Latest news with #BrandTrump
Hindustan Times
4 days ago
- Business
- Hindustan Times
The Trump Organization has partnered with leading Indian developers, earning nearly ₹175 cr from seven projects: Report
US President Donald Trump's family-run business, The Trump Organization, has treated India as its most significant market outside the US over the past decade. According to a report by The Indian Express, the company has earned at least ₹175 crore through partnerships with top Indian developers across seven projects in Mumbai, Pune, Kolkata, and Gurugram. The Trump Organisation has earned at least ₹ 175 crore through partnerships with top Indian developers across seven projects in Mumbai, Pune, Kolkata, and Gurugram.(Picture for representational purposes only)(Panchshil Realty website) Operating on a high-margin, zero-investment model, the firm neither buys land nor funds or constructs projects. Instead, it licenses the Trump brand for luxury real estate developments, collecting branding and development fees upfront, typically earning 3–5% of eventual sales. This asset-light approach has made India the organization's most profitable international market. 'The Trump Organization's earnings from these are yet to be disclosed, but experts said, its partnerships with the biggest builders, not only allows the Trump enterprise to tap into the most lucrative markets in the world's fastest growing economy, but also brings it continuous revenue stream with no financial risk,' the Indian Express report said. Between 2012 and 2019 alone, The Trump Organization earned $11.3 million in royalties and fees from four branded projects in Pune, Mumbai, Gurugram, and Kolkata, the Indian Express report said. By 2024, that figure had jumped. Trump's own financial disclosures show $12 million in new earnings from India, $10 million of which reportedly came from the Mumbai project. Another $2.2 million came from license and royalty fees paid by developers, the report said. 'Over the last eight months, Brand Trump has been on an aggressive expansion drive in India. Soon after his election as the 47th President of the United States of America on November 5, 2024, The Trump Organization, along with its Indian partner Tribeca Developers, announced at least six projects in Gurugram, Pune, Hyderabad, Mumbai, Noida and Bengaluru, adding up to 8 million sq feet of realty development," the IE report said. Also Read: Trump Organization enters India's office space segment: What does this mean for the Pune real estate market? From the first project announced in India in 2012, Brand Trump's footprint is set to see, by the time these projects are complete, a near four-fold expansion to 11 million square feet, a sharp jump from approximately 3 million sq ft developed until last year, the report noted. The Trump Organisation's footprint in India Of the total planned projects, three spanning approximately 4.3 million sq ft, or over half of Brand Trump's targeted footprint have already been launched this year in Pune, Gurugram, and Hyderabad. The Pune project, announced in March, marks the brand's first commercial development in the city. The properties are typically billed as luxury developments, with flats commanding a premium due to the President's name being attached to them, said the IE report. The Trump Organization, headquartered in NYC, is a family-controlled conglomerate and functions as the main holding company for Donald J. Trump's various business ventures through numerous subsidiaries spanning various industries, including real estate and hospitality. Founded and majority-held by Donald J. Trump, the organisation has his sons Donald J. Trump Jr. and Eric Trump as executive vice-presidents.
