“India has been Blackstone’s best market for investment in the world”: Anand Mahindra quotes Blackstone CEO Stephen Schwarzman

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Anand Mahindra quoted Blackstone CEO Stephen Schwarzman as saying in the 3-minute-42-second video, “India has been Blackstone’s best market for investment in the world.

New Delhi: Mahindra Group Chairman on Wednesday tweeted a video of Blackstone Group Chairman and CEO Stephen Schwarzman discussing promising investment opportunities in India.

“India has been Blackstone’s best market for investment in the world,” Mahindra said in the 3-minute-42-second video, quoting the Blackstone CEO.

He captioned the video: “A very dramatic revelation. Other multinational companies have had similar experiences. With China slowing down, does this foreshadow a substantial inflow of investment into post-Covid India?

Mahindra’s post has been viewed over 1,51,700 times and has over 1,700 likes.n at least 24 hours.

Prime Minister Narendra Modi,n september 23, Schwarzman and discussed promising investment opportunities in India, including under the National Infrastructure Pipeline and the National Monetization Pipeline.

Schwarzman briefed PM Modi about the New York-based Alternative Investment Management Company’s ongoing projects in India and his interest in further investments in the infrastructure and real estate sectors.

“It was a pleasure to meet Mr. Stephen Schwarzman, CEO of Blackstone. His business success and intellectual acumen are commendable. We talked about India’s investment potential and why our country is one of the most attractive destinations in the world for investment,” Modi he said. tweeted.

Schwarzman briefed the Prime Minister on Blackstone’s ongoing projects in India and his interest in further investments in the infrastructure and real estate sectors. Promising investment opportunities in India, including the National Infrastructure Pipeline and the National Monetization Pipeline, were also discussed. done.” foreign Ministry in a statement.

During the meeting, the Prime Minister revealed that there is huge scope for further expansion of Blackstone’s partnership in India and elaborated on the reforms undertaken in India. Sources said he specifically talked about asset monetization and bad banks.

Blackstone announced that the fund managed by Blackstone Real Estate has acquired Warburg Pincus and Embassy Industrial Park from Embassy Group in one of India’s largest logistics transactions.n March 2021,

Chairman, CEO and Co-Founder of Blackstone Group, Schwarzman, Pension funds, one of the world’s leading investment firms investing capital on behalf of large institutions and individuals – said India has been the company’s best market for investment in the world.

First published:September 30, 2021, 11:42 am

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