Blackstone to invest $2 bn a year in India
Financial Express Mumbai|April 04, 2024
BETTING BIG ON the Indian growth story, US private equity major Blackstone intends to invest $2 billion per annum and garner an additional portfolio of $25 billion over the next five years.
RAJESH KURUP
Blackstone to invest $2 bn a year in India

The firm, which has been present in the country for 20 years, recommends a slew of measures such as faster approvals for M&A deals and simplification of privatisation laws, its president and chief operating officer Jonathan D Gray said.

"India has been a leader for us in terms of performance in private equity, with our highest returns coming in from the country.

"We have also done incredibly well in real estate space. Building businesses that build India is the core theme at Blackstone," Gray told reporters here in Mumbai.

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