News18
5 days ago
- Business
- News18
Trump Calls India ‘Dead Economy', But His Largest Real Estate Business Outside US Is Here: Report
Until last year, the Trump Organization forged tie-ups with top builders and earned at least Rs 175 crore from 7 projects in Mumbai, Pune, Kolkata and Gurugram, said IE report Even as US President Donald Trump has called India a 'dead" economy, his family-controlled, The Trump Organization, has been seeing India as its largest market outside the US over the past 10 years, according to an Indian Express report. Until last year, it forged multiple tie-ups with top builders and earned at least Rs 175 crore from seven projects in Mumbai, Pune, Kolkata and Gurugram, as per available records. From the first project announced in India in 2012, Brand Trump's footprint is set to see, by the time these projects are complete, a near four-fold expansion to 11 million square feet, a sharp jump from approximately 3 million sq ft developed until last year, said the IE report. 'Over the last eight months, Brand Trump has been on an aggressive expansion drive in India. Soon after his election as the 47th President of the United States of America on November 5, 2024, The Trump Organization, along with its Indian partner Tribeca Developers, announced at least six projects in Gurugram, Pune, Hyderabad, Mumbai, Noida and Bengaluru, adding up to 8 million sq feet of realty development," the IE report said. Of these, three projects totalling around 4.3 million sq ft — more than half of Brand Trump's target — have already been launched in Pune, Gurugram and Hyderabad this year. The Pune project, announced in March this year, is the first Trump-branded commercial project in the city. In a statement during the launch, Eric Trump, Executive Vice President, The Trump Organization, said, 'India has embraced the Trump brand with remarkable enthusiasm". About the Trump Organization The Trump Organization is a privately held American conglomerate headquartered in Trump Tower, New York City. It serves as the principal holding company for the business interests of Donald J. Trump, the former President of the United States. Though originally founded in 1927 as Elizabeth Trump & Son by Donald Trump's grandmother and father, it was rebranded as the Trump Organization in 1971 when Donald Trump took control. Business Areas: The Trump Organization operates across several sectors, with a strong focus on real estate development, hospitality, golf resorts, and brand licensing. It owns and manages luxury residential towers, hotels, and commercial properties across the U.S. and internationally. The company also operates high-end golf courses under the 'Trump National" brand, including notable ones in Florida, New Jersey, Scotland, and Ireland. In addition, it has earned substantial revenue by licensing the Trump name to real estate and consumer products around the world. It lends its brand for upfront licence fees, or development fees, which could be construction-linked or, in most cases, a 3-5 per cent share in project sales. The properties are typically billed as luxury developments, with flats commanding a premium due to the President's name being attached to them, said the IE report. Leadership: The organization is primarily led by Eric Trump and Donald Trump Jr., both serving as Executive Vice Presidents. Eric Trump is more involved in the operational aspects of the business, including property management and development, while Donald Trump Jr. focuses on business strategy and branding. Though Donald Trump stepped back from management duties during his presidency, he retained full ownership and has since returned to playing an influential role in the company's direction. Legal and Financial Issues: The Trump Organization has been the subject of multiple investigations and legal challenges, particularly concerning tax practices, asset valuation, and business ethics. These issues have led to high-profile lawsuits and increased regulatory scrutiny, especially from authorities in New York. Some court rulings have resulted in financial penalties and restrictions on business operations in certain jurisdictions. Public Profile: The company gained significant global visibility through Donald Trump's reality TV career, especially via The Apprentice, and later during his tenure as U.S. President. While the brand once symbolized luxury and success, public and political controversies have affected its reputation, leading some business partners to distance themselves from the Trump name. Private Ownership: As a privately held entity, the Trump Organization is not subject to public financial disclosures like publicly traded companies. Most of its operations and financial details remain confidential, with management and control largely kept within the Trump family. About the Author News Desk The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk More Get breaking news, in-depth analysis, and expert perspectives on everything from politics to crime and society. Stay informed with the latest India news only on News18. Download the News18 App to stay updated! tags : donald trump view comments Location : New Delhi, India, India First Published: August 06, 2025, 14:12 IST News india Trump Calls India 'Dead Economy', But His Largest Real Estate Business Outside US Is Here: Report Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. 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Indian Express
5 days ago
- Business
- Indian Express
Since first term, Trump real-estate footprint in India expands 3-fold to 11 million sq feet in 6 cities
