JPMorgan says global firms looking to expand in India through M&A and IPOs

Global companies and financial backers are interested in further exploring mergers and acquisitions and initial public offerings in India as they look to benefit from the country’s economic growth, according to JPMorgan Chase & Co. executives.

Financial services, including insurance and banking, are seeing strong demand, says JPMorgan’s India investment banking chief Navin Wadhwani.