Page 69 - IACC Newsletter August-September 2013 Issue 13

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Governor of South Carolina. At the age of 41, Haley is the youngest current governor in the United States. She is one of
two sitting Indian-American governors in the US, the other being Republican Bobby Jindal of Louisiana.
She is also one of the national Republican Party's most promising rising stars.
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'There is tremendous long-term potential for luxury products in India'
American real estate magnate Donald Trump, Chairman and President of The Trump Organization, who is gearing up for
the Republican Presidential nomination in 2016, is bullish on the Indian real estate sector.
With big plans to expand the Trump brand name in India, he is exploring strategic tie-ups with luxury home developers
in Mumbai and Delhi. In an e-mail interview with Business Line, Trump gives a glimpse of things to come.
Q: What was the idea behind entering the Indian real estate market by lending your brand name as compared with
entering as a developer?
A: India is a unique market requiring a customized hands-on approach. With a local partner, we believe our India growth
plans will be achieved. Our focus is on identifying experienced local developers who share our vision for delivering the
best luxury projects.
Q: Do you see long-term business prospect in India’s real estate market by going beyond brand licensing into real
estate development? If yes, could you provide a glimpse of your future plans for the same?
A: There is tremendous long-term potential for India and we look forward to expanding our brand with additional luxury
projects soon.
Q: Are you exploring opportunities to extend your brand licence arrangement to other sectors or projects in India in
the future?
A: The growing demand for luxury products in India is a well-known fact and India has always been an important growth
market for Trump. The brand adds significant value to ultra-luxury developments. Globally, we have a track record of
delivering the best in luxury real estate across all verticals — be in residential, hotel, commercial, retail or golf. We
believe that India holds great potential on many levels and are excited about the many opportunities here. We have set
the standard and will continue to exceed expectations with all of our developments, including Trump Towers Pune.
Q: In the future, would you be looking to target medium range projects as well?
A: Trump represents the gold standard of luxury and we will continue to deliver that promise in every market that we
enter. Trump branded projects have always been associated with the world’s premier real estate. Our buildings are