During the 'BT at India 100’ summit held in New Delhi on August 26, an intellectually charged discussion unfolded, focusing on India's remarkable journey towards establishing itself as a global economic superpower. This panel-driven discourse brought together a consortium of experts to delve deep into the intricate dynamics shaping India's ascendancy
Atul Keshap, a retired diplomat and President of USIBC. underscored the robust partnership between the United States and India. He highlighted on their collaboration in critical technological domains such as artificial intelligence, quantum computing, defence, and cybersecurity
Atul Keshap emphasised around the shared values and vision binding the United States and India. According to him, this connection acts as a solid foundation for future synergies in emerging technological paradigms
Gautam Chikermane, Vice-President of the Observer Research Foundation, took the centrestage to scrutinise the G3 concept involving India, the United States, and China. Chikermane navigated through the complexities, acknowledging China's burgeoning influence while spotlighting the intricate challenges linked with the concept of supply chain decoupling
Gautam Chikermane suggested an alternative trajectory wherein the United States and India would form a dynamic duo – a G2 scenario. According to him, this scenario could potentially emerge as a counter to China's economic dominance, marked by collective efforts to challenge its practices
R Gopalan, a seasoned economic policy expert and former Finance Ministry secretary, dissected the practical avenues for India to realise its ambitious $25-trillion economy target by 2047. Gopalan outlined the trajectory that encompasses infrastructure development, skill augmentation, renewable energy adoption, trade integration, and a robust culture of innovation
The dialogue then transitioned to the evolving global trade landscape. Gautam Chikermane navigated these waters, underscoring India's evolving role in global leadership. He advocated for building robust public digital infrastructure and fostering an environment conducive to ease of doing business
Gautam Chikermane shared his insights on concerns surrounding inflation and unemployment. He delved into the intricacies of India's energy import dependency, offering optimism that technology advancements could serve as a catalyst to balance inflation while increasing production
In the closing stages of the discussion, Atul Keshap highlighted India's accomplishments, particularly its successful space missions. Gautam Chikermane underscored the essence of wealth creation and private sector dynamism. R Gopalan, in his closing remarks, pivoted the focus towards addressing the needs of the unorganised sector and reducing inequality, ensuring an inclusive and sustainable growth trajectory
With this enriching session coming to a close, the spotlight remained fixed on India's odyssey towards global economic supremacy. This remarkable journey, underscored by both challenges and opportunities, captures the collective imagination and steers India towards a future that promises to be transformative