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January 18, 2024

India reinforces its status as a Resilient Global Economy and a Preferred Investment Destination at Davos.

World Economic Forum

Photo: Impressions from the World Economic Forum Annual Meeting 2024 in Davos-Klosters, Switzerland. January 11, 2024. Image provided by & copyright © World Economic Forum/Pascal Bitz.

New Delhi, January 18, 2024 — The 54th Annual Meeting of the World Economic Forum (WEF) takes place from January 15 to January 19, 2024, in Davos, Switzerland, with India being the center of attention under the theme “Building Trust.” WEF’s workstreams align with India’s vision of growth, carbon neutrality, sustainability, a robust economy, and the concept of “Vasudhaiva Kutumbakam: The World Is One Family,” which India championed during its G20 presidency. India’s presence at Davos reinforces its status as a resilient global economy and a preferred investment destination.

Smriti Irani, Minister of Women & Child Development; Hardeep Singh Puri, Minister of Petroleum & Natural Gas, Housing & Urban Affairs; Ashwini Vaishnaw, Minister of Railways, Communications, Electronics & IT; and RK Singh, Secretary, DPIIT, Ministry of Commerce & Industry will lead the Government of India. They will participate in various sessions of the World Economic Forum, discussing topics such as Education, Biofuels, Gender Gaps, Renewables, Semiconductors, and Manufacturing alongside other global political and business leaders.

India’s presence at WEF secures four distinct spaces, each dedicated to illuminating the India Opportunity and unfolding its Growth Story to global investors:

The India centers started with a compelling panel discussion on “Beyond Borders: India’s Impact on the World Stage” on the first day. Organized as a cornerstone event, the panel delved into India’s evolving role in the global landscape. PHDCCI, in collaboration with Invest India, organized this panel, providing a comprehensive exploration of India’s contributions and influence worldwide, offering insights that resonate beyond geographical borders.

The India Engagement Centres will catalyze meaningful dialogues and initiatives, solidifying their role as pivotal hubs for fostering collaboration and business cooperation on international fronts.

At WEF, 21 sessions will be held over five days, showcasing India’s opportunities and opening doors for discussion on Manufacturing, Technology, Gender-based impact, Sustainability, Mobility, Startups, Healthcare, AI, etc.

In tandem with the India Lounges, the establishment of five State Lounges underscores India’s consolidated and prominent role at WEF, fostering collaboration and discourse on a global scale. The five states include Karnataka, Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh.

The Indian business representatives number over 80, and a few Indian companies have established their presence through Lounges in Davos. CII would organize sessions and media panels to promote various aspects of India’s growth story and its successful leadership of the B20. In addition, PHDCCI is also actively participating in showcasing various strong themes representing opportunities in India.

Source: Ministry of Commerce & Industry, Government of India

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Edited & Posted by the Editor | 1:36 PM | Link to this Post

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