MUMBAI, Sept 26 (Reuters) - India could be among the three fastest growing markets for JPMorgan in the Asia Pacific region next year, alongside Australia and Japan, said a top official at the Wall Street bank.
Global corporations like Apple Inc have stepped up production out of India while others like Tesla are in discussions to begin manufacturing in the country.
"But the level at which enquiry and activity is picking up in India in substantial," Gori said.
JPMorgan has expanded its investment banking team in India, adding two senior managing directors in the last 12 months.
"I think we need to distinguish between the headlines and the day to day business because China has actually been exceptionally resilient."
Persons:
Filippo Gori, Tesla, Gori, Ira Dugal, Mark Potter
Organizations:
JPMorgan, Asia Pacific, Reuters, Apple Inc, Thomson
Locations:
MUMBAI, India, Asia, Australia, Japan, China, Mumbai, Gori