Blackstone Launches Bengaluru Global Centre, Plans $100 Billion India Investment

Times of India · business

Investment firm Blackstone has launched its first global capability centre outside the US in Bengaluru, India. This move signals India's increasing importance to the firm's global operations. Blackstone aims to double its India investments to $100 billion over the next five years, from approximately $51 billion invested to date. The Bengaluru centre will support global functions like finance and technology, with its team expected to grow significantly. Blackstone also commented on AI's potential impact, viewing it as an opportunity rather than a widespread job threat.