Blackstone, the world’s largest alternative investment firm, aims to double its assets in India to $100 billion, up from $40 billion, as stated by CEO Stephen Schwarzman. Celebrating 20 years in India, Blackstone seeks to expand beyond private equity and real estate into data centers, essential for artificial intelligence growth. Schwarzman highlighted India’s impressive 6.5% economic growth rate and its favorable investment climate, characterized by a young population and strong governance. Since its initial $1 billion investment in 2005, Blackstone has become India’s largest commercial landlord and the second-largest healthcare provider, managing approximately $1.1 trillion in assets globally.