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Summit 2025 unites visionaries, sparks dialogue on future of business and urban policy
Summit 2025 unites visionaries, sparks dialogue on future of business and urban policy

Hans India

time3 days ago

  • Business
  • Hans India

Summit 2025 unites visionaries, sparks dialogue on future of business and urban policy

Bengaluru: The Bangalore Chamber of Industry and Commerce (BCIC) hosted the 3rd edition of its Leadership Summit 2025 on Thursday, bringing together over 150 top industry leaders, entrepreneurs, and changemakers for a day of dialogue, strategy, and shared leadership insights. Held at Hotel Holiday Inn, the summit served as a curtain raiser for BCIC's year-round leadership forums. The day featured keynote addresses from a diverse group of influential speakers representing sectors such as agritech, urban planning, digital innovation, sustainability, and hospitality. Addressing the gathering, BCIC President Prashant Gokhale said the summit was 'designed to facilitate experience sharing, strategic networking, and leadership inspiration' among C-suite professionals. The event, he added, plays a key role in setting the tone for continuous learning and engagement throughout the year. Among the most pressing issues discussed was Bengaluru's infrastructure crisis. Urban policy expert V Ravichander, Chairman of Business Feedback Insights, made a strong pitch for behavioral change at the top: 'Only when 70% of city commuters—including C-suite leaders—shift to public transport can we hope to decongest Bengaluru. Right now, it's only 45%.' Other speakers included Suborno Bose (IIHM), Gopal B. Hosur (Retd. IPS), Srikanth Iyer (HomeLane), Ravindra K. Agrawal (Kisankraft), and Maya Chandra (Mayafilms), each offering a blend of personal leadership journeys and sector-specific insights. The event underscored BCIC's continued commitment to nurturing transformative leadership and driving meaningful industry dialogue across Karnataka and beyond.

Decongesting Bengaluru: Bus user numbers must reach 70% for city to breathe free, says urban expert Ravichandar
Decongesting Bengaluru: Bus user numbers must reach 70% for city to breathe free, says urban expert Ravichandar

Economic Times

time5 days ago

  • Business
  • Economic Times

Decongesting Bengaluru: Bus user numbers must reach 70% for city to breathe free, says urban expert Ravichandar

Synopsis Bengaluru's roads can be decongested only if 70% of its citizens shift to public transport, said urban expert V Ravichandar at the BCIC Leadership Summit 2025. He urged corporate leaders to promote metro expansion, increase BMTC buses, and support waste segregation. Speakers also stressed on corporate responsibility in reducing emissions and preserving the environment. PTI Bengaluru's roads will be free of congestion only when 70% of citizens start using public transport, public spaces expert V Ravichandar said on number currently stood at 45%, he said, speaking on 'the City & Beyond: Future-ready leadership,' at the Bangalore Chamber of Industries & Commerce (BCIC) Leadership Summit 2025. "We also need to have more BMTC buses plying on the roads to replace private vehicles. The number of BMTC buses on Bengaluru roads have been stagnating at 6500 from the past 15 years. This number needs to double."He also urged the corporate leaders to start using public transport and contribute to Bengaluru's decongestion. On the city's traffic woes, Ravichandar said private cars and two-wheelers could coexist but as leaders "you have to push for public transport," he told corporate leaders. "You have to push for faster implementation of metro rail, you have to push for more buses of different sizes- small, mid and big. Get into public-private partnership, let BMTC own all buses' brand rights but find an efficient way using technology.'On the issue of waste management, he said corporate leaders of Bengaluru need to lead the way to solve the alarming garbage situation. "They need to support campaigns for garbage segregation for its effective disposal. It is a sorry state of affairs today to see garbage being dumped in the green outskirts of the city which is contributing towards polluting ground water in the outskirts." Sustainability expert T Mahesh said industries need to be more responsible in preserving the environment. 'All significant industries need to reduce their Co2 emissions, particularly steel and cement industries."BCIC president Prashant Gokhale said the BCIC Leadership Forum was exclusively curated for C-suite leaders. It is designed to bring together senior business professionals on a common platform for experience sharing, team building, business best practices, and strategic networking. It is all about inspiration, he added. Retired IPS officer Gopal B Hosur, Mayafilms founder Maya Chandra, Kisankraft chairman Ravindra K. Agrawal, Homeland CEO Srikanth Iyer, and IIHM CEO Suborno Bose also spoke at the event.

