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India can thrive despite US trade, visa blows: JPMorgan

Mint Mumbai

|

September 27, 2025

US President Donald Trump's trade tariffs and sudden changes to the H-IB visa process are just friction points in India's growth trajectory, given the country's young population and strong consumption drivers, according to a senior JPMorgan executive.

- Shayan Ghosh

“They're just speed bumps. Growth is never a linear, straight line. There's always going to be bumps along the way,” Sjoerd Leenart, chief executive officer and head of banking for Asia Pacific at JPMorgan, told Mint in an interview.

He said India has a particularly strong hand with its young population, domestic consumption, and a government that is consistent in its policy. “These are the India decades,” added Leenart, who visited the country to speak at the 10th India conference of the world’s largest bank by market capitalization earlier this week.

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INDIA’S TERROR THREAT SHIFTS CLOSER HOME

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