On July 30, US President Donald Trump announced to impose 25% tariffs on India and also said that India will also have additional penalty, as India is buying military equipment and petroleum products from Russia. After doing so much, Trump called India to the ‘dead economy’ i.e. ‘dead economy’. But on the other hand, his own company, Trump Organization, has made India the biggest base of its foreign business. According to a report by the Indian Express, in the last ten years, Trump Organization has completed seven major projects in the big cities of India – Mumbai, Pune, Kolkata and Gurugram, which has so far earned more than Rs 175 crore.
After winning the presidential election in 2024, the Trump brand accelerated its expansion in India. A few days after Trump became President again in November 2024, his company announced six new projects with Indian partner Tribaca developers. These projects have been launched in cities like Gurugram, Pune, Hyderabad, Mumbai, Noida and Bengaluru.
How does Trump’s business run in India?
The business model of Trump Organization in India runs on brand licensing. In this, Trump’s company does not invest money itself nor does any construction work. Instead, Indian real estate companies pay fees to use Trump’s name and bring luxury projects to the market by the same name. Indian developers have all the responsibility for raising, construction and sales for these projects. In this way, Trump gets a hefty amount without any economic risk. The Trump brand work in India handles Tribeca Developers, which was started by Kalpesh Mehta. Tribaca has created Trump Towers with big Indian developers like Lodha Group, Panchsheel Realty, M3M Group and Unimark.
Many projects have been made so far
The first trump project started in India in 2012, and since then the scope of the Trump brand has spread to 35 million square feet. But now it is going to increase further, which will reach 1.1 million square feet. Three big new projects have started in Gurugram, Pune and Hyderabad, whose total cost is around Rs 8,000 crore. Apart from this, new projects are also proposed in Noida, Mumbai and Bengaluru. These new projects are expected to sell Rs 15,000 crore, as Tribeca reported during the launch of the first commercial project in Pune in March this year. Apart from this, for the first time in India, Trump branded golf courses and luxury villas are also being built, although their exact place has not been revealed yet.
India becomes the biggest foreign base of Trump brand
Significantly, in 2024, Trump Organization earned $ 12 million from India, ie about 100 crores. A total of 13 projects are going on in India in the name of Trump. During the launch of a project in Pune, Trump’s son Eric Trump said, India has adopted our brand with tremendous enthusiasm. At the same time, Donald Trump Junior has described India as the fastest growing market for our business.
The Trump Organization is a family company in New York, which was launched by Donald Trump. After becoming President in 2017, he separated himself from the company’s daily functioning and gave all the responsibility to his sons, but his ownership on the company is still intact.