Published: Sep 27, 2023, 06:55 IST | Updated: Sep 27, 2023, 06:55 IST
JP Morgan is placing its bets on India as it emerges as one of the three fastest-growing markets in the Asia Pacific region for the upcoming year. As of the financial year ending march 31, 2024, India is projected to achieve a 6.5% growth rate, outpacing other major economies. This robust growth is driving global corporations like apple and tesla to ramp up their production and manufacturing efforts within the country.