New Delhi: Global private equity firm Blackstone is set to enter India’s industrial real estate market by developing logistics and warehouse assets from scratch, marking a shift from its traditional mergers-and-acquisitions-based strategy.
The company plans to capitalize on the rising demand for modern warehouses, fueled by e-commerce growth and supply chain diversification. Previously, Blackstone’s investments in India focused on acquiring existing assets. However, the company now aims to build large-scale, high-tech warehouses to meet the growing needs of industries like e-commerce, manufacturing, and third-party logistics (3PL).
Industry insiders see this move as part of Blackstone’s broader strategy to tap into India’s rapidly growing logistics sector. The company is expected to partner with local developers and leverage its expertise in real estate to drive growth in this sector.