Next 20-25 years will be era of India: BlackRock CEO Larry Fink

• Larry Fink sees the next 20–25 years as a defining “Era of India.”

• India is his preferred long-term investment destination.

• Growth of 8–10% is expected over the next decade or more.

• Strong domestic savings are key, alongside foreign capital.

• Wider market participation and AI investment are crucial for future leadership.

  
  

India is poised to emerge as one of the world’s most significant economic forces over the coming decades, according to BlackRock CEO Larry Fink, who described the next 20 to 25 years as a defining phase for the country’s rise.

Speaking during a fireside conversation with Reliance Industries Chairman Mukesh Ambani at an event themed “Investing for a New Era,” Fink said India stands out as the market where he would most like to deploy capital. He emphasized that the country’s growth trajectory should be viewed through a long-term lens rather than short-term cycles.

Explaining his perspective on what he termed the “Era of India,” Fink said the country’s economic expansion cannot be measured in quarters or even years. Instead, he suggested that India’s progress will unfold over decades, creating sustained opportunities for investors who are willing to commit for the long haul. In his view, this extended horizon makes India particularly compelling.

Fink also noted that India is less dependent on foreign capital than many other emerging economies. While international investment will continue to play an important role, he stressed that a strong domestic financial base is essential. According to him, the true strength of any nation lies in building its economy on domestic savings, especially retirement funds that can be channeled into long-term investments.

Looking ahead, the BlackRock chief projected that India could maintain growth rates of around 8 to 10 percent over the next decade or more. This outlook, he said, reinforces his own investment interest in the country and underlines why Indian citizens themselves should be encouraged to participate more actively in the markets.

Fink praised the Indian government’s reforms, particularly highlighting the impact of the digitised rupee and broader digital infrastructure on commerce. These advancements, he said, have modernised transactions across the economy. In contrast, he expressed concern that several other countries—including the United States—are struggling to keep pace with similar innovations.

He also underscored the importance of expanding participation in capital markets, arguing that wider investor involvement is necessary for the country to fully benefit from its growth. Encouraging individuals to think beyond short-term gains, Fink said long-term investing allows people to grow alongside India’s strongest companies and share in the nation’s progress.

Turning to technology, Fink dismissed concerns about an artificial intelligence bubble. Instead, he warned that the greater risk lies in underinvestment. If major economies fail to commit sufficient resources to AI, he cautioned, competitors—particularly China—could gain a decisive advantage. He described artificial intelligence as one of the most disruptive forces shaping global conversations today, with far-reaching implications for economic leadership in the years ahead.