Chapter 69

Zhao Rui's [-] bales of cotton and hair have already been shipped out, and if nothing unexpected happens, they should be able to receive the final payment in half a month.

Of course, the 3% deposit of the hair has already arrived in the account, but it was transferred directly by the bank, because there was a contract when the loan was made, and the money was 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 director.

Since the hair deal, Senao, Rahudi and Gao Misha almost decided to help Jogo.

Their own factories were handed over to relatives to help them take care of them.

After all, someone like Sen'ao only earns 30 rupees a year, and now Qiao Ge is paying him more than this amount for a year.

Maupassant's $100 million machinery is now installed in garment factories.

The garment factory covers an area of ​​5 acres, almost 2 square meters. It is about 5 kilometers away from the southern suburbs of Navi Mumbai, which is about 5 kilometers closer to the factory in Gudali.

Therefore, the land price is much more expensive.

In addition, the factory building is new, and most of the machines are relatively new, and these prices are not cheap.

After Jogo bought the factory, he backhandedly mortgaged the factory and machinery to the bank. Now the total value of the factory is 1500 million rupees, the original factory machinery, etc. and the sum of 100 million US dollars (1260 million rupees) Maupassant's equipment, and the bank loan is 1600% The total price will be given as a loan, which is [-] million, with a period of one year and early repayment.

Originally, he had more than 100 million rupees left, so the account became another 1700 million rupees.

Speaking of which, Qiao Ge actually has another asset that can be used as collateral, that is, the five factories acquired later, but the total price of the five factories is about 5 million, even if the loan is only more than 250 million, Qiao Ge has not made a mortgage for the time being.

If you are really short of money in the future, it is not too late to mortgage, after all, the land is here and you cannot escape.

On the bank side, it is not that difficult to get a loan for those who have assets as collateral, and Uncle Singer is there to help speak.

In fact, most loans can reach [-]%, but now it is only [-]%, and the risk for banks is even smaller.

Singer happily told Jogo that he should be promoted in a short time.

The former president of the branch, Lindi Das, will be promoted, so the position of president must be replaced by someone.

Originally, the vice president here was in charge, but he was out of luck.

The loan of this garment factory was released through his hands. In order to deal with this garment factory, the bank spent a lot of energy. Although it did not lose money in the end, this incident made him lose points in the eyes of the upper management.

So the benefit fell to Singer.

Of course Jogo was happy for Singer, and of course he was happy too.

The higher Singer climbed, the better for himself, at least the loan from the bank should be smoother.

As the governor, the authority in his hands is much greater, and Singh can completely call the shots for loans below 1000 million rupees.

Sunday, February 2 at 9pm.

Jogo is watching the news on TV while having dinner at home.

"Rajiv Gandhi? Didn't he come to stand up for Pandit and the others?" Jogo whispered in his heart.

The content of the report is about some things that Prime Minister Rajiv has inspected in Maharashtra in the past few days. As the capital of Mumbai, Rajiv will naturally come. It seems that he is in Mumbai today.

Pandit and the others are 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 the loss is not small.

As far as Qiao Ge knew, three gold shops under Pandit's name were sold to Gao Haga at a low price.

Pandit's main business is cotton export, but there are still many other industries in Mumbai, many of which are located in prime locations in the urban area. It is basically impossible for them to sell and transfer them at ordinary times. They do not lack money.

Now it's different, and that's the price they pay.

With the support of Fajia, Gaohaga and the others naturally obtained these benefits.

Pandit was not only suppressed by Faja and others, but also spontaneously protested by many people in Mumbai. Many shops under his name were smashed up, and some were even set on fire and their goods were robbed.

Jogo felt that it was impossible for this matter to continue. If it continued like this, Pandit and the others would definitely not be so silent anymore.

Once they really want to resist, Fajia probably can't bear it, and then both sides will suffer, and it will be no good for anyone.

Some things have to be done in moderation.

So, maybe Rajiv came to Mumbai to support Pandit and the others?
Regarding this point, Qiao Ge can only guess, how, who knows?

He has no sources.

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

Zhao Rui and the others received all the final payment yesterday, and he also typed out the final payment for the purchase of [-] bales of cotton. At the same time, he also paid off the loan from the bank to purchase the garment factory and Maupassant assembly line.

After the repayment, there are more than 70 yuan left, plus my original 1700 million or so, that is 1800 million rupees.

A week ago, Yadela helped him register a company in the tax haven Cayman Islands, named 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 Huaxia. People, and opened an account with HSBC Bank in the UK.

Why HSBC is mainly due to the good relationship between India and the UK.

Although Britain has colonized India for so many years, India does not hate Britain that much. In short, the relationship is complicated and can be regarded as an intimate one.

A few days ago, Jogo used Gupta Foreign Trade Co., Ltd. and Panda Foreign Trade Co., Ltd. to trade, exporting 5 pairs of jeans.

In fact, it is left-handed and right-handed. Although they are all their own companies, the ownership of the goods has been transferred.

Jogo agreed to provide Ivanov with the trousers first, mainly because Ivanov had a ship on the high seas, which he used to do before, and the empty ship came to pull the goods back and gave dollars.

This time, although there were no U.S. dollars, the boat came anyway.

According to the previous agreement between Qiao Ge and him, then he would have to let the ship go back to restock and then come back. It would not be enough to go back and forth for a few months, and it would increase the cost a lot.

Since he chose to trust Ivanov, Jogo 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, it was the first time, and Qiao Ge's belief in Ivanov was still limited, and Ivanov was of course aware of this.

However, if 5 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 that of the jeans in the Soviet Union.

Jogo was also a little surprised by this.

The main reason is that the bankrupt garment factory at that time really produced these jeans with all its heart to ensure the quality. Who would have thought that the customer would go bankrupt first?

It can only be said that they were unlucky.

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

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

In any case, he was taking advantage, especially for the first time, it was not easy for Jogo to trust him so much.

(End of this chapter)

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