Story of a Big Player from Gangnam

Into the Indian Market (2)

(269)

Guggenho returned to Chechnya Mobile and called for a temporary executive meeting.

The executives came to the recovery room with all the diaries.

Gu, who was sitting at the center of the meeting table, said first.

“We're all busy, but we're here to discuss the issue of going to India. ”

“India?”

“I met with EZ-No-Pac this morning. EZ-No-Pac is now entering southern India, Chennai. You know, modern cars, Kia Tea, we have factories in Chennai right now, at a very large scale. ”

Song said.

“Modern cars are already producing 500,000 cars in India. Chennai is a city called Maduras, with a population of about 8 million. Because this is the center of the south, we have our modern, Samsung, Lotte, etc., and we already have over 100 partner factories in the south. We should go in. ”

“So you're saying let's go. ”

“That's right.”

Secretary General, Executive Director, Director of Production, and Director of Research were just listening and not speaking. He mostly only talked to Gu Gun-ho and Song.

Song continued to talk while drinking tea.

“It's not just one factory, it's New Delhi in the north and Chennai in the south. First of all, in both of these areas are our dealers, S Company, Full Metal Armor and EZ-No-Pack. Basic sales can happen, so don't worry about failing. ”

“If you buy a factory, send in mechanical equipment and send in people, you'll have enough money. ”

“That's the problem. ”

“I need to borrow money from a financial institution or dedicate it to the fund I hold. ”

“That's right.”

“Well, raising finance would be impossible because the debt ratio is high right now, and spending the reserve would not pay off the debt. ”

“That's why it's our job to think about getting more associates and subsidiaries with Kosdaq in front of us. ”

“Hmm.”

“Even if you go to India and rent without buying a factory, the rent deposit and equipment will be quite expensive. An affiliate becomes an affiliate if he/she acquires 30% or more of that company's shares. The shares issued by the Indian local corporation will be 100% GE Mobile. ”

“It will be. ”

“No matter how good the views are in India, it only costs money in the beginning. This can also be a problem for GE Mobile as well. ”

“I'm sure.”

“If you have money now, you should reduce your debt. It is not desirable to invest more. ”

“The view is good. It's hard to make a lot of money, it's hard to reduce the debt ratio, isn't it? ”

“That's easy for you to say. ”

A moment of silence passed.

“What do the others think? ”

Others were silently staring at the diary. Song said again.

“I think there may be a way for a trusted investor to invest first and then merge the company in GE Mobile once Kosdaq is enrolled. ”

“Like Kim Min-hyuk's factory in China, I want to invest independently first. ”

Song said with a smile.

“I'm not saying that. I'm saying that there are ways. ”

“Hmm.”

Gu Gunho folded his arms and thought. “

“First, let the wind blow and the old man go to India. ”

“Are you talking about a trip? ”

“There's more to industrial surveillance than travel. ”

“Hosted by SMEs and Chambers of Commerce? ”

“It's more of an overseas industry scout than that, so it will be hosted by things like KOTRA. I'll look at your schedule. ”

“The various public documents and DMs are focused on the secretary, so the secretary will look into them. ”

“Very well. I'll do that. ”

After the meeting, Song came back quietly.

“India is more difficult to buy foreign real estate than China. When I was in the S company, I went to a factory in India, and I saw some retired executives in Samsung or Hyundai building a factory with severance pay. ”

“Is that so?"

There was 10 million won per month. There was 6 million won per month. Because of the lack of national pensions after retirement, there were people who did it for stable income. There are other ways to rent a factory like that. “

“Hmm.”

“You can take the extruder out of here. If you accompany Dijon Korea, the raw materials can be supplied reliably. I don't think it's going to cost much. It's going to cost 300 million. And if you merge it in Mobile two years later, you can actually transfer it with premium. ”

“A premium transfer. ”

“That's right.”

“I don't know about China, but India doesn't seem to have many volunteers here. because it's hot, it's humid, it's not language, it's not environment. ”

“Use the locals. And of course, the local president, or the key production technician, will have to send it here. If you say you have to work in India to give priority to your promotion, you'll have hope. The S company did the same. ”

“It's not urgent, so let's take some time to study. ”

“I understand.“

Gu Gu went to Dijon Korea late in the afternoon. Kim Jong-moo entered the boss' room.

“I've been told I've met with Chairman EZ-No-Pac. What did you talk about? ”

“We're talking about moving to Chennai, India. ”

“A manufacturing factory? ”

“That's right.”

“We'd better go now. It costs money to invest. ”

“Song suggests renting out a factory. ”

“If we're going to reduce our initial investment, we need to do that. ”

“By the way, is it right for Mobil to go public before the Kosdaq public? ”

“Debt repayment is a priority over foreign investment. ”

“Song insists on it. ”

“I was going to propose to the boss that we set up an office in India when the machine equipment came in. I've thought about the Southeast Asian mayor, but also India will have a lot of demand. What about Dijon Korea, India? Unlike Mobil, Dijon Korea is free from debt. There are a lot of reserves now. ”

“Hmph. Got it. I'll think about it.”