US Commerce Secretary Howard Lutnick and Second Lady Usha Vance Address USISPF Leadership Summit 2025
US Commerce Secretary Howard Lutnick and Second Lady Usha Vance Address USISPF Leadership Summit 2025

Yahoo

time04-06-2025

  • Business
  • Yahoo

US Commerce Secretary Howard Lutnick and Second Lady Usha Vance Address USISPF Leadership Summit 2025

Washington, District Of Columbia , June 04, 2025 (GLOBE NEWSWIRE) -- The U.S.-India Strategic Partnership Forum (USISPF) convened its Leadership Summit 2025 in Washington, D.C., bringing together a distinguished group of senior government and business leaders, policy makers and thought leaders to celebrate and advance the U.S.-India-Japan partnership.(L-R): John Chambers (Chairman, USISPF), Dr. Mukesh Aghi (President & CEO, USISPF), Arvind Krishna (Chairman & CEO, IBM), Secretary Howard Lutick (US Commerce), Toshiaki Higashihara (Chairman, Hitachi), Kumar Mangalam Birla (Chairman, Aditya Birla).USISPF was proud to host the Second Lady of the United States, Ms. Usha Vance, in a conversation with John Chambers, Chairman, USISPF. described the US-India relationship as 'very personal' to her, highlighting a moment of 'great opportunity' in the evolving bilateral ties. 'When we were visiting India recently, I was struck by the number of people who came up to me and said how much they loved our country, how they visited family, how they visited just for pleasure, and how they were hoping for a close relationship going forward. I think these personal ties have something to do with it.' said while reminiscing about her visit to India along with her family. She continued, speaking on her upcoming priorities, "Literacy is going to be a big focus of my efforts. It's a natural fit, given that I have small children and my own personal interests." Following her remarks, Mr. John Chambers, Chairman of USISPF, delivered opening comments emphasizing the role of innovation and public-private partnerships in strengthening bilateral ties. The Summit featured engaging discussions with Ambassador Vinay Mohan Kwatra, Ambassador of India to the United States, Congressman Rich McCormick, Co-Chairman of the India and Indian-American Caucus and Senator Steve Daines. The keynote address was delivered by the U.S. Secretary of Commerce Howard Lutnick, who outlined strategic priorities for deepening economic collaboration between the U.S. and India. 'I am a great fan of India, and even the people in the government know it's true.' stated, underscoring his long-standing admiration for the country. Drawing from his experience and understanding of India's growth, he added, "From what I know about India, the core population of India has that drive and ambition, and that's why the Indian economy will always continue to grow and thrive. It has that underpinning, and you can do things in India that, in many other countries, you just can't get done." Emphasizing the positive trajectory of ongoing trade negotiations, he stated, 'You should expect a deal between the United States and India in the not-too-distant future, because I think we have found a place that really works for both countries.' Lastly, touching upon U.S. foreign policy under current leadership, he emphasized, 'The President thinks 'America First,' but he does not think 'America only' or 'America exclusively.' He will first take care of home - so that we are big and strong - but then he is going to take care of his allies. He is going to make sure that he takes care of India - whom he deeply, deeply admires and respects - and we are going to have a great, great relationship together.' The evening culminated in the presentation of the USISPF Global Leadership Awards 2025, to Mr. Arvind Krishna, Chairman, President & CEO, IBM; Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group and Mr. Toshiaki Higashihara, Executive Chairman, Hitachi, Ltd. These leaders were recognized for their outstanding contributions in strengthening the U.S.–India–Japan economic corridor. Under the leadership of , is the largest Indian greenfield investor in the United States, with investments exceeding $15 billion. , "It is a great honor to receive the 2025 USISPF Global Leadership Award. This recognition is a testament to Aditya Birla Group's deep commitment to the U.S., and belief in the potential to further deepen the U.S.-India partnership. We are proud to have started our journey in the U.S. over 18 years ago, and to place big bets here. We continue to choose America because we believe in the strength, stability, and promise of this nation, and our commitment goes beyond capital – we are investing in people, in communities, and in long-term impact to create mutual prosperity." , was honored for his leadership in redefining the future of technology especially in AI, hybrid cloud, and quantum computing. Arvind has ensured that India continues to play a central role in the company's global expansion plan and has been passionate about championing US-India deep tech ties. Under Arvind's leadership, IBM will continue to invest $150 billion in America over the next five years to fuel the economy and accelerate its role as the global leader in computing. "I'm honored to receive this award and grateful for the support of USISPF and its allies in strengthening the U.S.-India-Japan relations,' . 'IBM has built partnerships and made sustained technology investments in each country, and I believe these collaborations provide the right foundation for powerful innovation and growth." , was honored for leading Hitachi's transformation into a leader in Energy, Mobility, Industrial Automation, and Digital Technology, driving growth through sustainable development and benefits for society. Reflecting upon Hitachi's long-standing legacy in India, and accepting the award, he remarked, 'Having first established a presence in India in 1933, Hitachi has enjoyed a rich and enduring relationship with the country. India offers Hitachi a tremendous wealth of deep technical talent, and Hitachi brings a broad spectrum of solutions to India, from Mobility to Energy Infrastructure, to Software and Services. As we continue to serve our clients globally, our collaboration with USISPF, along with strong partnerships across the public and private sectors in both the United States and India, will be pivotal in fulfilling our commitment to delivering innovations that benefit society and the planet."Second Lady of the United States, Ms. Usha Vance in conversation at the USISPF Leadership USISPF The US-India Strategic Partnership Forum (USISPF) is committed to creating the most powerful partnership between the United States and India. As the only independent not-for-profit institution dedicated to strengthening the U.S.-India partnership in Washington, D.C., and in New Delhi, USISPF is the trusted partner for businesses, non-profit organizations, the diaspora, and the governments of India and the United States. Press inquiries USISPF Ankit Jain ajain@ 2244607900 2550 M St NWWashington, DC 20037, USA A video accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

