Bangalore International Centre had arranged a panel discussion on “India-US Relationships-Opportunities and challenges for the Corporate Sector” on Wednesday, 16th March, 2016 at 6.30 PM at its Auditorium. The event was organised in collaboration with IIT Alumni Centre, Bengaluru. The panellists present were Amb. Pradeep Kumar Kapur, Dean William Powers and Mr. K Jairaj. The discussion was chaired and moderated by Amb. C V Ranganathan.
The panelists stressed the historical background that both India, and large parts of the USA, were British colonies at one point of time. The Americans got their independence earlier, in late 18th century. They actively supported the Indian independence movement. After India got its independence in 1947, the bilateral relationship has gone through its ups and downs. It was highlighted that today India is an emerging market economy, with a young demographic profile, with the necessity to dynamize its economy and create millions of jobs every year to meet rising aspirations, and lift its poor above the poverty line. There are many commonalities between India and US, yet there are many differences. Both countries are at a historic point of time, when they need to build upon the strategic partnership, and give it more content and depth. Ambassador Ranganathan, who steered and moderated the panel discussion felt that the bilateral governmental cooperations apart, there is not much scope for the corporate sectors in both the countries to expand their horizon.