fbpx

Emerging Trends Advisors Co., Ltd.
306/82 Moo.10, Nongprue, Banglamung,
Chonburi 20150 Thailand

Home » India » Blackstone looking to invest in consumer finance, healthcare, infra sectors in India

Blackstone looking to invest in consumer finance, healthcare, infra sectors in India

Feb 23, 2019 | Emerging Trends Advisors, India

India has all the ingredients to become successful and is top performing geography for Blackstone’s private equity (PE) business, the group’s president Jonathan Gray said on Friday.

Speaking at the Economic Times Global Business Summit (GBS), Gray said Blackstone was looking at consumer finance, healthcare, infrastructure sectors in India.

“We want to be a business builder and community builder in India,” Gray said, adding that Blackstone was looking to accelerate investment in the country in the years ahead.

Gray said the government has, by and large, managed to rein in inflation and fiscal deficit. Growth, he said, was very healthy, which was leading Blackstone to India.

Make an Enquiry
Fill out the form and a member of our team will get back to you shortly. Usual response time 1-2 hours.


“Our longer-term perspective of India is: Picture Abhi baaki hai,” he said, adding India was a natural destination for the US private equity, alternative asset management and financial services firm.

The performance was the only factor driving growth at Blackstone, he said. “We don’t just invest, we intervene and innovate to help businesses grow.”

India is a natural destination for us, Gray added.

Gray, however, also pointed out that India was lagging not only in physical infrastructure but also in the financial and legal support. India needed a more cohesive regulatory help and faster dispute resolution process, he said.

The Blackstone president said that the Narendra Modi government has been doing a lot to clear the hurdles, adding India's infrastructure investment at 10 per cent of GDP was significant, he said.

He said India should allow pension funds to invest beyond liquid assets.

On the US, he said, the world’s largest economy has slowed some bit but was still robust.

Article Source: economic times

Leave a Reply

Login With Emerging Trends Advisors Or Register With Emerging Trends Advisor

Up to 15% Returns on Investment

Fixed return investments fully backed by properties.

*15% p.a. paid at the end of the term on capital gain option*

 

Submit your email address and a member of our team will contact you shortly. Usual response time is 1-2 hours.

Thai Citizenship Step-By-Step Guide

Thai Citizenship Step-By-Step Guide

Thai Citizenship Step-By-Step Guide: Foreigners with a Thai Spouse Immigration law in Thailand provides an expedited path to citizenship for those who have deep connections to the country through marriage, which means you can now apply for Thai citizenship without the...

ETA Client Alert | Hotel Operators

ETA Client Alert | Hotel Operators

ETA - Client Alert | Hotel Operators Thailand's National Council for Peace and Order (NCPO) issued Order No. 6/2562 on 12 June 2019, to temporarily suspend the enforcement of town planning and local building control regulations on specific buildings that are used for...

UP TO 15% PER YEAR FIXED RETURN

 

Flexible Terms

3 year investment plan, ideal for first-time investors.

Flexible Payment Options

Option to receive interest payments monthly or quarterly.