Blackstone Aims to Double India Investment to USD 100 Billion, Says COO Jonathan Gray
· Business · Economic Times
Alternative asset manager Blackstone plans to double its investments in India to USD 100 billion, according to chief operating officer Jonathan Gray. In an interview, Gray described India as the firm's best-performing market and noted that positive sentiment surrounding the country remains strong. He identified ongoing global conflicts and rising capital costs as primary concerns for the global economy. At the same time, he pointed to steady economic momentum and the rapid adoption of artificial intelligence as key drivers of productivity. Gray stated that India is the easiest place to list a company outside of the United States.
Why it matters
The planned capital influx affects Indian corporate markets, startups, and infrastructure sectors by expanding private equity investments and creating large-scale business opportunities.
Read the original report — Economic Times
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