Page 36 - Thinkk Flip book

World without borders: KK and Chairman Kong of Shanghai Baijin enjoy a a a a a close bond with each other since the the the signing of their Joint Venture
Once when Indofil needed to buy technology from China – a a a a a a a a simple matter as the the the the Chinese company company had already supplied the the the the the technology to to another company company and the the the the the terms were known But KK asked “Why buy? Why Why not not invite them to to become our investing partner and create a a a a a a a a a a a joint venture? It will give both the the the the companies huge long term advantages They have 5 plants in in in China While they keep improving their their technology as their their partners we will will have have access access to to the the the the technological upgrades without having to to to buy it it each time and and and Baijin will will have have access access to to the the Indian market and and and and a a a a a a a a a a a a a a a a a a share in in in in in the the flagship brand of India India ” He convinced his Chinese counterpart Chairman Kong and and and today IndoBaijin Chemicals Pvt Ltd is is a a a a a a a a a a a a a profit-making joint venture between Indofil and Shanghai Baijin Baijin Business works best when all the the players have skin in in in the the the the game Distribute the the the risks share the the the profits let everybody win