America: My Time

Chapter 953 India's Credibility

Chapter 923 India's Credibility
Even if the oil capital had many ideas during the election year, they still dared not act rashly. Repeated failures and heavy costs made them cautious because they did not know if this was another trap. If they took the initiative to enter the game, would they be schemed against by that guy John?

John had no idea what these guys were thinking, nor did he care, because he was very busy. The market boom and the factory's astonishing sales had shocked the Chinese personnel and given them some ideas. John was discussing things with them. After all, even if they wanted to export, they needed to be cautious and choose the right market. The US market seemed the largest and easiest to succeed in, given Bentley's established sales network. However, John didn't think the US was the best opportunity. He preferred to cultivate the Southeast Asian market and capture a share of that market!
"Mr. John, why did you abandon the Indian market? It's a huge market!" Soon, the Chinese personnel discovered that John's Southeast Asian strategy had always avoided India. In fact, not only automobiles, but other industries John had also avoided India, or more accurately, abandoned the Indian market.

When Coca-Cola re-entered the Indian market, PepsiCo immediately gave up. This was John's request. Whether it was retail or other companies, John voluntarily gave up everything. Even the global internet layout was abandoned by John. The reason was simple: he didn't want to be taken advantage of by India.

"Although India's market seems large, they are not a trustworthy country. On the surface, they are a modern country, but in reality, they are an extremely feudal country. Anyone who enters their country should be prepared to be ripped off. I don't want to be ripped off by them, so I don't even enter their market for media and entertainment!"

No one expected John to have such a negative view of India, choosing to abandon the market of this populous nation. In fact, this is no secret in the US, or even globally. No matter how many invitations India extended, John's companies never entered their market, and cooperation with India was practically nonexistent—it was always either cash transactions. The idea of ​​establishing factories or sales companies in India simply didn't exist.

Even Gulfstream Aerospace doesn't establish sales in India, and Bentley Motors is even less likely to do so. This is a common understanding in the United States and Europe, and many people in Asia also know about it.

"Mr. John, is it really that dangerous in India?"

"Yes, they can even cheat Coca-Cola, and Pepsi has been cheated too. Almost every company that invests in their country has been cheated. Don't you think that's dangerous? Rather than wasting your energy on a country without integrity, you'd be better off investing in other countries. In Asia, India has the worst integrity and is the least worthwhile country to invest in."

John's words shocked the Chinese delegation. Just how much integrity did the Indians possess that even a conglomerate tycoon like John was unwilling to invest there, not even a small one, completely avoiding this massive market. This was unbelievable. A huge market is an irresistible temptation for any company, yet John, a conglomerate tycoon, chose to forgo it. This forced them to think deeply.

Honesty is no small matter; without it, you lose everything. That's exactly the situation in India. No matter how much those guys tempted him or offered the best conditions, John simply wouldn't accept or participate. In John's view, it would be far better to focus his energy on other Southeast Asian countries, or even Africa—that would be much better than India!

However, John didn't want to say too much about this matter, after all, this was just his own opinion and did not represent everyone's opinion. So many international giants were later cheated by Indians, what was the reason? To put it bluntly, it was the result of greed. In the face of interests, there will always be people who think that they might not be the ones to be cheated.

In fact, there are such fools in John's company, but their ideas cannot be realized. The company has a hidden rule: do not have any presence in India, do not establish any companies, and sell all products directly to companies in India, instead of developing the market themselves!
"We need your help now. We hope you can provide some support to accelerate our expansion. Time waits for no one. We have huge markets overseas to seize. Only by going all out can we achieve greater development!" Although John didn't use the word 'overtime,' everyone present understood. This wasn't short-term 'overtime,' but rather long-term, three-shift work. Otherwise, it would be difficult to meet the market demands of the Bentley Motors Group itself, let alone those of the American automotive giants, and even more so in Europe and Japan.

John quickly gained the support of China. As China mobilized its full resources, Taiwan also began to hold back. Soon, a storm was brewing. Chip manufacturing in China accelerated, and low-to-mid-range navigation devices were being produced at full speed. The entire production line was running at full capacity, and the flood of orders was astonishing.

Fortunately, John had made prior preparations, and his investment in semiconductor chips in China had a massive production capacity. Otherwise, it would have been difficult to fulfill such order demands. After all, even with lithography machines, without the corresponding wafer fabs, it would be difficult to cope with such a huge influx of orders. Relying on imports from abroad without its own production capacity would increase production costs, create loopholes in John's strategy, and could even lead to its collapse.

"Mr. Toyota, you're in such a hurry to come to China to see me, probably because of the GPS navigation system. I can't do anything about it right now. You know the situation in the US; anything can happen in an election year. Besides, I'm being targeted by oil and gas capital. Our current production capacity can't even meet the needs of the Bentley Group itself, and there's still huge demand in the US. So, I'm willing but unable to do anything. All of this takes time. I can only guarantee the supply of some mid-range products! But don't worry, as long as production capacity continues to expand, it won't be long before we can meet the needs of Toyota's mid-to-high-end brands!"

Upon hearing John's words, Tatsuro Toyoda couldn't help but sigh. He was not unaware of the current situation, but he still held onto a sliver of hope. After all, only by gaining John's approval could they stabilize their North American market share. Currently, Japanese cars were losing market share in North America, and if Toyota could not receive the same treatment as American automakers, their situation would be very difficult, and it might even damage their global market share.

The bubble crisis increased production costs in Japan and affected their exports. Although Toyota was doing well, it caused dissatisfaction among Japanese automakers. Toyota's situation was not as good as it seemed on the surface.

"Mr. John, we also need low-end products, please give us your support!" With the early release of navigation devices, although they are very rudimentary, their functions are still guaranteed, and they have a great impact on the market. Just look at the situation of companies like Nissan and Toyota to know how terrible this impact is.

Previously, it only affected high-end brands, but now mid-to-low-end brands will also be impacted. This is not something Toyota wants to see. Even if it only lasts for a few months, it will cause huge losses to Toyota and cause it to lose some market share!

"I'll do my best, but it's not up to me. The pressure from the White House is immense. The Europeans are constantly putting pressure on me, as are the American car companies. You should understand the pressure I'm under right now, otherwise I wouldn't be in China! I originally planned to go to Japan, South Korea, and Taiwan first, but now I don't dare to do that at all. Taiwan is fine, there's not much pressure, but the situation is completely different in South Korea and Japan. So I can't guarantee anything right now, I can only say I'll do my best!"

"What a fine example of doing one's best!" John's words put even more pressure on Tatsuro Toyoda. He knew the situation in Japan very well, and now that South Korea was also entering the North American market, they were also affected. He could understand John's words, but while he could understand them, it was still a little difficult to accept them!
“Mr. John, isn’t Toyota like other American companies? After all, we also have our own factories in the US!” At this moment, Tatsuro Toyoda had a new idea. After all, Toyota also had its own manufacturing plants in the US, which was a good excuse. If it worked out, it would greatly reduce the impact on them!
At this point, John sighed and said, "Alright, I'll try my best to fulfill your orders at the US factory, but I can't guarantee how far I can go. You know how crazy the US car companies are right now. And it's not just them; transportation companies and car rental companies are all placing orders with global satellite navigation companies. The factories in China are already operating on three shifts, but they still can't meet the orders. The Taiwanese factories can only meet the needs of high-end brands, so for a long time, the production capacity won't be able to meet the global market demand! This is completely different from when it was about high-end brands. Now it's not just sedan brands, but other car brands are also joining in. You know how big this market is, and this is something we need to pay attention to!"

(End of this chapter)