Does Blackstone Want More of India’s Financial Services Business?

Blackstone is looking to significantly expand its India footprint, with President and COO Jonathan Gray outlining plans to double the firm’s India investments to $100 billion over five years. Financial services is among the sectors Blackstone sees as a key opportunity, alongside infrastructure, healthcare, real estate and growth equity. The Economic TimesThe firm has already made moves in India’s financial sector, including its investment in Federal Bank and its majority stake in ASK Investment Managers.