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Kacharagadla  •  IB Review

India is a bright spot, status not 'overdone': JPMorgan chairman Jamie Dimon

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India's status as a bright spot amid global uncertainty is not "overdone",  JPMorgan  Chairman  Jamie Dimon  told the  Economic Times  in an interview published on Monday. Citing the over-seven per cent growth, the deficit going down "quite a bit", and the government taking steps which would enable future growth, Dimon told the financial daily that India's prospects over the next 20-30 years were quite good. On impact on India's image under Modi government Dimon told the financial daily that India's image had changed in positive terms after Prime Minister Narendra Modi took charge. He added that India was the fastest growing country in the world today and that changes were being made.  Admitting that politics was "hard", Dimon described that Modi was nonetheless a "successful and strong leader". He also pointed out how foreign direct investments into the country had doubles in the last four-five years. ...