Chapter 803 Grand Blueprint
The so-called DMIC, or Delhi-Mumbai Industrial Corridor, has been proposed in 2006. It was originally a detailed plan provided by Japan to Indian Prime Minister Manmohan Singh when he visited Tokyo in December 2006.
This is a plan "tailor-made" for India by the Japanese country, drawing on their experience in the Tokyo-Osaka Industrial Belt. The Tokyo-Osaka Industrial Belt has been running successfully for more than 30 years, and its contribution accounts for about three thirds of Japan's GDP. Two-thirds.
Delhi is the capital of India and one of India's manufacturing centers, while Mumbai is a port city and the financial center of India.
Therefore, according to the DMIC plan at the time, within 5 years after the completion of the "Delhi-Mumbai Industrial Corridor", India's employment will increase by 15%, industrial output value will increase by 28%, and exports will increase by 38%.
Initially, Japan and India hoped to join forces to launch this large-scale and ambitious plan.
According to their blueprint, the Japanese and Indian governments and companies engaged in infrastructure construction will join forces 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 circles, such as Mitsui \u0026 Co., Honda Motors, Suzuki Motors, NEC, Sony, Hitachi and other companies, also expressed that they would 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, various industrial zones in the corridor are expected to attract US$90 billion in investment within seven years.
Why is Japan so active in making such huge investments in India, and many of the conditions in this plan can be said to be very generous? They simply hope to use their own efforts to help India complete industrial upgrading...
Because this in itself is a long-term investment by the Japanese country in India - they have tasted the benefits of their previous investment in China, and China's economic boom has also enabled the Japanese country to gain a huge market and returns, so they will next Consider India as another "China".
In fact, not only Japan, but many countries in the West also have high hopes for India.
Especially after China rejected the "G2" proposal from the United States...
To put it bluntly, the so-called G2 is nothing more than the United States' hope that China can serve as a market for their products and provide the production of cheap products, which is a super-large "blood bag."
Since this cannot be achieved, they have set their sights on India, hoping that by investing in India, they can grow and supplement the role originally reserved for China in G2...
According to the initial plans of Japan and India, the first phase of the "Delhi-Mumbai Industrial Corridor" plan will be completed in 2012, and the remaining plans will be completed in 2016.
But the Japanese, who liked China's pragmatic style, never imagined that India's freedom and national conditions would be...
The fact is that from the end of 2006 until now, the discussions between the two sides on the "Delhi-Mumbai Industrial Corridor" are still on paper...
I am afraid that even now, they would not have thought that the first phase of this ambitious plan had not been completed until Barron was reborn, let alone the overall completion. It might become a "project of the century." …
As India's largest private company, Reliance Group's industries span energy, petrochemicals, telecommunications, real estate infrastructure, retail textiles and other fields. 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 Barron - after all, before this, many companies controlled by Barron, such as United Energy Group, O2 Telecom, Standard Chartered-Merrill Lynch, etc., all had the same Reliance Group as them. For cooperation, Barron has strong resources and energy in Europe and the United States, and Mukesh also hopes that through the cooperation between the two parties, their family can maintain higher stability.
An interesting situation is that many large private companies prefer to cooperate with foreign capital compared to domestic companies.
The main reason is that, on the one hand, local companies have greater energy in the country than foreign capital, and it is easier to maintain control of the company when cooperating with foreign capital.
On the other hand, cooperation with foreign capital is also conducive to the game between them and the local government. After all, local companies are in a relatively disadvantaged position compared to the government on many issues. But with the participation of foreign capital, many There will be more room for change...
Just like the cooperation between Barron's and Reliance Group, what Reliance Group values is the power of the "foreign-owned companies" controlled by Barron's overseas in India, and their ability to act as a barrier between Reliance Group and the Indian government in many cases.
Barron, on the other hand, can have allies in India to prevent his investment from suffering the fate of being "harvested" by India as some foreign companies later did - unless Reliance Group completely abandons India's overseas markets and only shrinks within India. , otherwise, this kind of thing will definitely be avoided from happening, let alone jointly with the Indian government to defraud Barron’s investment...
Even so, Barron certainly doesn’t want to get involved too much, knowing that India’s so-called “Delhi-Mumbai Industrial Corridor” plan is a mess.
"This is indeed a grand project, but at present, the projects will definitely be dominated by 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 the delaying strategy.
After all, he understands that the plan will not really start until after 2016 - India has taught the Japanese a good lesson. The Japanese have planned such a grand blueprint for India as the "Delhi-Mumbai Industrial Corridor". After that, India directly took this plan and turned around to fool European, American and Chinese companies...
Not to mention, a lot of companies have been fooled into the trap. Judging from the experience of some "taken advantage of" later, the final result is "India earns money and India spends it, and everyone wants to take it home"...
This also reminded Barron that if he had the opportunity to talk to Earl Bute, he would not let Argent Real Estate Group invest funds in this without making excuses.
"I am very happy that United Energy Group can take over the cooperation project between British Petroleum Company and us. I believe that with the foundation of previous cooperation, the relationship between us will be closer in the future..."
After discussing the Delhi-Mumbai Industrial Corridor, Mukesh brought the topic back to cooperation between the two parties.
