Story thread · 5 reports / 4 sources

AI is real, and it will pay off, just as the Internet did, says JPMorganChase CEO Jamie Dimon

economictimes.indiatimes.com · 7h · first reportShare

Jamie Dimon, who's led the world's biggest bank by market cap for over two decades, has lost none of his enthusiasm for India as an investment destination, although he'd like to see some things change. In an interview with Sangita Mehta and Sruthijith KK, the chairman and CEO of JPMorganChase also said that the Indian central bank knows what it's doing with its plan to raise dollars and shore up the rupee. And, Dimon has a clear view on the Tata Sons leadership issue as well. Edited excerpts:How do you view the growth in the Indian economy?At 7.8%, India is probably the fastest-growing economy on the planet. I think it's got great prospects. It's done a lot of things over the years that have made the economy better. There are always things you can do to make it better, particularly around regulations, consistent taxing and consistent policies. My view is it's going to have a pretty bright future.Has the foreign investor enthusiasm for India cooled due to the AI rush or domestic structu