US-based private equity firm, Blackstone is in talks with Indian logistics company Allcargo to buy stakes in the latter’s warehousing business for over ₹380cr. This investment is a part of the PE firm’s plan to ramp up its real-estate portfolio in India.
While India spent a long time as the outsourcing destination for global companies especially in the IT sector, it’s high time to rewrite a different story at the onset of the 4th Industrial Revolution, where smart manufacturing is no more a buzz word but everyday reality. However, not every business is ready to get onto…