Rebirth of England.

Chapter 803 The grand blueprint

Chapter 803 The grand blueprint
The so-called DMIC, or Delhi-Mumbai Industrial Corridor, was proposed in 2006. The detailed plan was first provided to Indian Prime Minister Singh by Japan when he visited Tokyo in December 2006.

This is a plan "tailor-made" for India by Japan, drawing on the experience of their Tokyo-Osaka Industrial Belt - the Tokyo-Osaka Industrial Belt has been successfully operating for more than 30 years, and its contribution accounts for about two-thirds of Japan's GDP.

Delhi is not only the capital of India but also one of its manufacturing centers, while Mumbai is a port city and also the financial center of India.

Therefore, according to the DMIC plan at the time, within five years after the completion of the "Delhi-Mumbai Industrial Corridor", India's employment will increase by 5%, industrial output by 15%, and exports by 28%.

Initially, Japan and India hoped to jointly launch this large-scale and ambitious plan.

According to their blueprint, the Japanese and Indian governments and infrastructure companies will work together to build roads, power stations and ports, while Japanese manufacturers will invest in building new factories.

Among them, 15 iconic companies in Japan's economic sector, such as Mitsui & Co., Honda Motor, Suzuki Motor, NEC, Sony, Hitachi and others, also expressed their willingness to actively participate in this plan.

In addition, if there are Indian companies willing to participate in the infrastructure construction of this project, they can raise funds from the Japanese market.

They estimate that once the Delhi-Mumbai Industrial Corridor is completed, the industrial zones within the corridor are expected to attract US$7 billion in investment within seven years.

Why is Japan so active in making such a huge investment in India? Many of the conditions in this plan can be said to be very generous. It is simply hoping to use its own strength to help India complete its industrial upgrading...

Because this is a long-term investment made by Japan in India - they have tasted the sweetness of their previous investment in China, and China's economic boom has also enabled Japan to obtain a huge market and returns, so they then regard India as another "China".

In fact, not only Japan, but many Western countries also have high hopes for India.

Especially after China rejected the American "G2" proposal...

To put it bluntly, the so-called G2 is nothing more than America's hope that China can serve as a market for their products and provide production of cheap products, that is, a super-large "blood pack".

Since this cannot be achieved, they have set their sights on India, hoping that by investing in India, they can help it grow and fill the role originally reserved for China in G2...

According to the original plan of Japan and India, the first phase of the "Delhi-Mumbai Industrial Corridor" project will be completed in 2012, and the remaining phase will be completed in 2016.

But I like the pragmatic style of China, but I never thought that India's free country is...

The fact is that from the end of 2006 until now, the discussions between the two sides on the "Delhi-Mumbai Industrial Corridor" have remained on paper...

Even now, they probably would not have thought that this ambitious plan would not have completed its first phase until Barron was reborn, let alone its overall completion. It might even become a "project of the century"... And Reliance Group, as India's largest private enterprise, has industries spanning energy, petrochemicals, telecommunications, real estate and infrastructure, retail and textiles. Naturally, they will not be absent from such a large-scale project as the "Delhi-Mumbai Industrial Corridor".

This is also the reason why Mukesh discussed this topic with Baron - after all, before this, many companies controlled by Baron, such as United Energy Group, O2 Telecom, Standard Chartered Merrill Lynch, etc., have cooperated with their Reliance Group. Baron has strong resources and energy in Europe and the United States. Mukesh also hopes that through the cooperation between the two parties, their family can maintain a higher stability.

An interesting situation is that compared with domestic companies, many large private enterprises prefer to cooperate with foreign capital.

The main reason for this is that, on the one hand, local companies have greater power in their own country than foreign companies, and it is easier for them to maintain control over their companies by cooperating with foreign companies.

On the other hand, cooperation with foreign capital is also beneficial to their game with their own government. After all, local companies are at a relative disadvantage compared to the government in many issues. But with the participation of foreign capital, many things will have more room for maneuver...

Just like Barron's cooperation with Reliance Group, what Reliance Group values ​​is the power of the "foreign companies" controlled by Barron overseas in India, and their ability to serve as a barrier between Reliance Group and the Indian government in many cases.

Barron, on the other hand, has allies in India, which can prevent his investment from suffering the fate of being "harvested" by India, as happened to some foreign companies later on. Unless Reliance Group completely abandons India's overseas market and just stays in India, it will inevitably avoid such a thing from happening, not to mention colluding with the Indian government to harm Barron's investment...

Even so, knowing the mess behind India's so-called "Delhi-Mumbai Industrial Corridor" plan, Barron certainly doesn't want to get involved too much...

"This is indeed a grand project, but at present, it will definitely be mainly Japanese companies and local Indian companies. If we get the right opportunity, we will certainly not miss it."

Of course, he would not tell Mukesh his thoughts directly. At this stage, he could use a delaying strategy.

After all, he knew that the plan would not really start until after 2016. India had taught the Japanese a good lesson. Japan had planned a grand blueprint for India, the "Delhi-Mumbai Industrial Corridor". After that, India took the plan and turned around to fool European, American and Chinese companies...

Not to mention, a lot of companies were really fooled into joining the trap. From the experience of some "suckers" later, the final result is "earn money in India and spend it in India, and want to take it home once you leave"...

This also reminded Barron to wait for a chance to talk to Earl Bute, so that he would not let Argent Real Estate Group invest money in this just because of some promises.

"I am very happy that United Energy Group can take over the cooperation project between British Petroleum and us. I believe that with the previous cooperation foundation, the relationship between us will become closer in the future..."

After discussing the Delhi-Mumbai Industrial Corridor, Mukesh brought the topic back to cooperation between the two sides.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like