Anand Mahindra calls Blackstone CEO’s India praise ‘massive news, even by Davos standards’ — Here’s why

Mahindra Group Chairman Anand Mahindra on Tuesday hailed Blackstone CEO Steve Schwarzman’s praise for India at the World Economic Forum in Davos, calling his announcement “huge news” and an unprecedented endorsement for the country.

Mahindra said in a post on

Speaking to CNBC TV18 on the sidelines of WEF 2026 in Davos, Blackstone CEO on Tuesday praised the company’s India business.

“Our India business is our number one business in the world in terms of return rates on our investments,” he said.

(This is a developing story. Check back for updates)