US Commerce Secretary Howard Lutnick and Second Lady Usha Vance Address USISPF Leadership Summit 2025
US Commerce Secretary Howard Lutnick and Second Lady Usha Vance Address USISPF Leadership Summit 2025

Yahoo

time04-06-2025

  • Business
  • Yahoo

US Commerce Secretary Howard Lutnick and Second Lady Usha Vance Address USISPF Leadership Summit 2025

Washington, District Of Columbia , June 04, 2025 (GLOBE NEWSWIRE) -- The U.S.-India Strategic Partnership Forum (USISPF) convened its Leadership Summit 2025 in Washington, D.C., bringing together a distinguished group of senior government and business leaders, policy makers and thought leaders to celebrate and advance the U.S.-India-Japan partnership.(L-R): John Chambers (Chairman, USISPF), Dr. Mukesh Aghi (President & CEO, USISPF), Arvind Krishna (Chairman & CEO, IBM), Secretary Howard Lutick (US Commerce), Toshiaki Higashihara (Chairman, Hitachi), Kumar Mangalam Birla (Chairman, Aditya Birla).USISPF was proud to host the Second Lady of the United States, Ms. Usha Vance, in a conversation with John Chambers, Chairman, USISPF. described the US-India relationship as 'very personal' to her, highlighting a moment of 'great opportunity' in the evolving bilateral ties. 'When we were visiting India recently, I was struck by the number of people who came up to me and said how much they loved our country, how they visited family, how they visited just for pleasure, and how they were hoping for a close relationship going forward. I think these personal ties have something to do with it.' said while reminiscing about her visit to India along with her family. She continued, speaking on her upcoming priorities, "Literacy is going to be a big focus of my efforts. It's a natural fit, given that I have small children and my own personal interests." Following her remarks, Mr. John Chambers, Chairman of USISPF, delivered opening comments emphasizing the role of innovation and public-private partnerships in strengthening bilateral ties. The Summit featured engaging discussions with Ambassador Vinay Mohan Kwatra, Ambassador of India to the United States, Congressman Rich McCormick, Co-Chairman of the India and Indian-American Caucus and Senator Steve Daines. The keynote address was delivered by the U.S. Secretary of Commerce Howard Lutnick, who outlined strategic priorities for deepening economic collaboration between the U.S. and India. 'I am a great fan of India, and even the people in the government know it's true.' stated, underscoring his long-standing admiration for the country. Drawing from his experience and understanding of India's growth, he added, "From what I know about India, the core population of India has that drive and ambition, and that's why the Indian economy will always continue to grow and thrive. It has that underpinning, and you can do things in India that, in many other countries, you just can't get done." Emphasizing the positive trajectory of ongoing trade negotiations, he stated, 'You should expect a deal between the United States and India in the not-too-distant future, because I think we have found a place that really works for both countries.' Lastly, touching upon U.S. foreign policy under current leadership, he emphasized, 'The President thinks 'America First,' but he does not think 'America only' or 'America exclusively.' He will first take care of home - so that we are big and strong - but then he is going to take care of his allies. He is going to make sure that he takes care of India - whom he deeply, deeply admires and respects - and we are going to have a great, great relationship together.' The evening culminated in the presentation of the USISPF Global Leadership Awards 2025, to Mr. Arvind Krishna, Chairman, President & CEO, IBM; Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group and Mr. Toshiaki Higashihara, Executive Chairman, Hitachi, Ltd. These leaders were recognized for their outstanding contributions in strengthening the U.S.