Black Rock CEO’s big claim: India is now a global power, know how this single statement will change the fate of the country

News India Live, Digital Desk: We often hear in the news that India is the fastest growing economy in the world, but when the head of the world’s largest investment company BlackRock says such a thing, then understand that the matter is something big. What BlackRock Chairman and CEO Larry Fink recently said about India has caught the attention of the whole world. The tag of ‘developing’ removed, now it is the turn of ‘established power’. For a long time, India has been called ‘developing’ or ’emerging market’ i.e. a country which is moving forward. But now Larry Fink believes that India has crossed that mark. According to him, India is no longer a ‘future possibility’, rather it has become today’s reality i.e. an ‘established power’. The simple thing is that the world no longer looks at India from the perspective of “When will it become big?”, but looks at it from the perspective of “How to move ahead together with it?” Why is so much trust in India increasing? After all, why are so many big giants of the world betting on India? There are some clear reasons for this: Digital revolution: Internet has reached every village and a strong banking system like UPI. Youth power: A large population of India is in the working age, which is becoming the engine of the global economy. Political stability: What investors like most is a government where policies do not change frequently, and India is proving itself on this front. What is the effect of Black Rock’s statement? If you do not know, then let us tell you that BlackRock manages billions and trillions of dollars in the world. When a top leader of a company like him says this about a country, then the eyes of investors all over the world focus on that country. This has a direct impact on the foreign investment (FDI) coming to India and the stock market. What next? This statement of Fink is a big seal that India is no longer one of those sitting behind on the global stage. It is also a message for those who doubted India’s capabilities. Of course, there are still many challenges left, but our identity as a ‘Global Power’ has now been confirmed. It is a matter of pride for every Indian that now the world is considering us not as a ‘trying country’ but as a ‘successful country’.