JP Morgan bets on India capex: ICICI Bank, L&T, Dixon among top picks in new growth cycle
- Posted on October 1, 2026
- By Financial Express
- 2 Views
- 1 min read
JP Morgan identifies significant investment opportunities in India's evolving economic landscape, focusing on three pillars: private sector capital expenditure, manufacturing expansion, and financial services growth. The investment bank highlights ICICI Bank, Larsen & Toubro, and Dixon Technologies as strategic beneficiaries of India's structural transformation. These sectors are positioned to capitalize on increased domestic investment, infrastructure development, and rising consumer demand across emerging markets.
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