India above board than China, says Trump Jr
US President’s son says people in India think alike Americans
New Delhi, Feb. 20: Donald Trump Junior, the eldest son of US President Donald Trump, on Tuesday said that India is “substantially above board” for business compared to China, and reforms underway will help attract investments to Asia’s third largest economy from countries like US.
On a week long visit to push sales of the upcoming Trump Towers in the country, he said the “spirit” of doing business in India is much more aligned with the US way of doing business.
“As a businessman, I feel things here are substantially more above board,” he said. “I think the mentality of the people is the same. I think there is probably little bit more honesty.”
He was replying to a question during a meeting with senior editors on why Trump Organisation choose to build ultra luxury apartments in India first than in China.
Trump Organisation has licensing pacts with local business partners, M3M and Tribeca Developers, for constructing 254 apartments in a price bracket of `5.5 crore to `11 crore with a total area ranging from 3,500-4,500 square feet, at Gurugram. The project is scheduled for completion in March 2023.
“For me it has been, certainly been, easier to do” business in India, he said.
Trump Jr said India represents the biggest market outside the US for the New York-based company. “Because I am not a new comer, I have seen changes during the last decade, certainly over last couple of years,” he said. — PTI
TRUMP JR said he found it easier to do business in India as it more aligned with US way of business.
INDIA REPRESENTS the biggest market for his company after New York.