Davos: Stephen Schwarzman, Chairman and CEO of global investment giant Blackstone, has made a significant statement on India’s growing influence in the global economy. Heading a firm that manages assets worth approximately $1.2 trillion, Schwarzman believes that India is no longer just an emerging market; it has established itself on the world stage as a developed and influential power. According to him, compared to most countries currently classified as emerging economies, India stands out as far more resilient, structurally strong, and better prepared for the future.
