JPMorgan Chase CEO Jamie Dimon has spoken highly of India’s progress over the last two decades, describing the country’s transformation as remarkable. He highlighted both economic reforms and infrastructure improvements as key drivers of this change, while also pointing to his company’s substantial growth in India.

India’s Transformation Over Two Decades

Dimon emphasized that India has undergone a significant shift in recent years, with its economy showing strong momentum and infrastructure projects reshaping urban connectivity. He drew attention to the new Mumbai airport expressway as an example of how modern developments are improving efficiency and accessibility in one of the country’s busiest cities.

Praise for Aadhaar and GST Reforms

Among the reforms that stood out to Dimon were Aadhaar and the Goods and Services Tax (GST). He described Aadhaar as an “unbelievable achievement,” underscoring its role in streamlining identification processes for millions of citizens. Similarly, he acknowledged GST as a reform that has simplified taxation across states, contributing to greater economic integration within the country.

JPMorgan’s Expanding Presence in India

Dimon also highlighted JPMorgan’s own journey in India. What began as a small office presence has now grown into a major operation employing more than 55,000 people across different sectors. This expansion reflects both India’s growing importance in global finance and JPMorgan’s confidence in the country’s long-term potential.

Infrastructure Driving Economic Growth

The mention of the new Mumbai airport expressway illustrates how infrastructure is playing a pivotal role in supporting India’s economic rise. Improved transport links not only enhance mobility but also create opportunities for businesses to operate more efficiently, further reinforcing investor confidence in the market.

A Global Perspective on India’s Progress

Dimon’s remarks place India within a broader global context where emerging markets are increasingly shaping financial strategies for multinational corporations. By praising reforms like Aadhaar and GST alongside infrastructure upgrades, he signaled recognition of India’s efforts to modernize its systems while maintaining steady growth momentum.

In summary, Jamie Dimon’s comments reflect both admiration for India’s achievements and optimism about its future trajectory. From transformative reforms such as Aadhaar and GST to large-scale infrastructure projects like the Mumbai airport expressway, these developments have positioned India as a key player on the global stage. For JPMorgan, the expansion from a modest office to employing tens of thousands underscores how international businesses are aligning themselves with this growth story—an indication that confidence in India remains strong and forward-looking.