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America’s largest slope JPMorgan and Chase CEO Jamie Dimon precocious shared his views connected India’s translation implicit the past 20 years. Speaking to The Times of India, Dimon revealed that however helium is impressed with India’s economical maturation and improved infrastructure.
He besides highlighted that helium was peculiarly impressed with caller Expressway which connected Mumbai metropolis to the airport.
Optimism connected India’s maturation story
Apart from praising India’s developed infrastructure, Dimon besides expressed his assurance successful the country’s semipermanent maturation trajectory. Dimon mentioned that the Indian system has been expanding astatine astir 6% annually and tin support the aforesaid gait for adjacent 2 decades. He besides praised reforms similar Aadhaar and the Goods and Services Tax (GST), calling them “excellent” and grounds of beardown enactment nether Prime Minister Narendra Modi.
“Aadhaar is an unbelievable achievement,” Dimon said, adding that reforms person positioned India arsenic a earthy spouse for planetary investment.“Since I've been coming here, you've accomplished Aadhaar, which I deliberation is an unbelievable achievement. You besides carried retired a 2nd circular of GST reforms, which I deliberation are excellent. Those kinds of changes substance due to the fact that outdated systems tin cripple commerce. You launched a nationalist infrastructure programme nether Prime Minister Modi.
That's important, due to the fact that you request sustained concern successful infrastructure,” Dimon told TOI.
From cramped offices to a 55,000-strong workforce
Speaking to TOI, Dimon recalled his archetypal sojourn to India successful 2005. Dimon said that the initially JPMorgan operated from a tiny downtown bureau with constricted resources. “When I archetypal came to India, astir 2005 our bureau was an aged gathering successful downtown Mumbai. The elevator hardly held 3 people. Back then, we did probe connected astir 20 companies with 10 concern bankers,” said Dimon.Fast-forward to 2025, JPMorgan present employs much than 55,000 radical successful India. The institution has aggregate teams which screen antithetic areas specified arsenic engineering, cybersecurity and planetary services. “Today we person implicit 55,000 radical successful India critically progressive successful engineering, cyber, AI, and a afloat scope of services that enactment the US and planetary operations. Investment banking has grown too. We present probe astir 200 companies globally and service Indian companies present and abroad,” added Dimon.
A elemental but striking change
When asked astir the astir noticeable improvements helium has seen successful India, Dimon pointed to thing galore Mumbai residents and visitors tin subordinate to: the road from the airdrome to the city. “The nicest happening is the road from the airdrome to Mumbai — it truly makes a difference,” helium told The Times of India.
