psychological problem, probably because he had suffered a huge blow, was restless, and was in anxiety all the time.

This state has continued, and it's no wonder that my body is in good shape.

Jogo understood that it was the bankruptcy of the family, and the fact that old Gupta jumped off the building caused a huge mental blow to his mother, making her easily frightened.

I should have heard myself and old Gupta mentioning a loan of 2 million just now, and I was frightened, so I fainted all of a sudden.

The doctor only prescribed some calming drugs, and suggested resting in a quiet environment, there is no other good way.

As for the old Gupta, after knowing that Jogo had borrowed 2 million rupees, he could only sigh, what else could he say?
All the loans have been borrowed, and the cotton has also been purchased. Now we can only hope that the cotton can be sold smoothly.

In the next few days, Qiao Ge will come to the company to interview candidates after school every day.

Three days later, the general skeleton of the company was available.

Wal-Mart has already taken up the post, and now he is in charge of the company's daily affairs, and Qiao Ge feels a lot easier in an instant.

The Suez Canal had returned to normal yesterday, the port was busy again, and those workers who were on strike had already dispersed.

The price of cotton returned to 170 US dollars per pack in an instant, and it continued to rise, which made many small merchants who sold it regret it.

But it's normal to have profits and losses in business, and I can only blame myself for not being able to hold on.

Cotton exports have resumed, but Qiao Ge has not moved yet. He is very clear that his every move is now in the eyes of those who are interested.

In the current situation, even if you go to find those buyers yourself, no one will buy it. Isn't it fun to ask for it?

That being the case, then I might as well stop with stillness.

Anyway, one year, there is no rush.

The bank's loan came down, much faster than Jogo expected.

It’s okay to borrow in rupees. A loan of 100 million US dollars involves foreign exchange. It will be more troublesome to approve it. Qiao Ge thought it would take longer, but he didn’t expect it to be quite fast.

He pondered for a while, and probably figured out the situation.

Last year, the government relaxed import restrictions, and correspondingly, the restrictions on foreign exchange exchange for foreign trade companies were also relaxed. The amount of exchange for foreign exchange has increased, and the procedures have been reduced, so the speed is naturally much faster.

In fact, this is also an important reason why India's economy almost collapsed and had to carry out reform and opening up in 91.

After the relaxation of import restrictions, the amount of imported foreign goods skyrocketed, consuming a large amount of foreign exchange, and then coincided with the Gulf War, oil prices rose, and India, as a major oil importer, further consumed foreign exchange.

In the past, many Indians worked in the Gulf countries. They would remit foreign exchange back to the country, but the Gulf was turbulent. These people could no longer earn foreign exchange, or the amount of foreign exchange they earned decreased sharply, which made India's foreign exchange situation worse.

On the eve of the reform and opening up in 91, India's foreign exchange reserves were only 13 billion US dollars, which was equivalent to two weeks of imports. It can be said that the country was on the verge of bankruptcy.

"Is it easy to change foreign exchange? Isn't it too much to squeeze some wool?" Qiao Ge thought to himself.

In the next few years, big Indian companies will buy foreign goods in a big way, so there is no reason for me not to participate.

But he will not really spend dollars to buy various commodities and luxury goods like those companies.

Instead, find a way to transfer the U.S. dollars to the account of the offshore company to be established to save as much as possible.

Jogo is very clear that as his assets increase, crises will follow.

I have no background and nothing to do with it. I can easily become the prey of those powerful and powerful people, and I will be eaten to the bone.

So now we need to have a sense of crisis, and we need to plan ahead.

(End of this chapter)