Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries Limited, stated that India has the potential to become a 25 to 30 trillion dollar economy within the next 20 to 30 years. He highlighted this opportunity as a significant moment for the country’s young population to invest and benefit from the nation’s growth.

Speaking at the Jio-BlackRock event “Investing for a New Era” held in Mumbai, during a fireside chat with BlackRock CEO Larry Fink, Ambani outlined a clear vision of India’s development journey.

Ambani emphasized that India has traditionally been a country of savers, but now it is time to convert these savings into investments. He urged that if savings are invested in capital markets, it will not only increase family wealth but also accelerate the country’s economic growth. Larry Fink supported this view, stating that long-term equity investment is the most effective way to create wealth in a fast-growing country like India.

Ambani pointed out that India’s growth is rooted in strong policies, political stability, large-scale infrastructure development, and a digital revolution. With the expansion of 5G, Digital India, and capital markets, India has become an attractive destination for long-term investments.

Focusing on artificial intelligence, Ambani said AI could bring transformative changes to education and healthcare. According to him, AI can deliver high-quality education, improved healthcare, and effective public services to 1.4 billion people in an accessible and affordable manner.

During the event, Larry Fink described India as entering an “Era of India.” Ambani concluded by saying that those who trust in India’s long-term growth will reap the greatest rewards in the coming decades.