“Dijon Korea in India, like the Dining Company in China right now, doesn't seem to have much to lose. Since the common language is English and Hindi, I think it would be a good idea to send my translator. ”

“I'm supposed to be in business. ”

“The basics are clear, right? S companies, the Manjewels and the EZ-No-Pac are all out of India, and you can just grab them here and stretch them out. The local presidents of India in this company, I know all of them. “

“Hmm.”

“Machinery No. 13 and No. 14 are in Port Busan. Once installed, we will also place an order for 15-16. This will allow us to reliably supply overseas markets, including China. ”

The Secretary Director of Mobile called.

“Ms. Grant, are you in Dijon Korea? ”

“Yes, I'm going home now. ”

“There's a document from China in the EMS mail. ”

“Where are you from China? ”

“The caller is located in Guangzhou Anyang City. ”

“Looks like a business report from Antang City. Okay, I'll stop by on my way. ”

“Call me when you're done, and I'll be outside the front door waiting. ”

“Don't let the director do that. Let him hire you. ”

“I understand.”

As Gu Gun Ho went up to Seoul, he stopped by Mobil to pick up the documents.

“That's a lot of paperwork. China has to be resilient, India has to be invested, and all of this has to be invested. We're gonna have to make a fortune. ”

On the way up, I got a call from Logistics' Moon Jae Ceremony.

“You're not gonna come up here? ”

“I can't hear you today. Mobil and Dijon Korea are busy, so they're running out of time. ”

“I applied for a farming permit. I gave it to him to do a comprehensive construction on Sung Hwan. It specializes in building permits and civil works. ”

“Well done. You think this is gonna work? ”

“I think the Commission of Agriculture will be cleared due to clear objectives and faults on the farm. It's going to cost you agriculture.”

“I see.”

“I will also apply for a change of designation if I lose my exclusive farming permit. ”

“Can I change the landmark without having to build a factory? ”

“They're supposed to have a blueprint, but they'll take care of it. ”

“I see. Tell the knights to keep safe while it rains." ”

“If you don't, you won't be fined if you get caught with heavy rain. ”

It became Tuesday.

Gu saw a business plan from China from the Sinsaidong building office.

“The business plan said it was a revision plan, so I guess you got a little handsy. ”

Gu saw the business plan.

“The number of floors in the hotel and the matchmaking room have decreased a bit, but the investment is the same. ”

Gu sent a text message to the office to find the phone number of the teacher at the foreign language university who had previously assigned the translation and ask him to come to the office because there is a translation.

I got a reply right away.

[Can we go to the officetel near Gangnam Station? I'll be there by 2: 00 p.m. today.]

Gu sent a text to come back to the 18th floor of the GE Building in Sinsa-dong.

In the afternoon, Shin Jung-sook came to the North Cafe and Gallery and climbed up to the Gu Gun Ho's office. I didn't come alone, but Matsui came with Yoshitaka.

“Welcome. ”

“I'm here for a cup of tea. ”

“On the way up, the gallery has another writer's exhibition. ”

“This is a joint exhibition of a domestic writer. They're not famous writers. They're new writers. It's a five-man novelist. ”

“So it's about exhibiting five works. ”

“Yes, they are university instructors, so many students come to see them. They have a lot of friends. “

“Do they sell their work? ”

“Yes, half are sold out. There are also beautiful paintings to walk to in the living room. ”

Secretary Oh Yeon-soo came in with a car. Yeon-soo Oh liked it when the new boss came. It seemed to be close to me because I had a lot of gallery work support. Yeon-soo was a little scared of Gu Gun-ho.

Shin Jung-sook took out two magazines from his bag. A Japanese Cosplay magazine.

“Take a look. Ms. Grant, this is from Yoshitaka. ”

Gu Gun Ho smiled and opened the magazine.

“You look just like the protagonist in the comic book. ”

The picture in the magazine was of a yellow-haired man, a crusader, a soldier, and a white-haired witch.

“God, I can't see this because I'm dizzy. ”

“Kids are crazy. ”

“Mr. Yoshitaka must have consulted with a Japanese magazine. It is a condition for South Korea to have half the Korean magazine loaded and pay a partial tax. ”

Yoshitaka said.

“There are many cosplay competitions in Korea. I will write photography and articles about the scene of the Cosplay. And I think we're going to start our own competition. ”

“We're going to the competition? ”

“Since no magazine has been published yet, the competition will be held in the name of the GE Gallery and the winner will be eligible to enter the Japan Cosplay. ”

“It's going to cost you a lot of airfare and accommodation. ”

“That's why attendees get paid to enter the competition. You can use the airfare or accommodation fee to participate. ”

“Hmm.”

“It's May, so it's a good season to have a competition. After the screening, the winner will enter Japan using the July holidays. Japan often has such events. ”

“So where are you going to do that? ”

“I'm thinking of Yeouido Square. I would like to serve as a judging chair at that time. ”

I listened to Yoshitaka and the guard jumped up and down.

“What, the jury chair? Oh, I don't know about that! “

The new boss laughed.

“Yoshitaka is good at jokes. ”