One Trump-branded project is under investigation for land-acquisition irregularities, among several projects in India now prompting conflict-of-interest concerns.
The president-elect – who has called India a “great country” – is involved in at least 16 partnerships or corporations here. Those business interests – and the financial relationship with a leading member of the governing party – will be a significant backdrop to Trump administration policy toward the world’s most populous democracy – and toward its warily hostile neighbor, Pakistan.
The Trump Organization has struck lucrative licensing deals to lend its name to a luxury high-rise Trump Tower in Mumbai, a residential project in the smaller city of Pune, a large office-and-retail complex in high-tech hub of Gurgaon, outside the capital, and another residential project and tower in Kolkata. Two Trump businesses associated with the Kolkata project were organized in November 2015, after Trump had formally begun his campaign for president.
At least 111 Trump companies have done business in 18 countries and territories across South America, Asia and the Middle East, the analysis showed, ranging from luxury real estate complexes to small holding companies and branding deals. Some of the properties had multiple entities created for a single deal, records showed.
