Ambani and Fink Urge Long-Term Investment in India's AI-Driven Growth, Launch Jio-BlackRock Venture
February 4, 2026
A new Jio BlackRock partnership will create a 50:50 joint venture to offer mutual funds, wealth management, and broking, combining Jio’s digital backbone with BlackRock’s investment expertise.
Ambani underscores strong momentum from policy stability, infrastructure investment, and entrepreneurial confidence, asserting sustainable 8–10% growth is attainable with continued leadership and policy continuity.
Both leaders advocate sustained investment in equities as a core pillar of India’s growth story, viewing AI as a long-term accelerator rather than a bubble and warning that underinvestment in AI poses greater risk than short-term volatility.
Ambani notes growing confidence among young entrepreneurs and the potential to launch numerous new enterprises, urging households to channel more savings into regulated capital markets to fuel scalable growth.
Fink frames India’s growth story as a potential defining global opportunity over the next two decades, emphasizing a patient, long-term investment horizon.
BlackRock’s Fink highlights India’s digitisation and tech shifts—digital rupee, ubiquitous smartphones, and the 5G rollout—as structural drivers, reinforcing India’s leadership in digital public infrastructure.
There is a focus on expanding domestic capital markets to fund growth, with retirement savings and long-term household investments serving as a foundational backbone for expansion.
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Business Standard • Feb 4, 2026
India's growth story is a multi-decade opportunity: BlackRock's Larry Fink