Blackstone says India top Asian market, eyes infra investments

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Blackstone says India top Asian market, eyes infra investments
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India will continue to be Blackstone Inc's biggest market in Asia and the private equity giant may consider infrastructure investments there in the future, a top company executive said on Tuesday.

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Gray said Blackstone will also consider investing in Indian infrastructure in the future, a sector where its peers such as KKR and Co Inc

Blackstone also plans to invest more in data centres and warehousing, said Amit Dixit, its India senior managing director, stemming from a rise in ecommerce transactions as well as India asking technology giants such as Alphabet'sEven as Blackstone remains bullish on India, Gray said more certainty around tax and capital market laws will help increase foreign investments in India.

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