US President Donald Trump may have called India a 'dead' economy for which he couldn't care less, but for his family-controlled The Trump Organization, India is now the largest market outside the US over the last 10 years. Until last year, it forged multiple tie-ups with top builders and earned at least Rs 175 crore from seven projects in Mumbai, Pune, Kolkata and Gurugram, as per available records. Over the last eight months, Brand Trump has been on an aggressive expansion drive in India. Soon after his election as the 47th President of the United States of America on November 5, 2024, The Trump Organization, along with its Indian partner Tribeca Developers, announced at least six projects in Gurugram, Pune, Hyderabad, Mumbai, Noida and Bengaluru, adding up to 8 million sq feet of realty development. The Trump Organization's earnings from these are yet to be disclosed, but experts said, its partnerships with the biggest builders, not only allows the Trump enterprise to tap into the most lucrative markets in the world's fastest growing economy, but also brings it continuous revenue stream with no financial risk. Of these, three projects totalling around 4.3 million sq ft — more than half of Brand Trump's target — have already been launched in Pune, Gurugram and Hyderabad this year. From the first project announced in India in 2012, Brand Trump's footprint is set to see, by the time these projects are complete, a near four-fold expansion to 11 million square feet, a sharp jump from approximately 3 million sq ft developed until last year. These new ventures bring a sales potential of an estimated at least Rs 15,000 crore, Tribeca shared during the Pune launch of its first commercial development project in March this year. The Trump Organization does not invest directly in construction. It lends its brand for upfront licence fees, or development fees, which could be construction-linked or, in most cases, a 3–5 per cent share in project sales. The properties are typically billed as luxury developments, with flats commanding a premium due to the President's name being attached to them. Those executing the projects in India include big corporates like Mukesh Ambani's Reliance Industries Ltd (RIL) and established real estate companies such as the Lodha Group, M3M Group, Panchshil Realty, IRA Infra, and Unimark. Kalpesh Mehta-led Tribeca Developers is the official partner of The Trump Organization in India. The Indian Express reached out to the Reliance Group, Tribeca Developers, M3M Group, Unimark Group and Panchshil Group as well as The Trump Organization for this report, but did not receive any comment. The Lodha Group said it is not planning any Trump-branded project at the moment. The Trump Organization, headquartered in NYC, is a family-controlled conglomerate and functions as the main holding company for Donald J. Trump's various business ventures through numerous subsidiaries spanning various industries, including real estate and hospitality. Founded and majority-held by Donald J. Trump, the organisation has his sons Donald J. Trump Jr. and Eric Trump as executive vice-presidents. Until 2017, Donald J. Trump functioned as the president and CEO of The Trump Organization. Upon being elected the President of the USA in 2017, he 'stepped down from day-to-day management' and handed over the operational responsibilities to his sons while retaining the majority-ownership through a trust. Since 2021, he has been described as the chairman of the organisation. Days after he was elected President for the second time, The Trump Organization floated on November 14, 2024, four companies to license the Trump brand name in India. These are: DT Marks Noida 94 LLC, DT Marks Gurgaon 111 LLC, DT Marks Gurgaon 69 LLC, and DT Marks Pune Mundhwa LLC. A month prior to the US elections, DT Marks Hyderabad LLC was incorporated on October 16. The Pune project, announced in March this year, is the first Trump-branded commercial project in the city. In a statement during the launch, Eric Trump, Executive Vice President, The Trump Organization, said, 'India has embraced the Trump brand with remarkable enthusiasm'. In 2024, The Trump Organization received at least $12 million from India, as per his annual financial disclosure report. A bulk of this, $10 million, was paid as 'development fees' by Reliance 4IR Realty, a subsidiary of RIL. Tribeca Developers, M3M subsidiaries, the Lodha Group, Unimark and the RDB Group, paid about $2.2 million as licence and royalty fees for the properties in Gurugram, Mumbai and Kolkata, public financial disclosures by Donald Trump show. Around the time Trump commenced his first tenure as the President in 2017, The Trump Organization entered two realty projects in Kolkata and Gurugram. Earlier, Trump lent his brand to a project each in Pune (2012) and Mumbai (2013). Between 2012 and 2019, The Trump Organization earned up to $11.3 million in fees and royalties from its four India projects — $6 million through DT Marks Worli LLC and $1 million each through DT Marks Pune LLC, DT Tower Gurgaon LLC and DT Tower Kolkata LLC by 2017, according to various tax declarations. In the first two years of his presidency, it had earned $2.3 million, said the New York Times in a report on September 27, 2020. Of the 13 Trump-branded projects in India, two have been completed, two are nearing completion, and three are in early stages of development, three are awaiting launch, two are stalled, and one by Reliance 4IR is yet to be announced. Earlier, Donald Trump Jr, the other Executive Vice President of The Trump Organization, identified India as 'the biggest push for our organization' on the website of Tribeca Developers, its licensed partner in India. Tribeca is founded by Mehta, an alumnus of University of Pennsylvania's Wharton School, who in an interview to Hindustan Times last November, said he was introduced to Trump Jr (also from Wharton) by a professor who made the deal happen.
