JPMorgan Chase, the American financial behemoth, has fortified its global standing with the inauguration of two expansive technology and operations centers in Mumbai and Bengaluru. These strategic facilities reflect the company’s commitment to the growth of technology and finance sectors within India.
Positioned in Mumbai’s 23-acre Nirlon Knowledge Park, the first of these centers spans over 1.16 million square feet. Located along the Western Express Highway at Goregaon, northwest of the city, this hub will drive innovation within one of India’s largest finance and technology corridors.
The Bengaluru facility, on the other hand, encompasses 1.12 million square feet within the Embassy Tech Village, on the Outer Ring Road. These two centers will form vital parts of JPMorgan Chase’s international network, according to a company statement released on Tuesday.
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The new establishments are reflective of JPMorgan Chase’s commitment to sustained growth in India. “These centers reinforce our dedicated engagement with India and its talented workforce,” said Daniel Wilkening, Chief Administrative Officer for India’s Corporate Center at JPMorgan Chase.
The facilities are designed to be havens of efficiency, flexibility, and inclusiveness. Equipped with the latest technology, they are optimized for sustainability and holistic well-being. Deepak Mangla, CEO of Corporate Center for JPMorgan Chase India, stated, “These campuses are not just workplaces; they are ecosystems that will foster innovation and growth.”
With over 50,000 employees in India, JPMorgan Chase continues to provide critical support for every division of the firm. The banking giant’s services now span investment banking, global markets, wholesale payments, and custody services. Mumbai, Bengaluru, and Hyderabad house the company’s Indian facilities, strengthening its foothold in the region.
Source: Business Standard