–India–Japan economic corridor. Under the leadership of , is the largest Indian greenfield investor in the United States, with investments exceeding $15 billion. , "It is a great honor to receive the 2025 USISPF Global Leadership Award. This recognition is a testament to Aditya Birla Group's deep commitment to the U.S., and belief in the potential to further deepen the U.S.-India partnership. We are proud to have started our journey in the U.S. over 18 years ago, and to place big bets here. We continue to choose America because we believe in the strength, stability, and promise of this nation, and our commitment goes beyond capital – we are investing in people, in communities, and in long-term impact to create mutual prosperity." , was honored for his leadership in redefining the future of technology especially in AI, hybrid cloud, and quantum computing. Arvind has ensured that India continues to play a central role in the company's global expansion plan and has been passionate about championing US-India deep tech ties. Under Arvind's leadership, IBM will continue to invest $150 billion in America over the next five years to fuel the economy and accelerate its role as the global leader in computing. "I'm honored to receive this award and grateful for the support of USISPF and its allies in strengthening the U.S.-India-Japan relations,' . 'IBM has built partnerships and made sustained technology investments in each country, and I believe these collaborations provide the right foundation for powerful innovation and growth." , was honored for leading Hitachi's transformation into a leader in Energy, Mobility, Industrial Automation, and Digital Technology, driving growth through sustainable development and benefits for society. Reflecting upon Hitachi's long-standing legacy in India, and accepting the award, he remarked, 'Having first established a presence in India in 1933, Hitachi has enjoyed a rich and enduring relationship with the country. India offers Hitachi a tremendous wealth of deep technical talent, and Hitachi brings a broad spectrum of solutions to India, from Mobility to Energy Infrastructure, to Software and Services. As we continue to serve our clients globally, our collaboration with USISPF, along with strong partnerships across the public and private sectors in both the United States and India, will be pivotal in fulfilling our commitment to delivering innovations that benefit society and the planet."Second Lady of the United States, Ms. Usha Vance in conversation at the USISPF Leadership USISPF The US-India Strategic Partnership Forum (USISPF) is committed to creating the most powerful partnership between the United States and India. As the only independent not-for-profit institution dedicated to strengthening the U.S.-India partnership in Washington, D.C., and in New Delhi, USISPF is the trusted partner for businesses, non-profit organizations, the diaspora, and the governments of India and the United States. Press inquiries USISPF Ankit Jain ajain@ 2244607900 2550 M St NWWashington, DC 20037, USA A video accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump's $5 million 'Gold Card' may succeed in India, but faces legal test
Trump's $5 million 'Gold Card' may succeed in India, but faces legal test

