India Ah San once again educates the countrymen, every time more and more miserable! Chinese long snacks! India is a country that really needs to be careful! Not simple!
India has now surpassed China to become the world's most populous country, so many companies around the world want to go to India to expand their market, including Chinese companies.
But this year's successive events on Chinese companies have made all Chinese companies frightened, I didn't expect the Indian government to look so ugly, and I have never seen such a faceless one!
A while ago, watching Xiaomi make money, the Indian government was red-eyed and made a trumped-up charge: Xiaomi Company "illegally" transferred property abroad. Xiaomi is a foreign-funded enterprise in India, I made money for China, and at the same time created wealth for the local area, I legally and reasonably profit the part that I deserve, don't I transfer back to China, do I have to hand it over to Asan? What is even more outrageous is that the Indian government actually asked Xiaomi to replace all the company's executives with Indians. Isn't this a preparation to completely take the Indian Xiaomi company for itself?
Just when the anger of the countrymen has not subsided, an even more disgusting commotion has come. SAIC MG because of the light of the original British brand, because India was once a British colony, so in India has been selling well, exports have risen year after year, and SAIC Motor has directly built a factory in India when it sees the opportunity. At the beginning, everything was fine, after all, the duck was not ripe, seeing that the factory had been perfected, and the localized supply chain opened by SAIC MG under the coercion of the Indian government had been cultivated, and the Indian government saw that the duck was ripe, and the opportunity came. The Indian JSW Group proposed an acquisition. Under the roof, how can people not bow their heads, MG based on the objective assessment of the market after quoting 8-10 billion US dollars, but JSW Group only gave a quotation of 1.2-1.5 billion US dollars, the two are far from the same. But as we all know, behind the JSW stands the Modi government that eats people and does not spit bones.
According to JSW Group's calculation, it will acquire 48% of the shares, while dealers and employees will hold 8% of the shares, so that SAIC will only have 44% of the shares, will completely lose control of MG India, and MG India will be completely reduced to an Indian company!
The biggest problem of Xiaomi and MG is that they mistake rogue and insidious Indians for kind Chinese, and establish a perfect local supply chain in India, so that Indians feel that they can operate normally Chinese kicked away. Therefore, if there are Chinese companies investing in India in the future, they must hold the core technology and suppliers in their own hands, so that they know that they can also make some curry if they leave the Chinese!
