Chapter 166 Battle in India

People evaluate the relationship between fairies and India in this way: without fairies, India will have to explore longer in the economic crisis, and it will take more years for economic recovery; without India, fairies will not be able to realize their big strategy of internationalization. From this, we can see the interactive relationship between fairies and India.

It can be said that during the whole economic crisis, the fairy was the only world-class consortium that invested in India on a large scale, and she was also the most favored by the Indian government among the world's major consortia. The fairy made indelible contributions to India's economic revival, and India provided irreplaceable advantages for the development of fairies. Until many years later, Fairy's investment in India was still supported by the preferential policies of the Indian government! This is a rare example of cooperation in the history of the world economy. Fairy is a successful business partner, while India has given enough attention and trust to a commercial company. The two sides have cooperated sincerely and achieved a miracle in the history of the world economy. The fairy can proudly say that they saved India's economy, and India can also deserve that the fairy deserves what she deserves, which is worthy of India's preferential treatment. As for whether it is a fairy or a western star, the Indians regard them as Li's.

Fairy's first investment in India was made in September 36, when the economic crisis was very serious. It received the shares of American Credit held by Hughes in the United States and held 80% of the controlling shares of the company. This capital was a one-time payment, which was also the only one-time investment of the fairy invested in abroad. Purchase of payment. In its subsequent investment and acquisition activities, half and half are paid. Although the delay is not long, most of them are about half a year. The fairy's explanation is that the bank's interest is heavy, because the company no longer has enough reserve funds for the acquisition activities. Since the beginning of 1937, the fairy has carried out her historic gambling activities. In less than three years, she has borrowed a total of 1.14 trillion yuan, all of which are four-year long-term loans. She has made a large number of loans from Deutsche Bank, Bank of China and Industrial and Commercial Bank of China. She has mortgaged all the fairy's companies in the bank. The bank has been in and out at least nine times. According to statistics, in October 39, Fairy Headquarters held a total of nine loan contracts from three banks, which was the largest loan of major companies during the economic crisis!

During the economic crisis, Fairy hit the highest in many industries. First of all, she has the most investment capital, with a total investment of more than 3 trillion yuan, almost the same as the total investment amount of the other nine major conglomerates in the top ten! Secondly, the loan capital is the largest, with a long-term loan of more than 1 trillion yuan, which makes her easily to the top of the industry. Third, she has acquired the largest number of companies, world-class giants in the three major industries of electronics, biotechnology and new materials, and almost all of them have been operated on by her. Fourth, the risk is also the greatest. She regards India, which is almost in a mess and is avoided by major companies around the world, as her treasure. Fifth, it is also unanimously recognized that this economic crisis is an opportunity for fairies, one of the companies that seizes the best opportunities in the industry, and is also the company that has gained the most!

As soon as the fairies made an investment in India, an event happened that caused a headache for all countries in the world. Governments had no choice but to "blow the bill" for the fairies, and the fairies also "dest up to expectations" to stabilize the world economic situation. This kind of battle is also a very rare phenomenon in previous economic crises! While people were turning their attention to Europe for fairy investment, she took a false shot and plunged into India, where big companies fled one after another, and began a lasting "intimate kiss" with the Indian government. Fairy investing in Europe is not eye-catching, but her investment in India has caused widespread controversy. At that time, there was a comment titled "Fairy Crazy", which shows how incomprehen people's investment in India is. Even Indian economic critics think her behavior is a "dangerous gambling game"! Even within the fairy, this investment strategy has also caused a lot of criticism, but all criticism, doubts or suspicions can't stop the fairy's progress. To be precise, it is the persistent belief of Li Mengze, the boss of the fairy legend. He not only wants to invest heavily in the Indian market, but also sends several of his children to India in turn. This determination, this will, even the Indian entrepreneurs are very ashamed of themselves. The fairy went against the trend of the world and rose against the wind, winning convinced all his opponents.

In the face of large international companies that have fled, the Indian government is at a loss. It has issued a lot of various government orders, but it can't resist the toss of the world's major companies. At the beginning of the economic crisis, the book funds of major companies in India have been drawn out one after another. Control measures have begun to be implemented, and at least 40% of the company's financial book funds have fled. In the face of the instructions of the Indian government, major companies have been violating the law, laying off a large number of employees and retaining the vitality of the company's recovery. If it really doesn't work, they will transfer funds in India, and some companies have negotiated restructuring for the purpose of However, it is to put the funds together, which makes some companies have almost no book funds, while the accounts of others are surprisingly large. When the relevant decrees of the government were issued, many workers were forced to be laid off. The Indian government and international companies launched a containment war, which was laborious and thankless. Industrial workers still lost their jobs from large companies one after another, becoming a burden to the Indian government.

