Anand Mahindra, Chairman of the Mahindra Group, has lauded Blackstone CEO Steve Schwarzman's positive remarks about India's investment potential made at the World Economic Forum (WEF) in Davos. Mahindra described Schwarzman's assessment as "massive news, even by Davos standards," underscoring its significance amidst global discussions on various geopolitical challenges.

Schwarzman reportedly hailed India as Blackstone's top-performing market globally. Mahindra emphasized that this recognition is a crucial validation of India's growth trajectory.

The World Economic Forum in Davos is considered a major global gathering, drawing leaders from business, government, and academia to discuss pressing global issues. Mahindra's statement highlights the importance of Schwarzman's comments within this influential setting.

Mahindra has been a regular attendee at Davos. In previous years, he has been a vocal proponent of India's economic potential and has actively participated in discussions on various topics, including climate change and sustainable development. In 2018, Mahindra expressed optimism about the Indian economy and its potential to become the third-largest in the world by 2030-2032. He has also emphasized that climate action represents a significant business and financial opportunity.

Blackstone, under Schwarzman's leadership, has been a significant investor in India across various sectors. Schwarzman's positive comments on India reflect the growing confidence in the Indian market as an attractive investment destination. Welspun World proposed a ₹300 crore investment in Jharkhand's plastics sector during discussions at Davos, indicating continued investment interest in India.

These endorsements from global business leaders at platforms like Davos can significantly influence investor sentiment and attract further foreign investment into the country. The Indian stock market has recently shown positive trends, driven by improved investor sentiment.