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2w ago

Trump Organization Expands India Footprint to 11 Million Square Feet

Pune’s inaugural Trump-branded towers, together with a $10 million Reliance deal, are fueling fee income for the organization under growing legal scrutiny of its developer partnerships.

Trump Towers
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)
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Overview

  • The organization officially opened its first Trump-branded commercial towers in Pune in March, marking its entry into India’s office space market.
  • In June, it finalized a $10 million branding agreement with Reliance’s 4IR Realty for a Mumbai development, contributing to at least $12 million in fees disclosed for 2024.
  • Six projects announced after the November 2024 election—spread across Gurugram, Pune, Hyderabad, Mumbai, Noida and Bengaluru—will lift its footprint from 3 million to 11 million square feet by year-end.
  • Under an asset-light licensing model, the Trump Organization earns 3–5 percent of project sales through upfront licensing and development fees without investing its own capital.
  • Partnerships with leading Indian developers have generated at least ₹175 crore from seven completed projects but have prompted compliance concerns under the US Foreign Corrupt Practices Act after 2023 promoter bribery arrests.