JPMorgan India Investor Summit: Asia-Pacific Region To Drive Global Growth, Says Filippo Gori

The Indian market is showing excitement because of various combinations of elements, Gori said. "Factors like China Plus One, demographics, (and) positive economic performance are leading to excitement in India and its south-Asian peers."

He said the revolution that could happen in the payments space is huge. "Payments have proven to be a fantastic growth story and could become a 20-billion-dollar business for us globally."

Gori described India as a "fantastic" service-sector economy. "With an incredible potential for growth, the manufacturing space looks small currently," he said. In order to boost manufacturing momentum in the country, proper investment in infrastructure and strategy is vital.

The Asia-Pacific region is at the forefront in the healthcare space. Growth in public infrastructure and the digital stack is extremely important for the acceleration of the Indian economy, according to Gori.

He pointed out that 2023 had not been an easy year for mergers and acquisitions in the region, but JPMorgan is seeing "green shoots" in the front. "We expect things to start picking up."