India’s predictable policy regime under PM Modi’s leadership ‘supports investment and deal activity’, said top global dealmaker Anu Aiyengar, Global Head of Advisory and M&A at Wall Street powerhouse JP Morgan during an exclusive interview with Moneycontrol on July 14.
New York-based Aiyengar said, “The government has put the key enablers for growth in place with ‘Make in India’ initiative, digital infrastructure and physical infrastructure and we expect it to drive a conducive environment for growth for the country.”
She added, “India has a strong strategic position in the Asia-Pacific and its commitment to innovation and sustainability has enhanced its appeal as an investment destination. We are confident that India has all the ingredients in place to move to become a developed economy.”
Aiyengar also elaborated that due to its domestic consumption-driven economy - partially insulating it from global tariff volatility and geopolitical risks - India is viewed as a ‘defensive play’.
Read the full interview: For private equity, India has emerged as the star performer, says JP Morgan's global head of advisory and M&A Anu Aiyengar
“We expect services exports to grow consistently for India’s technology industry, and the shift in manufacturing value chains and hence growth in manufacturing exports will really provide a big opportunity for India. There is a heightened degree of dialogue around India in global boardrooms and clients want to use India as a hub for growth, for global supply chains, for technology and for talent,” JP Morgan’s veteran banker said.
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