This Week- World's outlook on India - Finance Ppl

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BlackStone on India's Market  

Jonathan Grey CEO of American Private equity company black Stone, says that it views India’s growth as bullish and plans to invest more in India’s infra & real estate projects.
The US based firm manages globally $915Bn AUM (total Assets under management) as per Q3 2022 data, comprising investments in Real estate, private equity, hedge funds and Insurance. Included in that AUM is $50Bn investment in India in real estate and private equity.


He said that the company has invested half of the Asian exposure in India & outside US, India is the second largest investment destination for the company, after UK.

IMF's Jan-2023 Report on India's growth  

IMF in its Jan-2023’s world economic Outlook report released on 31st Jan, has projected that India is to continue remaining the fastest growing economy in the world in 2023 and 2024, despite global conditions impeding growth.

The growth rate is Expected to be at 6.1% In 2023 moving on to 2024 with expected growth rate of 6.8 percentage, fuelled by domestic demand.