Wednesday, Dec 1 2021 | Time 02:58 Hrs(IST)
Business Economy

PM Modi meets Blackstone Chief Stephen Schwarzman, discusses investment opportunities in infra

Washington/New Delhi, Sep 23 (UNI) As part of his planned interactions with top American CEOs, Prime Minister Narendra Modi on Thursday met Stephen Schwarzman, Chairman, CEO and Co-Founder of Blackstone.
During the one-o-one meeting, Schwarzman briefed the Prime Minister about Blackstone’s ongoing projects in India and their interest in further investments in the infrastructure and real estate sectors.
"Promising investment opportunities in India including those under National Infrastructure Pipeline and National Monetisation Pipeline were also discussed," a statement from Ministry of External Affairs (MEA) said.
Blackstone is a leading global investment business investing capital on behalf of pension funds, large institutions and individuals.
The Wall Street major Blackstone has been one of the top investors in India betting big on infrastructure assets.
On the high-level visit to the US on invitation of President Joe Biden, PM Modi has met top five American CEOs from different areas and highlighted the economic opportunities India offers for investors.
He also mentioned reforms carried out by the government and also talked about production-linked incentive (PLI) scheme.
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