Blackstone came close to giving up on India; now it calls the country its best bet
- Posted on September 19, 2026
- By Business News Today
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- 1 min read
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Blackstone came close to giving up on India; now it calls the country its best bet
Blackstones early India push struggled to gain traction, but a shift towards control stakes and sectors such as IT services, real estate and manufacturing has since made India its best-performing private equity market globally. President Jon Gray says the country is nearing a “tipping point” for faster growth, though trade and energy risks remain.
