I am a master in India

Chapter 40 I want to be a good person
"Johnny?"

"It's me, Ron. I heard your new shop is opening?"

"You are very well-informed."

"Come on, man, there's nothing I don't know about this area. But you're incredible, having managed to get tourism to this point."

"I was lucky, and Khaderbhai also helped a lot."

"Don't be modest, brother, there are many businesses in Mumbai that revolve around tourism. Opening hotels, running restaurants, being a guide
There are too many, but you are the only one who can make money from these stores without investing any capital."

"They need customers, I get a commission, and we all get what we need. By the way, when will your people arrive?"

"Thirty minutes later, still the same place."

"Let them come directly to my place. There is a private reception room."

"no problem."

After hanging up the phone, Ron took out a suitcase from under the counter.

There were US dollars exchanged from tourists during this period, ranging from 5 US dollars to 100 US dollars, which could fill the entire table.

In the reception room, Ron closed the door and began to sort the stacks of US dollars according to their denominations.

Since the last meeting with Khad Khan, both parties have reached an agreement.

Hadehan sent someone to collect Ron's money once a week. The two sides agreed on the exchange rate in advance and then calculated the money and settled the account.

The recipient's name was Neil, one of Khad Khan's subordinates in charge of foreign exchange business.

It is said that every morning he called all his dealings and worked out exchange rates for major currencies.

Every two hours throughout the day, someone called to tell him about changes in international exchange rates. He had a taxi at his disposal 24 hours a day, with two drivers taking turns.

Every morning he visited middlemen in various districts and gave them bundles of rupees to be used as a reserve for street vendors.

Brokers and other thugs help street vendors find customers, bringing tourists and businessmen to them to exchange money. The street vendors exchange the money and put it in bundles, waiting for the middlemen to collect it.

Middlemen move between street traders throughout the day, replenishing their rupees whenever they need them.

At night, Neil's men would collect all the foreign currencies. This is the black market trading chain on the streets of India.

As for more cautious companies such as hotels, airline offices, and travel agencies, Neil personally directs the collection and exchange of money.

Ron's company falls into this category. He is a rising star, and Neil often comes in person to collect the money.

Thirty minutes later, Neil, wearing a turban, walked in. He was said to be originally from Persia and had studied finance at an American university.

“How was the harvest this week?”

"Not bad, I met a businessman, a total of $3."

Ron pushed the money and Neil's assistant started counting it on the spot. There was a money counting machine prepared here.

At the same time, Neil also handed Ron a large luggage bag.

"30 points, 118 million rupees."

The exchange rate was a little lower than the last time, and Ron was not surprised.

As India's economic policies gradually relax, more and more foreign capital is beginning to return to the continent.

In the past few decades, the Indian government has stipulated that if foreign capital wants to settle in the country, it must find a joint venture with a local company, and the local company must hold no less than 60% of the equity.

This directly forced away many old foreign companies from the colonial era, including Coca-Cola.

Now that this restrictive policy has been greatly relaxed, overseas capital has begun to prepare to reinvest in the South Asian subcontinent.

With foreign investment, the US dollar will naturally no longer be scarce. As trade continues to develop, this abnormal exchange rate will continue to fall.

So Ron predicts that by next year, profits in the foreign exchange black market will decline significantly.

Tsk, the good days of making money without doing anything are almost over.

The two parties counted and settled the bill on the spot, and twenty minutes later, Neil shook hands with him and said goodbye.

Because Ron's cash flow was growing, Neil suggested exchanging money once a day. This would minimize losses from exchange rate fluctuations, as the black market exchange rate was closely tied to the international market.

Ron agreed. Since the amount was not much to change once a day, he planned to let Anand do it, and then do the accounting himself in the evening.

Of the 3 US dollars this time, Ron's own capital was about 100 million rupees, and he made a profit of 18 rupees from the transaction.

A careful calculation shows that most of the profits of Mumbai travel companies come from the foreign exchange black market, followed by commissions from hotels and restaurants.

As for the service fee paid by tourists, it is actually the most insignificant part.

Seeing that the bulk of the company's profits continued to shrink, Ron was already considering other ways to make money.

Either they can negotiate a commission with the hotel by leveraging their customer base, or they can expand their scale and receive more tourists to make up for the gap in quantity.

Or open up new avenues and find other profitable businesses.

Ron has some ideas, but they are immature and he needs more capital.

Although rupees seem to be a lot, often reaching millions, they are only tens of thousands of dollars after conversion at the exchange rate.

Thinking of this, Ron's family background suddenly seemed insignificant.

After working hard for half a year, he only saved 200 million rupees, or more than 6 US dollars.

If I can't even afford a property in a prime location in Mumbai, there's always something missing when I think about doing anything else.

He still needs to save money, and he has been keeping an eye on land transactions in central Mumbai recently.

From the information he read in the newspaper, this might be a rare opportunity and he didn't want to miss it.

Fortunately, this window of opportunity will not be too short, and Ron expects to be able to take action after the new year.

Just as he was about to deal with the money, Mary told him that Rajesh had come.

Not only Rajesh came, but also the director of the Fort District Police Station, Raja.

"Sulbai, nice to meet you again, nice to meet you!" Raja's face was twisted into a strange look, if not because of the stomach cramps, then it was a flattering smile.

"Nanny ripped it all through." Ron smiled and clapped his hands together.

Then he took a paper bag from Mary without saying anything.

Ron lifted a corner of the bag slightly, revealing a thick stack of 100-rupee notes. Then, nonchalantly, he handed it to Raja.

Probably only in India does money get given so openly, in public.

Raja hurriedly said a lot of words of thanks, then stuffed the bag of money into his chest. When he got outside, he bent to the side and spat loudly twice for good luck.

After getting the money, they quickly moved to other places, and the train station was still bustling with people.

Ron was not afraid of being seen by others. He even intended to let the vendors within a radius of 100 meters see this scene.

This means that he has a close relationship with the police, and those who have evil ideas will put them aside.

As the police chief, Raja was so respectful to Ron, and it was certainly not all because of money.

Neil, who just left, is known to all the street vendors in this area, and there is no need to say more about Khad Khan, the representative behind him.

In the eyes of outsiders, Ron was hooking up with Khad Khan, and the police did not dare to ignore him.

It was because of these financial interests that Ron was able to remain safe and sound in Victoria Station.

Bribery, gangs, and police magically formed a stable triangle relationship.

Ron counted down his current businesses: the foreign exchange black market, the dirty black market, and a drug black market waiting to be acted upon.

Damn, he is obviously a good person, but why is he doing illegal business?

too difficult!
"Ron, there's your international delivery!"

Mary's clear voice interrupted his self-confession.

The express delivery came from France and the senders were Anna and her husband.

(End of this chapter)