Reborn as the richest man in India

"No problem." Maupassant laughed and said, "To be honest with Boss Gupta, as far as I know, many wig factories in France want to be transferred. Ah, don't get me wrong, it's not that this industry is not good, it's that our costs are too high. Gao, many people want to change careers, or move their factories to developing countries abroad. Boss Gupta, you have a vision, I feel that this wig industry has great development prospects..."

Maupassant tried his best to explain that he didn't want to be misunderstood by Qiao Ge. This was 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 because India has ample supply of hair. Although it can be exported, wouldn't it be more profitable if he could process and manufacture wigs himself?

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

And he will also let Gal and the others continue to purchase Hair, which can be regarded as supporting their development on the road. If they want to grow bigger 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 machine for making wigs, which saved him 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, I will never treat them badly in terms of salary, at least 5 times their original salary." Qiao Ge said again.

"Don't worry, I will definitely help you recruit someone. They will definitely be 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.

Qiao Ge wants to introduce some experienced masters. If there are no masters, there will be few people in India who can make wigs, so they should be paid high wages.

As for what happens after you finish your studies~~that’s what happens after you finish your studies.

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

When he returned home, the elder Gupta called Qiaogo over.

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

"Jogo, is this~~ what is said in this newspaper true? You borrowed 200 million rupees to buy 200,000 bales of cotton?" Old Gupta asked tremblingly, holding a copy of the Bombay Daily.

Qiao Ge's heart skipped a beat.

What was supposed to come came.

He knew that he couldn't hide the news, so he just wanted to hide it for one more day.

Before Qiao Ge could answer, there was a 'click' sound behind him, and then another 'bang' sound.

"Madam~~" Aunt Sesi shouted and ran out of the kitchen.

Qiao Ge was also startled. He turned around and saw that the plate of dishes his mother was holding fell to the ground, and the person also fell to the ground unconscious.

Qiao Ge hurriedly ran over and pinched Renzhong. Fortunately, he woke up soon.

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

Qiao Ge thought that he would recover after slowly resting, but in fact the effect seemed to be little.

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

After the examination, there were no major problems. The doctor gave a diagnosis of psychological problems. He probably suffered a huge blow, was restless, and was always anxious.

This state has continued, and it is strange that the body can be well.

Qiao Ge understood that it was the bankruptcy of his family, coupled with the huge mental blow to his mother caused by the old Gupta jumping off the building, which made her easily frightened.

I think I heard myself and Gupta senior mention borrowing 200 million just now. I was so frightened that I suddenly fainted.

The doctor only prescribed some soothing drugs and suggested resting in a quiet environment. There was no other good way.

As for the elder Gupta, after knowing that Qiaogo had borrowed 200 million rupees, he could only sigh. What else could he say?

I have borrowed everything and purchased the cotton. Now I can only hope that the cotton can be sold smoothly.

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

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

Wal-Mart took office a long time ago, and now he is responsible for the company's daily affairs. Qiao Ge instantly felt much more relaxed.

The Suez Canal had returned to normal yesterday, the port was back to busy, and the striking workers had long since dispersed.

The price of cotton instantly returned to US$170 per bale and 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 holding on.

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

In the current situation, even if you go to those acquirers yourself, no one will buy it. Wouldn't you be asking for trouble?

In this case, it is better to stop with stillness.

Anyway, it’s a year, so there’s no rush.

The bank loan came in much faster than Qiaogo expected.

Fortunately, a rupee loan involves foreign exchange, so the approval process will be more troublesome. Qiaogo thought it would take longer, but he didn't expect it to be quite quick.

He thought for a while and roughly figured out the situation.

Last year, the government relaxed import restrictions, and accordingly the restrictions on foreign exchange exchange by foreign trade companies were also relaxed. The amount of foreign exchange exchange increased, the procedures were reduced, and the speed was naturally much faster.

In fact, this was also an important reason why India's economy almost collapsed and had to carry out reform and opening up in 1991.

After the relaxation of import restrictions, the number of imported foreign goods surged, consuming a large amount of foreign exchange. Later, it coincided with the Gulf War and oil prices rose. As a major oil importer, India further consumed foreign exchange.

In the past, many Indians worked in the Gulf countries, and they would remit foreign exchange back to the country. However, due to the turmoil in the Gulf, these people can no longer earn foreign exchange, or the amount of foreign exchange they earn has decreased sharply, making India's foreign exchange problem even worse.

On the eve of the reform and opening up in 1991, India's foreign exchange reserves were only US$1.3 billion, equivalent to two weeks of imports. It can be said that the country was on the verge of bankruptcy.

"It's easy to exchange foreign currency? Isn't it too much to collect some wool?" Qiao Ge thought secretly in his heart.

In the next few years, large companies in India will spend heavily on foreign goods, so there is no reason for me not to participate.

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

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

Qiaogo knows very well that as his assets increase, crises will follow.

Since I have no background or connections, I can easily become the prey of those powerful people, and I will be eaten to the bone by then.

So now we need to be aware of the crisis and prepare for a rainy day.