Larry Fink predicts 8-10% GDP growth for India
pre-market1 source ↓written by the desknot a recommendation
- forecasting
- 8-10% annual GDP growth
Larry Fink, Chairman of BlackRock, declared the next decade as the era of India, forecasting 8-10% annual GDP growth. He encouraged Indians to invest in capital markets rather than bank deposits, citing the benefits of compounding. Fink's remarks came during an event with Mukesh Ambani, emphasizing the need for broader investment participation in India's growth.
Not investment advice. For informational purposes only.