Chapter 804: Avoiding the pitfall

Earlier this year, United Energy Group took over BP’s interests in more than 20 deep-sea oil and gas fields in India.

Because of the impact of last year's oil spill in the Gulf of Mexico, British Petroleum Company, at the request of the United States, needed to spend huge sums of money to solve local crude oil pollution and compensate for the losses caused.

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

At that time, British Petroleum Company purchased 30% of Reliance Group's shares in more than 20 deep-sea oil and gas fields in India for more than US$7 billion.

In addition, British Petroleum Company has also established a joint venture company with Reliance Group, BP Reliance Gas Company, to be responsible for building exploration infrastructure and developing, distributing and selling natural gas products.

At that time, the total value of these agreements was as high as US$20 billion, which was also the largest single amount of foreign direct investment in India's history.

In the end, United Energy Group invested from British Petroleum Company (BP) to acquire 30% of the shares of more than 20 deep-sea oil and gas fields, as well as their 50% share of BP Reliance Gas Company.

Of course, after this, BP Reliance Gas Company has changed its name to UE (United Energy) Reliance Gas Company.

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. Both parties jointly occupy a considerable share of the Indian energy market. share.

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

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

In Barron's previous life, Land Rover and Jaguar, which are now part of the British Automobile Group, were acquired by India's Tata Group.

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

Mainly because India's relevant policies are really elusive.

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 that have established cars in India. production plant.

But there are only a few one or two that can survive here, and most of them are miserable.

For example, General Motors later directly sold its automobile factory to SAIC, which directly cheated SAIC...

After many car companies came to India to build factories, they discovered that the car-related policies here were like convulsions. They were not sustainable at all. After a while, a policy was suddenly introduced, which disrupted the long-term plans of some car companies. , I just want to cry without tears.

Knowing these things, Barron will definitely not be able to let the British Automobile Group jump into this pit again.

Therefore, he would not say that the British Automobile Group's manufacturing power is located in India. Moreover, the models of the British Automobile Group are all mid-to-high-end cars. Even if they are imported cars and the tariffs are higher, they will still buy what they should buy. of.

As for the best-selling minicars and small cars in the Indian market (some models similar to Geely QQ), the local Tata Group and Maruti Suzuki already occupy a huge market share. These are not British car groups at all. business direction.

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

In fact, although the British have been under colonial rule in India for nearly 200 years, because India gained independence due to the "non-violent non-cooperation" method led by "Mahatma" Gandhi, to this day, among the Indian elite , and also has some "spiritual imprint" on Britain.

This is also 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, the British way of ruling in the colonies was often carried out by using local upper-class people, so in After India's independence, the original "agent ruling" class was directly transformed into India's ruling class...

And because India hopes to "inherit" the British political legacy in this region, they have not made efforts to eliminate their own British imprint.

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

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

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

…

"Are you awake?"

"Ah, Your Highness the Duke, I'm sorry, I slept..."

The woman had just woken up. After hearing Barron's words, she immediately stood up and said to him, completely ignoring the love she had already leaked...

It seems that the movement was too big, which caused the pain. There was a look of pain on her face, but she tried her best to hold it back.

"It's okay..."

Barron waved his hand and said:

"I have the habit of getting up early to exercise. If you still feel uncomfortable, then you can sleep more..."

Barron had just come out of the gym. After he said this, he went directly into the bathroom next to him. Then the woman heard the faint sound of water flowing in the bathroom.

Although the other party said that she could rest for a while, this extremely beautiful woman hesitated for a moment, but still endured the pain from time to time, got up, found the clothes scattered on the ground, and began to put them on...

Thinking of the handsome Duke's seemingly endless knowledge learning last night, the woman's face couldn't help but blush a little.

Now Barron is not living in the mansion called Antila Building where Mukesh lived when he first arrived here, but a house 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 luxury villa covers a large area and has a garden of more than 1,000 square meters. It is quiet in the bustling city. Although it is not as luxurious as Mukesh's Antila Mansion, it is completely sufficient as a temporary residence for Barron to come here occasionally.

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

The woman who came to Barron's mansion last night was named Neha Dalvi. She was less than 23 years old. She was rated as the most beautiful girl in Indian universities for three consecutive years and was called the most beautiful model in India.

She was met by Barron at a dinner party specially held for him by Mukesh. The men who attended this dinner party were all celebrities from all walks of life in Mumbai, and the women who could enter there were also carefully selected. They were either well-known models or Bollywood actresses...

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