From Energy Security to $30 Trillion Economy: Mukesh Ambani Foresees India In Next 30 Years

Reliance Industries chairman Mukesh Ambani on Wednesday said India could become largely energy self-reliant over the next two to three decades with sustained, sensible investment. “In the next decade, India will not import 80% of its energy,” he said, outlining a long-term pathway toward domestic energy security driven by technology and capital deployment.Ambani was speaking in conversation with Larry Fink, chairman and CEO of BlackRock, one of the world’s largest investment firms. The discussion came against the backdrop of Jio BlackRock, the Indian joint venture between Reliance Industries and BlackRock.Looking beyond energy, Ambani projected a sharp expansion in India’s economic scale, saying the country’s GDP could rise from about $4.5 trillion

today to $25–30 trillion over the next 20–30 years. He described India as a multi-decade opportunity that could outpace global growth if supported by the right investments.Fink echoed the optimism, calling the next 20–25 years “India’s era.” He urged investors to take a long-horizon view, arguing that wealth creation follows sustained participation in a country’s growth rather than short-term market timing.Ambani highlighted the need for patient capital across physical and digital infrastructure, including technology access down to the village level—opportunities he said could run into hundreds of billions of dollars and generate durable, compounding returns for investors at home and abroad.Drawing on U.S. experience, Fink added that long-term investment in national growth has historically outperformed passive savings, underscoring the role of capital markets in funding development, education and productivity gains alongside India’s rise.