Blackstone plans to add $25 billion in India private equity assets over five years
Blackstone Inc. plans to increase its Indian private equity assets by an additional $25 billion over the next five years, citing India's growing appeal to global investors. The New York-based firm also intends to expand its investment team in India and double its office space in Mumbai. Blackstone sees India's regulatory and policy environment, economic growth, and capital markets as conducive to accelerating the creation of a large portfolio. The firm aims to focus on digital infrastructure, energy transition, key transportation sectors, export sectors, and electronic manufacturing in India.