Reliance Industries and BlackRock forge partnership to transform India's asset management industry
Reliance Industries, at its Annual General Meeting (AGM) on Monday (August 28), announced a joint venture with BlackRock, the world's largest asset management company, to revolutionise India's asset management landscape. This strategic partnership, known as Jio BlackRock, aims to provide accessible and innovative investment solutions, underpinned by cutting-edge technology. Mukesh Ambani, Chairman, and CEO of Reliance Industries, expressed his excitement about this collaboration, emphasising the shared commitment to creating better financial futures. The venture marks a significant milestone in both companies' missions to make investing easier and more affordable for millions of people. Larry Fink, Chairman and CEO of BlackRock, expressed his excitement for the partnership and highlighted India's role in the global landscape. BlackRock has had a growing presence in India over the past 15 years and recognises the country's potential as a hub of digital transformati...