'Indian banks in a very strong position'

Kaustubh Kulkarni, Senior Country Officer-India and Vice Chairman-Asia Pacific, J.P. Morgan, on India's economy and more

- SAKSHI BATRA

KAUSTUBH KULKARNI, Senior Country Officer-India and Vice Chairman-Asia Pacific, J.P. Morgan, talks about the outlook for the country and the role his bank wishes to play in the country.

Edited excerpts:

As this is your fourth successive win, could you please share the key strategies and initiatives that have consistently placed J.P. Morgan India at the forefront?

It means that we are doing something right.

We are working with the right clients, and we have been able to scale up our business in a very, very nice manner.

Looking ahead, what are your primary focus areas in India?

If you look at how fast our business is changing, it is a reflection of how fast India and Indian clients are changing, and in particular, if you look at the last five-year cycle, what we have seen is infrastructure, energy transition, and midcap companies have effectively become very active in addition to the technology side, innovation, and direct-to-consumer businesses. In the last five years, in particular, we have made enormous efforts to engage with all of these new and upcoming companies, and that is contributing to meaningful growth for our business.

The renewable energy, semiconductor, and electric vehicle sectors are gaining substantial momentum in India. How are you contributing to these industries?