Mukesh had already comprehended the magic of Shakru's prediction technique many times, so he pondered for a moment and said: "Okay, then I'll give our future Prime Minister a face, and go to this golden trade style to cheer up!" ”

On December 8th, when the trade fair officially began, the personal presence of Shakru and Mukesh attracted great attention from the organizers and all the Indian media present, because although the organizers of this trade fair attach great importance to it, the Indian companies are basically representatives, only the two of them are present in person, and they are both absolute heavyweights. Because among Indian pharmaceutical companies, his Will Gang is the only patented drug with a global reputation, and other pharmaceutical companies basically produce generic drugs. Pen & Fun & Pavilion www.biquge.info (India's compulsory patents are convenient for the production of generic drugs, but at the same time, they also stifle the development of Indian patented drugs. But then again, if we all pursue the doctrine of take-it-or-leave-it, then where do the new drugs come from? This is a bit like the current genuine piracy controversy in the online literature industry, everyone looks at piracy, so who writes the genuine version? ）

Of course, the two of them just came to show up and cheer, and did not sign any contract, but this is already very face-saving for the organizers, and even Mr. Singh, the organizer behind the scenes, specially invited the two to have a chance to have dinner together, and the two of them came for this, so they naturally agreed.

Although the two did not sign any contract, but the organizer's attention and welcome to them naturally attracted the attention of Chinese enterprises, after inquiry, it was learned that this is the two gods of Indian enterprises, so all the Chinese companies interested in the development of India, have begun to study how to get in touch with them, after some investigation, they found that although it is difficult to get in touch with Mukesh, but Shakru here should have a great chance, because he has too many Chinese elementsNot only does it have two branches in China, but it is also proficient in Chinese culture and language.

So a week later, Shakru received a call from Mayor Qin, saying that two of his friends in the business world were coming to visit him and ask for some things.

The two people who came to visit Shakru were both surnamed Wang, about forty years old, both of them were Cantonese, and they also came to participate in the golden trade wind event this time. ”

"No problem, Mayor Qin's friend is my friend, if you don't understand anything, just ask." Shakru said very generously, and then changed the conversation, and said: "But to be honest, the investment environment here in India is really different from other places, so if you want to invest here, you really have to be prepared." ”

"Mr. Pandit, I heard that South Korea's POSCO cancelled its long-planned plan to build a factory in your country half a year ago, and it is said that it was due to some off-site factors, is that so?" Lao Wang asked cautiously.

Shakru pondered for a moment, then replied, "To be honest, as an Indian, I shouldn't speak ill of my country, but some problems are indeed plain facts, so there is no need to hide from medical treatment."

India's current investment environment has many problems, such as poor infrastructure, slow construction, especially the instability of power supply, which is a very headache. However, this is not the most troublesome thing, the government approvals are extremely cumbersome and inefficient, and it can take years or even more than a decade for a foreign investment to be approved and finally implemented.

The most obvious example of this is the case of POSCO, which wanted to build a steel plant, but the land acquisition alone dragged on for several years, and POSCO could not afford to delay the construction of the plant, so it had to cancel the plant.

There is also a company in Australia that contracted a road project, and finally it was tortured by the approval and was about to collapse, because he had to register the project office in India after getting the project, and he could only open a bank account after he had an entity. Because if you don't have a bank account, the Indian owner can't make any advance payment or project payment to you, but the procedures for applying for the project office need to go for two years or even longer, so that within two years, all your expenses in India, whether it is your own operating costs or the design and construction costs subcontracted to Indian suppliers, will have to be paid by the parent company, which brings huge cash flow pressure and financial risks to the parent company.

Of course, now that Mr. Singh is organizing this trade fair, it should be better in terms of approval. ”

Hearing Shaklu's answer, Lao Wang and Xiao Wang glanced at each other, and felt that this Mr. Pandit was really a rare real person, and his answer to POSCO was similar to the results of his own investigation, so he began to ask the question he really wanted to ask: "Then Mr. Pandeit, which industry do you think is better to invest in India now?" Which of the two is better, the import and export of power equipment and raw materials? ”

"Don't make power equipment, or don't meddle in all electricity-related industries in India, it's not that the government doesn't allow it, the main thing is that it doesn't make money, and it may even kill you.

At present, India's infrastructure industry is very unhealthy, because India's current system has led to products and services related to people's livelihood are too cheap, so that the entire supply chain of these industries does not have much profit. For example, the price of electricity, because politicians must reduce the cost of living of ordinary people in order to win votes, so the limited electricity price is extremely low, resulting in the power grid company does not make money, and the power grid company does not make money, so the entire industry does not make money. (It is for this reason that Huawei and ZTE are mired in investment quagmire in India, and I have talked about the power problem separately in the previous chapter.) ）

As for the import and export of raw materials or primary processing, I think it is good, and there should be a certain profit margin. However, remember that there are hidden costs to doing business in India, and you should prepare for at least five percent. (To be continued.) )