For many years, in order to catch up with the world powers, India has not carried out large-scale capital reserves. Under the conditions of the economic crisis, recovery measures cannot be implemented... The global economic crisis has stopped the overall large-scale decline from the second half of the 37, while India has not stopped the decline until the end of the 37 years. This aggravates the belief of major companies in escaping, and no one is optimistic about the Indian market. There is a serious economic crisis. When will India, which is heavily bureaucratic, achieve economic growth and return to the pre-crisis level? How many years will it take? People are not optimistic about the ability and prospects of the Indian government. What's more, if India's economic crisis is over and the country is extremely short of funds, won't it ask everyone to invest? In this world, money is the mother, and no one is a fool. Can't distinguish the importance of this? Governments of all countries are scheming for economic recovery, so let India go to poverty! After everyone is refreshed, isn't India theirs? In the face of the call of the Indian government and the market, major companies have pretended to be deaf and dumb and ignore them at all, but India is not so easy to bully. The world's largest companies will pay the price they deserve!

The Indian government's own financial reserves are limited and the population is large. It is waiting for the government to come for relief. In the prime minister's election held in the autumn of 35 years, no one is willing to take office. The obvious thing is so bad that it can't be done at all... India also knows its own affairs, and she can't compare with her neighbor China. The government of Country Z has strong capital reserves and relatively strong private savings. There are also many world-class companies in China, and they have to carry out the "Far East War" with Japan, South Korea and North Korea. Therefore, international companies are strictly restricted from starting work in China and strongly support domestic companies to produce. The Indian government is self-aknowledged and can't compare with this, so it doesn't restrict the production of international companies! Therefore, the Indian government first authorized the production activities of international companies in the world. As long as you hand over half of the profits to the government, you can produce as much as you want! But two months later, the companies that started construction have quit again. What's the matter? It turns out that India's originally huge market has become extremely small. In addition, the transportation system tends to collapse. The products produced are either not sold or can't be shipped at all. Aren't they looking for death, and there are a lot of them? The industrial production companies are already getting worse. The situation is not good, and the companies have to stop production again. Stop production. The problem is that major companies that have seen through the mystery of the Indian market have started larger-scale layoffs, pushing more workers to the ranks of government relief. According to the figures, the proportion of layoffs by international companies in India is the highest among the world's major markets. This move is tough enough. If it goes on like this, even if India's economic crisis lasts for three or five years, the big companies in India will not lose their vitality. At least they won't lose too much. For this point, the Indian government is full of anger and encourages large international companies to resume production. Domestic companies have complained, and most international companies do not appreciate it. Now there is another cruel move. Isn't it regarded as nothing?

For the large-scale layoffs of a company, other large companies have followed up. At the beginning of 37, that is, before the Chinese Spring Festival, the Indian government issued an Anti-Discrimination Ordinance. This regulation is also quite harsh, at least stimulating the nerves of many large companies and partially restricting their layoff activities. The Indian government stipulates that international companies investing in India will be regarded as "discriminatory" by the Indian government if the proportion of layoffs in India is higher than that of similar companies in Europe, China, Japan and North America. For this practice, the Indian government reserves the right to take further action. As soon as the regulation was announced, it immediately aroused a strong response around the world. Everyone complained and commented against the Indian government's move, believing that the current situation of Indian enterprises was not caused by them and should be the responsibility of the government. Major companies do not want to transfer the companies in their hands, nor do they want to waste money to feed India's industrial workers, but the Indian government does not compromise at all, claiming that if it does not increase the proportion of Indian workers in employment, it will impose severe sanctions on the companies, and the two sides are competing!

In the face of this situation, large companies with different conditions and situations have taken different measures. Large companies in Europe have maintained a "gentleman's demeanor", because their own property loss in Europe is not fatal, and they still maintain a certain illusion for this large market in the East. Therefore, most companies The company met the requirements of the Indian government. Of course, it also quietly laid off employees in Japan, China and other places. But the big companies in the United States and Japan are different. The United States itself has been seriously damaged, and the domestic market is also in urgent need of funds to save. It can't afford funds to "save other people's markets", especially India, a messy and chaotic market, and it can't keep the proportion of Indian employees at the same level as that of European and other markets. The country is not willing to be at the same level, while Japanese companies are even more desperate. Because the whole country wants to attack China, a large number of company accumulated funds have been used on domestic companies, and even the funds of companies in Europe and the United States cannot be allocated, not to mention these industries in India. It is still possible for European and American industries to produce, or can resume production earlier, but India, "God knows what? It's time to stop losing money!" Although U.S. and Japanese enterprises are powerful, they are still at a disadvantage in India and cannot be the opponent of a government!

