Blackstone ties up with Hiranandani to enter warehousing business1 min read . Updated: 25 Dec 2019, 11:22 PM IST
- The partnership would allow Blackstone to tap the growing Indian warehousing market
- The Blackstone-Hiranandani platform will initially build industrial parks at various locations
MUMBAI : Global private equity firm Blackstone Group Inc has formed a joint venture with Greenbase, a Hiranandani group firm, to develop warehousing and logistics parks across the country. This marks the entry of Blackstone, a US-based company, into the Indian warehousing and logistics sector.
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