Donald Trump talks about business
The American billionaire and real estate mogul Donald Trump is bullish on the India story. Post adding two Indian projects to his kitty one with the Panchshil Realty group in Pune and the other with Lodhas in Mumbai he is now in India for exploring deals in India’s luxury residential and hospitality market across cities such as Delhi, Bangalore, Hyderabad, Chennai and Goa.
Chasing quality rather than quantity and focusing on key projects with its brand-licensing model would be the company’s strategy in India, according to son Donald Trump Jr. Speaking exclusively on the sidelines of the formal launch of The Trump Tower Mumbai with The Lodha Group; Donald Trump Jr shared his views.
When asked as an American businessman and investor, what he makes of the India story, especially now that there is a new Government in charge he stated that he has witnessed what happened with the previous Governments. It had affected us and those projects couldn’t ultimately end up being luxury projects. With Modi’s election (as Prime Minister), they have someone with a pragmatic, pro-business approach who is regulating the market in a way that isn’t filled with corruption. That is a mindset, which can solve and bridge a lot of (India’s) infrastructure issues.
Source: The Hindu Business Line