Some people say that there is a certain basis that the fairy and the Indian government conspired to seize the Indian industry of large companies. When the Indian government is tightening up with the world's largest companies, China's fairy companies abandoned the European market and went straight to India. Of course, its purpose is to acquire and rely on the financial resources to acquire, which has formed another strong force in the Indian market! First of all, the existence of fairies has made the Indian government find a glimmer of light. At least some people are willing to invest in India. In this way, they are not afraid to quarrel with the world's big companies, forcing many large companies to take back some dismissed workers. The excuse is "training employees during the economic crisis" and what to say. In the past, I was "busy with production and didn't have time to train employees' skills", but now I finally have time to "hurry up the training" and sharpen the knife without mistake. This has led to the polarization between those large companies. Of course, the Indian government knows this best. In the eyes, it is happy in the heart, and remembers this great favor.

Secondly, the existence of fairies also gives large Japanese and American companies with many difficulties an opportunity. Unlike their European counterparts, they are focused on getting rid of the burden of India in order to concentrate on the rectification and production of domestic industries, and also take advantage of the current "beneficial situation". It is also worthwhile to strengthen the dominant position in the domestic market, so that we can concentrate on adjusting European industries. In their view, the demand in the domestic market is far greater than that in the Indian market. In terms of the rate of return on capital, it is even more inappropriate to stay in India, and once it is refreshed, the Indian market is not easy to capture. Now some people take over this mess. Although it is a little distressed, it is exactly what everyone needs! Therefore, there are also many companies that have pushed the industry king fairy in their hands. The staff of the fairy stationed in India receive countless "promotion calls" every day, and all kinds of companies have them, which makes the receptionists a little unable to laugh and cry. Naturally, fairies are not good people. They want whatever they come. They pay whatever price the other party makes. Isn't that smashing the signboard of fairies? Fairies have sent a large number of staff. None of these people come to eat for free.

Third, the arrival of fairies has also stimulated a little blood of Indians. The originally serious economic crisis has made a considerable number of people feel desperate. When will such a serious economic situation improve? Economic commentators have expressed their doubts one after another, and even these elites are so uncertain. What's more, those who worry about life all day long! However, the arrival of fairies has at least brought a new breath and new inspiration. No one thinks that fairies come to India for charity. At least the current fairies will not do charity. They must have taken a fancy to some business opportunities in India. Maybe people didn't know who the fairy was before, but now, no one doesn't know. Fairy is a legendary investment company. It can even predict the economic crisis and successfully avoid it. Isn't such a company amazing? Such a magical company has come to India. Doesn't that mean that India has great hope? Of course, large international companies don't think so. Although even Indian economists don't make such an advocacy, there are quite a lot of Indian people who think so! The power of the people is infinite. As long as it really awakens the hearts of India's people, it can definitely have a far-reaching impact on the economic situation. At least the economists unanimously admit that "(India's economic crisis) ended at least a year earlier." During this year, many people gave most of the credit to the magical fairy company. Because they encouraged the hearts of the Indian people, "fairies are well deserved."

No matter how the fairies came to India or what role the fairies played in India, one thing is true, that is, the fairy company, as one of the world's top consortia, "taken" their companies in India from their Japanese and American counterparts, and over the years, These companies have been blocked from the Indian market to a considerable extent! Perhaps, large companies in Japan and the United States should thank the fairies, because it is the fairies that give them the opportunity to get out of the Indian quagmire. However, perhaps, they should hate the fairies more, because it is the fairies that make them determined to get out of the Indian market, in exchange for years that they have not been able to enter the market for many years. The so-called Success is also a fairy, and failure is also a fairy, which has become a topic of debate for many people for a long time! Anyway, one thing is absolute, that is, the fairies who took the opportunity to enter made a lot of profits, and India also got the benefits it wanted from the fairies and achieved win-win cooperation!

The real large-scale entry of fairies into India began in late March 1937, thus beginning the world's rare investment activities of continuous large-scale investment. When fairies enter India, there is one thing that makes Europeans very depressed and very uncomfortable, because the first and second investments of fairies in India are actually borrowed from European banks, that is to say, fairies use the funds of European banks to invest in India, and the beneficiaries are Chinese fairies. This Something happened in Europe during the economic crisis, but it made many people uncomfortable without production. Moreover, it is said that the interest rate of these loans from Deutsche Bank is lower than that of most European companies, and it is said that it is much lower. Do you think European patriots are not depressed? At the same time, Chinese people also feel depressed and angry. As a top world consortium in China, it does not invest in China with unusual economic difficulties. It actually uses the low-interest loans of domestic banks to implement her Indian investment. This is simply a "selling act" and "tolerable, it is unbearable"!