Mumbai, September 23, 2025 — At the 10th Annual India Investor Conference held in Mumbai, JPMorgan Chase underscored its commitment to fostering job creation and workforce development in India. The conference brought together global investors, policymakers, and business leaders to discuss India’s economic landscape, with a particular focus on employment opportunities and skill development.
Commitment to Job Creation
JPMorgan Chase has been a significant contributor to job creation in India. The firm plans to increase its workforce in India by 5% to 7% annually over the next few years, building upon its existing base of approximately 55,000 employees. This expansion reflects JPMorgan’s strategic investments in the country’s growing financial and technology sectors.
Workforce Development Initiatives
Beyond direct employment, JPMorgan is actively involved in workforce development initiatives aimed at equipping individuals with the skills needed for the future job market. In 2019, the firm committed USD $25 million over five years to support skill development programs in India. This initiative includes a collaboration with the World Bank to improve the quality of skills development for young people, particularly in underserved communities. The program focuses on integrating work skill training with core academic curricula to create an efficient workforce for India’s economic progress.
Addressing Employment Challenges
While discussing the broader economic environment, JPMorgan CEO Jamie Dimon highlighted the challenges posed by global trade tensions and policy changes, such as the H-1B visa reforms. He emphasized the importance of free trade and the need for India and the U.S. to strengthen their economic ties. Dimon also noted that while GDP impacts from these challenges may be moderate, employment could face more severe shocks, urging governments to provide direct support for displaced workers.
Conclusion
JPMorgan Chase’s participation in the 10th India Investor Conference reinforces its commitment to contributing to India’s economic development through job creation and workforce development initiatives. By investing in human capital and fostering strong economic ties, JPMorgan aims to support India’s growth as a global economic powerhouse.
