💨 Abstract

JPMorgan, the largest U.S. bank, is optimistic about India and Japan within Asia. The bank is investing heavily in India, expecting its commercial banking business focused on mid-sized companies to grow by up to 30% in the next few years. To succeed, India needs to develop its manufacturing ecosystem and scalability to benefit from the "China Plus One" strategy, which has primarily benefited Southeast Asian countries.

Courtesy: theprint.in

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