‘Under a strong leadership, India can hit $7-trillion target by 2030’, says JPMorgan CEO Jamie Dimon

Economy
‘Under a strong leadership, India can hit -trillion target by 2030’, says JPMorgan CEO Jamie Dimon

Published:

Reading time: 11 min.


Mumbai: India’s aspiration to be a $7-trillion economy by the end of the decade can be achieved as a “strong” Prime Minister Narendra Modi rolls out the digital and physical infrastructure that’s drawing multinationals involved in manufacturing advanced products and services, said Jamie Dimon, chairman and CEO, JPMorgan.

Also Read: Geopolitics is far more important than interest rates in US and Japan, says Jamie Dimon

“We bank 850 multinationals here, got 55,000 (employees) in the global service centre and that global service centre is into engineering, cyber, tech, data, and AI,” said Dimon in an interview.

“We’re one of the bigger international payment systems here. And all these things you’re doing are going to make you grow more. It’s achievable, and you need strong leadership, as you’ve had with Modi.”

The Indian government is stepping on the gas to grow at more than 7% annually and is hoping to achieve $7 trillion by 2030. It has accelerated manufacturing with PLI schemes, and is actively pushing to set up semiconductor plants.

  • Java Programming with ChatGPT: Learn using Generative AI

    Artificial Intelligence(AI)

    Java Programming with ChatGPT: Learn using Generative AI

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Basics of Generative AI : Unveiling Tomorrow's Innovations

    Artificial Intelligence(AI)

    Basics of Generative AI : Unveiling Tomorrow’s Innovations

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Generative AI for Dynamic Java Web Applications with ChatGPT

    Artificial Intelligence(AI)

    Generative AI for Dynamic Java Web Applications with ChatGPT

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Mastering C++ Fundamentals with Generative AI: A Hands-On

    Artificial Intelligence(AI)

    Mastering C++ Fundamentals with Generative AI: A Hands-On

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Master in Python Language Quickly Using the ChatGPT Open AI

    Artificial Intelligence(AI)

    Master in Python Language Quickly Using the ChatGPT Open AI

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Zero to Hero in Microsoft Excel: Complete Excel guide 2024

    Office Productivity

    Zero to Hero in Microsoft Excel: Complete Excel guide 2024

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Vastu Shastra Course

    Astrology

    Vastu Shastra Course

    By – Sachenkumar Rai, Vastu Shashtri

  • SQL for Data Science along with Data Analytics and Data Visualization

    Data Science

    SQL for Data Science along with Data Analytics and Data Visualization

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

    Web Development

    A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Mastering Microsoft Office: Word, Excel, PowerPoint, and 365

    Office Productivity

    Mastering Microsoft Office: Word, Excel, PowerPoint, and 365

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Digital marketing - WordPress Website Development

    Marketing

    Digital marketing – WordPress Website Development

    By – Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert

  • Mastering Full Stack Development: From Frontend to Backend Excellence

    Web Development

    Mastering Full Stack Development: From Frontend to Backend Excellence

    By – Metla Sudha Sekhar, Developer and Lead Instructor

  • Financial Literacy i.e Lets Crack the Billionaire Code

    Finance

    Financial Literacy i.e Lets Crack the Billionaire Code

    By – CA Rahul Gupta, CA with 10+ years of domain experience, trainer

  • Business Storytelling Masterclass

    Leadership

    Business Storytelling Masterclass

    By – Ameen Haque, Founder of Storywallahs

  • Future of Marketing & Branding Masterclass

    Marketing

    Future of Marketing & Branding Masterclass

    By – Dr. David Aaker, Professor at Haas School of Business

  • Human Potential and the Future of Employment

    HR

    Human Potential and the Future of Employment

    By – Lynda Gratton, Co-chair of the World Economic Forum Council on Work, Wages and Job Creation, Professor of Management Practice

  • ESG and Business Sustainability Strategy

    Strategy

    ESG and Business Sustainability Strategy

    By – Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader

  • Financial Reporting and Analytics

    Finance

    Financial Reporting and Analytics

    By – Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi


The US Fed was right in reducing interest rate by 50 bps, but Dimon was “cautious” about whether this could lead to a “soft landing” of the US economy. The US fiscal deficit is still high, which is inflationary and may keep rates high, he said.Read full interview here



Source link

Joya
Joyahttp://bengkelbola88.com

Related articles

spot_img

Recent articles

BengkelBola88.com provides the latest crypto, finance, and market updates, empowering readers with expert insights and trends.

© Bengkelbola88.com | All Rights Reserved