US-India economic ties set to scale greater heights in spite of many challenges: experts
August 23, 2015
University Club of Washington, DC, hosts panel discussion.
WASHINGTON, DC: The economic relations between the United States and India are set to scale greater heights in the coming years, in spite of several impediments, according to a panel of experts who dissected the bilateral economic ties between the two largest democracies in the world.
Richard M. Rossow, Wadhwani Chair in U.S. India Policy Studies at the Center for Strategic and International Studies, Sanjeev Joshipura, founder and president of SJ Consulting, Marcia Wiss, Of Counsel at Hogan Lovells US LLP, and T.D. Sivakumar, chief North America representative of Export-Import Bank of India, also agreed that businesses will continue to play a huge role in driving the bilateral relations.
They were speaking on a panel discussion, titled “Future outlook for the U.S.-India economic partnership,” hosted by the International Committee of the University Club of Washington, DC, on July 14.
“India is shaping up to be the economic success story of 2015,” moderator Rokas Beresniovas, a vice president of Business Development at State Bank of India (California), pointed out. “Its economy is growing faster than China’s, as well as the most of any major economy in the world. It will surpass Russia’s this year in size and nearly equal Brazil’s in 2016, according to new data from the IMF.” Read more.