Mukesh Ambani: BlackRock Partnership Sealed in Just 5 Minutes, India's $4.5 Trillion Opportunity

Money
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News18•04-02-2026, 19:57
Mukesh Ambani: BlackRock Partnership Sealed in Just 5 Minutes, India's $4.5 Trillion Opportunity
- •Mukesh Ambani revealed that the partnership between Reliance Industries and BlackRock for Jio BlackRock AMC was finalized in just 5 minutes.
- •BlackRock CEO Larry Fink confirmed the quick decision, stating it was made during a car journey.
- •Ambani envisions 100 new Reliance-like companies emerging in India, driven by the country's stable policies and startup ecosystem.
- •He highlighted India's $4.5 trillion economic opportunity over the next 20-30 years, predicting faster growth than other global economies.
- •Ambani emphasized embracing AI, stating India is adopting technology rapidly and should maintain a savings mindset for long-term investment growth.
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