7 months ago

Global Firms Highlight India Growth Plans

Global Firms Highlight India Growth Plans
What they say on their India plans · thehindubusinessline.com

Big companies from around the world are talking about how important India is for their business.

They are saying that India is growing fast and they want to invest more there.

Some companies, like Blackstone, are focusing on real estate and private equity.

Others, like PPG, are seeing big growth in India and think it will continue.

A.O. Smith is planning to grow by 10% in India.

Whirlpool sold some of its shares in India but still sees it as an important market.

Epiroc is expanding its digital and research work in India.

AB SKF is seeing good demand in industries like heavy machinery and farming.

DWS Group is forming a new company in India to take advantage of the growing market there.

All these companies think India is a great place to do business and are making plans to grow there.

Key facts

Blackstone Inc
Core market for private equity and real estate
PPG Industries
Key driver of Asia-Pacific growth
A.O. Smith
Projected 10% growth in India
Whirlpool
Reduced stake to 40%
Epiroc
Expanding digital and R&D footprint
AB SKF
Strong demand in heavy industries and agriculture
DWS Group
Joint venture with Nippon Life

Quotes

Blackstone Inc

Global alternative asset manager

“India continues to be a major focus for us and is likely where we’ll see more real estate activity, supported by the underlying health of the economy and IPO market. We are among the leading foreign investors in India across private equity and real estate.”
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PPG Industries, Inc.

US coatings maker

“India has delivered double-digit growth for us throughout most of 2025, and we expect that momentum to continue into 2026, making it a major contributor to our Asia-Pacific growth story.”
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A.O. Smith Corporation

US water technology company

“We project our India business, including Pureit, to grow around 10 per cent as we leverage brand synergies and introduce new products. India remains a key growth market where we continue to invest and see strong organic opportunities.”
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Whirlpool Corporation

US appliance maker

“We completed the India share sale in November, reducing our stake to 40 per cent, which supported debt reduction and delivered around 40 basis points of margin accretion. India is now one of our minority-stake markets that we continue to actively evaluate.”
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Epiroc AB (publ)

Swedish mining and infrastructure equipment maker

“We partnered with Hindustan Zinc to implement digital collision avoidance systems across its mines in India. India is now our fifth-largest market by employees, with over 1,300 staff, and is growing at high double digits as we build a global production and R&D hub in the country.”
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AB SKF (publ)

Swedish bearings maker

“We continue to see good demand development in India, particularly across heavy industries, agriculture, and automation. Commercial vehicles are developing well, although the automotive aftermarket has been softer in the region.”
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DWS Group GmbH & Co. KGaA

German asset manager

“Our intended joint venture with Nippon Life India Asset Management provides a strong platform in a fast-growing market, supporting growth across Active, Passive and Alternatives by combining local expertise with DWS’ global reach.”
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Sources

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