New Delhi, March 13 -- Blackstone Group Inc of the US will build out its credit and infrastructure verticals in India to complement its private equity (PE) and real estate businesses, senior executives at the firm said, adding that the firm is expecting to double its India assets under management (AUM) over the next three years.

"We have a global (credit) business of over $450 billion in assets that we hope to bring into India," Blackstone's chairman, chief execuitve officer and co-founder Stephen Schwarzman said in a media interaction in Mumbai. To be sure, Blackstone has an overall AUM of more than $1.1 trillion.

"We also think that it is very logical to try and bring (to India) our infrastructure business in the future," added Schwar...