Long-term investment case for India remains very strong: Kevin Foley, co-head of global investment banking at J.P. Morgan
J.P. Morgan sees India as a priority market, driven by strong growth, deepening capital markets and rising global relevance, said Kevin Foley, co-head of global investment banking at J.P. Morgan, speaking with Kairavi Lukka and Sangita Mehta.Oil remains the key near-term risk, though India is better placed than in previous cycles to absorb price volatility, he said. Foley said India's long-term investment case remains intact despite forieign outflows, valuation concerns and global uncertainty. …
