“The next 20 to 25 years will be the era of India,” Fink said, stressing that India’s growth story will increasingly be powered from within.
At the heart of that vision is a simple idea that getting hundreds of millions of Indians to invest in the country’s growth. Fink said India needs far more households to participate in capital markets, whether the opportunity lies in artificial intelligence, manufacturing, infrastructure or new-age services. As domestic participation deepens, India’s dependence on volatile foreign capital will reduce, making growth more stable and resilient.
On the new technologies, Fink also said that he doesn’t believe there is a bubble in artificial intelligence. “Of course, there will be some bankruptcies, but that is capitalism with some big successes and big failures,” he said.
Ambani, meanwhile, offered an inside account of how BlackRock decided to return to India through a partnership with Jio Financial Services. According to Ambani, the decision came together quickly. What started as a short five-minute meeting eventually led to a high-profile global tie-up in India’s asset management space.
The result was JioBlackRock, a 50:50 joint venture announced in July 2023, with both partners committing up to $150 million each. The aim is to build a digital-first asset management platform tailored for India’s rapidly expanding investor base. The platform is expected to leverage Jio’s technology reach and BlackRock’s global investment expertise to bring investing to a much wider audience.
For BlackRock, India is not just another emerging market allocation. It has become a core pillar of the firm’s long-term strategy. The world’s largest asset manager ended 2025 with record assets under management of $14.04 trillion. Even in a volatile global environment, India continues to stand out as a destination where long-term capital can compound.Also read: Trent Q3 Results: Cons PAT rises 3% YoY to Rs 513 crore, revenue jumps 15%
Fink has consistently argued that the global investment landscape is shifting. He has said that the “fog of global uncertainty” is lifting, with capital flows returning to dynamic markets that offer structural growth rather than short-term cycles.
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