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India’s young population is a powerhouse of economic potential. JPMorganChase is supporting nonprofits to equip young people, including at-risk youth and women, with the future-ready skills they need to contribute to a more productive, creative and inclusive nation.
April 23, 2025
India, the world’s largest democracy, faces a unique challenge. While 65% of the country’s population is under 35 years of age – offering immense potential for a dynamic workforce – a significant skill gap presents a major challenge. A recent report says less than 43% of graduates are employable.
Achieving India’s goal of becoming a developed nation by 2047 – its “Viksit Bharat Sankalp” – depends on the effective education and upskilling of its labor force. Solving this complex challenge needs collaboration across sectors.
As a major employer In India, JPMorganChase has been steadfast in helping support over 100,000 young people develop new skills and access promising career pathways, leading to greater access to skilled talent. Since 2019, employees have completed more than 98,000 volunteer hours in 2023 to help advance this work.
JPMorganChase is also partnering with nonprofits, such as New Delhi-based Quest Alliance to empower young Indians to develop needed skills and experiences to access in-demand careers.
JPMorganChase’s relationship with Quest Alliance – a nonprofit that transforms learning ecosystems to build 21st century skills – began in 2018.
The bank first aided a small project supporting young women trainees from marginalized communities in Industrial Training Institutes (ITIs), which offer practical, hands-on vocational training in specific trades. Its support helped scale the project from just 15 ITIs in Delhi and the western state of Rajasthan to nearly 80 ITIs across India.
Up to 67,000 women have benefitted from the initiative, with 45% making immediate career transitions and a further 20% choosing to pursue higher studies.
“JPMorganChase has been deeply invested in strengthening not only our organizational capacity but also the broader upskilling ecosystem,” says Aakash Sethi, CEO of Quest Alliance.
“Their bold approach has enabled us to confidently venture into uncharted territory — which is both rare and critical in driving the kind of systemic change we jointly envision for the upskilling ecosystem in India.”
Learn more about JPMorganChase’s commitment to India.
