📺 Stream EntrepreneurTV for Free 📺

Donald Trump Jr Eyes India as the Next Leader for Real Estate Indian market is the second biggest for the Trump Organization, in terms of the number of projects

By Sanchita Dash

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Donald Trump Jr Official Twitter

Two words can best describe the past week in India – business and politics. With top dignitaries from across the world flying into the country, international media too turned to what's happening in India. Flagged off by the visit of Canadian PM Justin Trudeau mired in controversies to Uber CEO Dara Khosrowshahi talking about flying cars and ending with Donald Trump Jr. talking business in India.

And like everything in the country, Trump Jr's visit too wasn't far from controversies. Starting with a remark about how he likes India's poor people because they smile to leveraging his father's name for business, there were many questions raised about his India visit. But Trump Jr. himself left the country saying he preferred the "nice and fair" Indian media over its American counterparts.

In the country for the formal go-ahead of the Trump towers in Delhi NCR, Trump Jr. met with billionaires of the country, some of whom have already booked their spots in the luxurious apartments.

India – the Second Biggest Market for the Trumps

Talking about India's fast-growing real estate sector, Trump Jr. said that the Indian market is the second biggest for their company, in terms of the number of projects. In partnership with the Trump organization, Indian real estate developers build luxury homes with the Trump Tower brand.

In an interview with a leading television channel, Trump Jr. said that he's here as a businessman and not to discuss political affairs. Calling India an important international market, he said that he has been in the country several times for business and has built personal relationships over the years.

Modi, the Friend

Indian Prime Minister Narendra Modi and US President Donald Trump share cordial relations. While Trump Jr. cancelled a US foreign policy speech, he did speak about Modi at a press event in Kolkata. He said that reforms during Modi's regime are corrections in the right direction. He added that earlier, the promises made by the government were not kept which often resulted in foreign investors staying away from India.

While he admitted that some reforms might make it difficult for real estate developers to function but it was time to make those changes. However, Trump Jr added that he believes these reforms will further boost the confidence of foreign investors as now they know "what they are buying is what they are going to get".

Business with Billionaires

The lavish apartments in the Trump Towers, Gurgaon have a price range of USD 775,000 and USD 1.5 million. So, it was no surprise that when newspapers ran front-page ads saying that people who buy apartments in the luxury complex will get a chance to interact with Trump Jr., billionaires would fill the hall. In a fireside chat with a room filled with dignitaries from the government and the who's who from the business community, Trump Jr spoke about how he has distanced himself from politics.

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

In the business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform). 

Stories, movies and PJs are my thing. 

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing. 

 

Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

News and Trends

The Saviour: Zaheer Adenwala , co-founder and COO, Ketto

The startup aims to address the healthcare financing gap by bridging the disparity that currently exist in receiving affordable healthcare

News and Trends

Snapchat Adds Chat Editing Capability With AI

The most recent version of Snapchat has a ton of new capabilities, like the ability to modify messages and create reminders. Additionally, it now offers a few extra features driven by generative AI.

Growth Strategies

BluSmart Hints At Going Global With Electric Cabs

BluSmart's journey underscores its leadership in driving EV adoption and infrastructure development in India, setting a precedent for sustainable mobility solutions worldwide.

Technology

Banking And It's Adoption Of Technology

A wide range of businesses are starting to rely heavily on artificial intelligence, and banking is no exception. AI has the potential to boost operating income by 20% and raise efficiency by up to 30%, according to research from US-based multinational corporation Accenture.

News and Trends

Fresh From Farm, Culture Circle, and Select Brands Raise Early-Stage Funding

Here are the startups that announced early-stage funding rounds.