Trump goes on the prowl in India
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[MUMBAI] American tycoon Donald Trump is looking to invest in India's hospitality industry after lending his name to luxury residential projects as the real estate mogul diversifies his businesses outside the US.
"India is a great place to invest, especially after the elections," Mr Trump, 68, who has licensing tie-ups with Pune-based Panchsil Realty and Lodha Developers Pvt, said during a press conference in Mumbai on Monday.
Prime Minister Narendra Modi's party secured India's first single-party parliamentary majority in 30 years after general elections in April and May. He pledged 1.48 trillion rupees (S$30.2 billion) last month to unclog transport links, spur power output and build cities, while also loosening restrictions on foreign investment.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
