Rebirth of England.

Chapter 804 Avoiding the Trap

Chapter 804 Avoiding the Trap
Earlier this year, United Energy Group took over BP's interests in more than 20 deep-sea oil and gas fields in India.

Due to the impact of the Gulf of Mexico oil spill last year, at the request of the United States, British Petroleum needs to come up with a huge amount of money to solve the local crude oil pollution and compensate for the losses caused.

In order to raise funds, British Petroleum had to sell some of its assets, including their previous cooperation projects with Reliance Group.

At that time, British Petroleum purchased 70% of Reliance Group's shares in more than 20 deep-sea oil and gas fields in India for more than US$30 billion.

In addition, BP has established a joint venture with Reliance Group - BP Reliance Gas, which is responsible for building exploration infrastructure and developing, distributing and selling natural gas products.

At the time, the total value of these agreements was as high as US$200 billion, which was also the largest single amount of foreign direct investment in India's history.

Ultimately, United Energy Group acquired a 20% stake in more than 30 deep-sea oil and gas fields from British Petroleum (BP), as well as their 50% stake in BP Reliance Gas.

Of course, after this, BP Reliance Gas has been renamed UE (United Energy) Reliance Gas.

It can be said that the current cooperation between United Energy Group and Reliance Group involves the entire industrial chain of oil and gas exploration, processing and sales. United Energy Group has also become the most important partner of Reliance Group. The two parties together occupy a considerable share of the Indian energy market.

This is why Mukesh attaches so much importance to Barron, not only because of his status as the Duke of England, but also because the interests of both parties are closely tied together.

In fact, India's automobile market is also developing rapidly. In the future, it will become the world's third largest automobile market after the United States and China.

In Barron's previous life, Land Rover and Jaguar, which now belong to the British Motor Group, were acquired by India's Tata Group.

However, even so, the British Motor Group still has no plans to build a factory in India. They would rather produce cars in China and then import them to India...

This is mainly because India’s relevant policies are really unpredictable.

It can be said that all car companies in the world can see the potential of the Indian market, and many car companies have chosen to build factories in India, including Volkswagen, Hyundai, Toyota, General Motors and other brands have established automobile production plants in India.

But only one or two families can survive here, and most of them are doing badly.

For example, GM later sold its car factory to SAIC, which severely screwed SAIC...

Many car companies came to India to build factories only to find that the car-related policies here are like convulsions, with no sustainability at all. After a while, a new policy is suddenly introduced, which disrupts the long-term plans of some car companies. It is simply too sad to cry.

Knowing these things, Barron would definitely not let the British Automobile Group fall into this trap again.

Therefore, he would never talk about placing British Motor Group's manufacturing strength in India. Moreover, the models of British Motor Group themselves are all mid-to-high-end cars. Even if they are imported cars, the tariffs will be higher, but people will still buy them.

As for the best-selling microcars and small cars in the Indian market (some of which are similar to Geely QQ models), local companies such as Tata Group and Maruti Suzuki already occupy a large market share. This is not the business direction of the British Automobile Group at all.

At most, they can wait until the Chinese joint venture TRW Auto produces economical cars before trying to enter the Indian market.

In fact, although Britain carried out colonial rule in India for nearly 200 years, because India gained independence through the "non-violent non-cooperation" method led by "Mahatma" Gandhi, there is still some "spiritual imprint" of Britain among the Indian elite today.

This is easy to understand, because independence was not achieved through force, so the "colonial liquidation" was not carried out as thoroughly as in many countries. As we all know, Britain's way of ruling the colonies was often to use the local upper class. Therefore, after India's independence, the original "proxy ruling" class was directly transformed into India's ruling class... and because India hopes to "inherit" Britain's political legacy in this region, they have not worked hard to eliminate their own British imprint.

It can be said that many of the preferences of Britain's wealthy class today still retain the ways of the former British rulers - for a long time, Britain was the first choice for Indian elites to study abroad (later the United States surpassed Britain as their first choice, but Britain still occupies a considerable proportion), and their favorite car brands are also mainly British brands.

Brands such as Rolls-Royce, Bentley, Land Rover and Jaguar are still popular among the wealthy class in India.

And like Land Rover and Jaguar, Indian wealthy people also prefer models produced in Britain.

……

"you're awake?"

"Oh, Your Highness, I'm sorry, I overslept..."

The woman had just woken up, and after hearing Barron's words, she immediately stood up and said to him, completely ignoring the fact that she had already exposed her spring light...

It seemed that the movement was too big, which aroused the pain. A look of pain appeared on his face, but he tried his best to hold it back.

"fine……"

Barron waved his hand and said:
"I have the habit of getting up early to exercise. If you still feel uncomfortable, you can get more sleep..."

Barron had just come out of the gym. After he said this, he went straight into the bathroom next door. Then the woman heard the faint sound of running water in the bathroom.

Although the other party had just told her that she could rest for a while, this extremely beautiful woman still endured the pain from time to time after hesitating for a moment, got up, found the clothes scattered on the ground, and started to put them on...

Thinking of the handsome Duke's seemingly never-ending learning last night, the woman's face couldn't help but turn redder.

The place where Barron lives now is no longer the mansion called Antila Building where Mukesh lived when he first arrived here, but a place specially given to him by Mukesh. It is not far from Bollywood and can be said to be one of the most prosperous areas in Mumbai.

This luxurious villa covers a large area and has a garden of more than 1000 square meters. It is quiet in the midst of a bustling city. Although it is not as luxurious as Mukesh's Antila Mansion, it is completely sufficient as a temporary residence for Barron when he occasionally comes here.

Since it was already March, two days ago, Fan Bingbing brought his two children back to China on Barron's Devonshire.

The woman who came to this mansion in Barron last night is named Neha Dalvi. She is less than 23 years old. She has been named the most beautiful student in Indian universities for three consecutive years and is known as the most beautiful model in India.

Barron met her at a dinner party that Mukesh specially held for him. All the men who attended the dinner party were celebrities from all walks of life in Mumbai, and the women who were able to enter there were also carefully selected. They were either well-known models or Bollywood actresses...

Among them, Neha Dalvi can be regarded as the most eye-catching.

(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