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India, Indonesia bright spots for investment opportunities: BlackRock

US investment firm BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday

The BlackRock logo is seen outside of its offices in New York
The BlackRock logo is seen outside of its offices in New York
Reuters JAKARTA
1 min read Last Updated : Mar 05 2024 | 11:59 AM IST

US investment firm BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday.

Manjesh Verma, BlackRock Head of APAC Credit and Fixed Income Research, at an investment forum in Jakarta said the two emerging market countries were advantageous due to their large populations.

"Because of large population, large markets, thriving democracy, these are two countries which kind of stand out where there is a lot of investor focus and attention going in," he said.

He added, however, that India and Indonesia need to deepen their financial markets, including equity and currency markets.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Reserve Bank of IndiaThe Future of Indian EconomyIndian economic growthIndia's economic growthBlackRockIndonesia

First Published: Mar 05 2024 | 11:59 AM IST

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