저자: LarryFink—제목·설명란기준출연자명시됨,영상진행자는미상 · 외국인
요약 보기
BlackRock CEO Larry Fink가 향후 20~25년을 '인도의 시대'로 규정하며 인도 주식시장이 2~4배 성장할 것이라 주장. 근거로 인도의 연 GDP 성장률 8~10% 잠재력, 디지털화·인프라 투자·젊은 인구를 제시. 인도인의 저축이 금·부동산·예금에서 자본시장(주식, 뮤추얼펀드, ETF)으로 이동해야 한다고 강조하며, Jio BlackRock 합작사 등 실행 전략을 언급. 금은 이 성장 속도를 따라가지 못할 것이라 봄.
다듬은 글
So today we are talking about BlackRock, which is the world's largest asset manager company. Recently he has made a big announcement regarding India and this announcement is presenting a completely new picture of India's economic future. Let us understand why the world 's largest investor company is making such a big bet on India.
These are the words of BlackRock CEO Larry Fink and this statement is currently making headlines all over the world. He said that the next 20-25 years will be the era of India. Think about it, this is not a small prediction. It is a vision for an entire generation. And when the world's biggest investor is saying this, its weight increases even more.
And this announcement did not happen in a closed room. This happened during a high profile event in Mumbai and who was there with Larry Fink? Reliance Industries Chairman Mukesh Ambani. So obviously, when two such big giants of the world of finance come together and say something, the whole world listens to it very attentively.
So the biggest question that arises is why India and why now? What is Larry Fing seeing that makes him make such a big claim ? Let's take a closer look at the data and reasons behind this announcement. The hero of this whole story is this number 8 to 10%. Yes, this is the estimated annual GDP growth rate that India can achieve in the next decade.
This is the one number that is the foundation of this entire vision. Now look at this chart. Here, when we compare India's projected growth with other big and developed economies of the world, the difference is clearly visible. While they are growing at a slow pace, India has the potential to grow like a rocket and it is this extraordinary potential that is attracting the attention of the entire world.
So what are the engines behind this tremendous growth ? See, the first one is digitalization and technology which India is adopting very fast. Secondly, huge investment is being made on infrastructure in the country. Third and most important is India's young population which is very dynamic and finally India has the opportunity to take a leap forward.
Meaning leaving the old technology and jumping straight to the new technology. But to realize this full potential, a major change is necessary. Fing believes this should change the way Indians save and invest. You can say this is the most important part of this puzzle. This slide shows the big change that is being talked about.
This means moving away from traditional assets like gold, real estate and fixed deposits and moving towards the capital market. Investing in financial instruments like equities, mutual funds and ETFs i.e. exchange traded funds which are directly linked to the economic growth of the country. And Fick is quite blunt about this.
He believes that the Indian equity market will double, triple and even quadruple in the next 20 years and added that he doubts gold will be able to match this pace. Just think how big and straightforward this is and the goal here is not just to bring in a few big investors. The vision is huge. The aim is to make crores of Indians directly partners in the country's growth story.
This is like creating a kind of mass movement in the capital market. But like I said, it's not just talk. BlackRock has put all its efforts into turning this vision into reality. So let's see what their action plan is, their strategy. The foundation of this entire plan is Jio BlackRock Joint Venture.
Imagine, on one hand, BlackRock's decades of global experience, and on the other, Jio Finance 's reach to every corner of India, and both have the same mission. Making investing absolutely easy and accessible to millions of Indians. Their strategy is very simple and clear. The first step is to join hands with a local partner like Reliance which understands the Indian market well.
The second step is to create a technology-first platform that is extremely easy to use. And the third most important step is to educate new investors so that they can take wise decisions. This is a very well thought out plan. So let's zoom out and look at the bigger picture. What does this change in India mean for capital and investors around the world?
Why will its impact not be limited to India only ? So what should we understand from this whole discussion ? It is clear to foreign investors that India is a long-term destination for high-growth capital. This is a signal to domestic savers in India that it is time to move away from traditional assets and look towards equities and for India's economy, increasing domestic investment means reducing dependence on foreign capital and most importantly, this is not a short-term trend but a huge opportunity that will last for many decades.
And finally we come to this most important question. Is this really the moment when India's own domestic savings will prove to be the key to unlocking the country's full economic potential ? This is really interesting to consider.
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