Jamie Dimon, CEO of JPMorgan Chase (Source: JPMorgan Chase)
Jamie Dimon, CEO of America’s largest bank, JPMorgan Chase, recently shared his admiration for India’s remarkable economic and infrastructural progress during a conversation with The Times of India. Reflecting on his journey since first visiting India in 2005, Dimon highlighted how the country has transformed from cramped offices to a robust ecosystem powering over 55,000 JPMorgan employees today.
Dimon singled out the new expressway connecting Mumbai’s airport to the city as a standout improvement that “really makes a difference” for locals and visitors alike. “The nicest thing is the highway from the airport to Mumbai, it really makes a difference,” he said.
India’s Economic Growth
Dimon expressed confidence in India’s consistent annual growth rate of around 6 per cent, expecting this momentum to continue for the next two decades.
Dimon called reforms like Aadhaar and GST “excellent,” highlighting Aadhaar as an “unbelievable achievement” that showcases strong governance under Prime Minister Narendra Modi.
“Since I’ve been coming here, you’ve accomplished Aadhaar, which I think is an unbelievable achievement. You also carried out a second round of GST reforms, which I think are excellent. Those kinds of changes matter because outdated systems can cripple commerce. You launched a national infrastructure program under Prime Minister Modi. That’s important, because you need sustained investment in infrastructure,” Dimon told TOI.
JPMorgan’s Growth In India
From a modest office in 2005 with 10 investment bankers researching 20 companies, JPMorgan India now employs 55,000 people working across engineering, cybersecurity, AI, and global services, supporting operations worldwide.
“You launched a national infrastructure program under Prime Minister Modi. That’s important because you need sustained investment in infrastructure. When I first came to India, around 2005, our office was an old building in downtown Mumbai. The elevator barely held three people. Today we have over 55,000 people in India critically involved in engineering, cyber, AI, and a full range of services,” he said during the interaction.
Source: timesnownews.com
