Blackstone's Jon Gray on India investments, AI, IT stocks and RCB: Top quotes
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Blackstone aims to double its $50 billion India investment over the next five years.
- ✓President Jonathan Gray said, "India's expanding economy and stock market have changed how global investors view the country." The firm focuses on data centres and healthcare, while also betting on cricket through Royal Challengers Bengaluru ownership.
Story at a Glance
- Category
- MARKET
- Reported By
- cnbctv18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Blackstone's $100 billion India target | Blackstone has around $50 billion invested in Indian real estate and companies. President and COO Jonathan Gray told CNBC-TV18 that the firm aims to double this investment over the next five years, subject to India's continued economic growth and supportive government policies.
India's growing role in global portfolios | Gray said India's expanding economy and stock market have changed how global investors view the country. He sees India becoming a core market for investors and businesses looking to participate in its growth, including through manufacturing investments.
India's growth and investment opportunities | Gray pointed to India's recent economic growth, skilled workforce, technology capabilities and infrastructure as factors supporting its potential. He said Blackstone focuses on building businesses in sectors such as data centres, healthcare and shopping centres to serve the expanding market.
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