Business Standard

time04-06-2025

  • Business
  • Business Standard

Trump's $5 million 'Gold Card' may succeed in India, but faces legal test

The Trump administration's proposed 'Gold Card' visa, which offers US permanent residency in return for a $5 million investment, could be especially popular among wealthy Indian nationals, US Commerce Secretary Howard Lutnick said on Monday. Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit 2025, Lutnick said the new visa model would offer affluent Indians a unique path into the American economy. 'I expect the Trump Card will create really an enormous opportunity for people to have the ability to come to America,' said Lutnick. 'We are going to be incredibly successful in India.' What is the Trump Gold Card? The 'Gold Card' is pitched as a replacement to the existing EB-5 investor visa. The current EB-5 scheme allows foreign nationals to secure permanent US residency through a minimum $800,000 investment that creates or preserves 10 full-time jobs. In contrast, the Gold Card proposes: A $5 million investment threshold Immediate US permanent residency, similar to a green card A streamlined route to US citizenship No obligation to create jobs Lutnick described it as 'the equivalent of a green card' but with options for tax planning. 'You can do it that way and pay global tax, or you can keep everything the way it is and just pay US tax on US assets,' he said. 'No inheritance tax, and none of that kind of stuff either.' He added, 'That's what we're going to call it—an international entrepreneur. I think it will be very well received amongst the great people of India who want to participate and have the means to participate in America.' Lutnick credited Indian entrepreneurs for their growing presence in the US business world. 'They're fantastic entrepreneurs, fantastic business people, smart, thoughtful, educated in every way,' he said. Application process and availability Interested applicants can visit to register and learn more about the process. Some cards have reportedly already been purchased in the Middle East. The Trump administration expects the initiative to raise considerable revenue. Trump has said, 'We could sell maybe a million of these cards, maybe more than that.' He projected that if 10 million cards were sold, the US could generate $50 trillion. Lutnick offered a more conservative estimate, suggesting the US could still raise $1 trillion if 200,000 people invested. But is the Gold Card visa legal? The programme has triggered legal questions over whether the President can bypass Congress to change immigration law. Piyush Gupta, vice president for India and the Middle East at CanAm Enterprises, said, 'From its inception, the EB-5 program has been legislated by Congress, and under the EB-5 Reform and Integrity Act of 2022 (RIA), it was reauthorised through September 30, 2027. Any changes to the program would require congressional approval.' The American International Lawyers Association echoed this view in a March blog post. 'As a matter of law, it is important to remember that the President cannot unilaterally end or change the EB-5 program,' the group wrote. 'Unless Congress repeals it, or passes a new or amended law,' the existing scheme is expected to remain in place. US holds the wealth crown The US has over 6 million millionaires, accounting for 37% of the world's total 10,800 centi-millionaires (with $100 million+ net worth) More than 850 billionaires From 2014 to 2024, the US millionaire population grew by 78%—the highest in the world. The Gold Card, if implemented, would put the US in line with other countries that offer investment-based residency, but with a much higher entry bar.

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