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Blackstone targets warehouse dominance in India but must take on risky property development bets

Business
Published on 24 April 2026
Blackstone targets warehouse dominance in India but must take on risky property development bets

Speed built its footprint yet development is the next hurdle

Blackstone is already among India’s biggest warehousing players after rapidly expanding in about 18 months. It has acquired deals from prominent warehouse operators, but further leapfrogging likely requires moving beyond acquisitions into project development. That shift brings development and execution risks, even as warehouse demand keeps rising and competitors look to scale.

  • Blackstone is already a top warehousing player in India
  • Rapid growth came largely through deals and acquisitions
  • To climb further, it needs to enter project development
  • Development risk may shape returns and timelines
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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