India a bright spot for investments despite current volatility: Blackstone

Have invested half of our Asia exposure in India… picture abhi baki hai: Jonathan Gray

Despite the recent turmoil in the Indian markets after a scathing report on the Adani group from Hindenburg Research, American private equity major Blackstone is “bullish” on the India growth story and plans to invest more in the country’s infrastructure and real estate projects.

“We have a long-term view on India, as growth will be higher here. We have invested half of our Asia exposure in India. Our extraordinary performance in India has made us bullish,” said Jonathan Gray, president and chief operating officer of Blackstone. “Picture abhi baki hai,” he added in Hindi, talking about India’s growth prospects.  

Blackstone, one of