New Delhi sources have stated that Donald Trump Jr said any talk that his family is profiting from his father's presidency is "nonsense" as he embarked on a highly publicized visit to India to promote real estate deals that bear his family's name. Meanwhile the eldest son of President Donald Trump is in India to meet the promoters and buyers of Trump brand luxury homes in the country, raising ethical concerns about using the name of the American president to promote business ventures internationally.
Presently Trump Jr, who along with his brother Eric runs the Trump Organization, said when critics talk about them "profiteering from the presidency and all this nonsense" they forget about "the opportunity cost of the deals that we were not able to do."
Accordingly the Trump Organization has licensing agreements with all its
Indian business partners. Meanwhile they build the properties and acquire the
Trump name in exchange for a fee and presently with five projects in India; the
country is the brand's largest market outside the United States. Moreover a
luxury complex is already open in the central city of Pune, with other
developments in varying stages of construction in the coastal cities of Mumbai
and Kolkata, and two in Gurgaon.
