In line with the theme of the World Economic Forum (WEF), “Cooperation in a Fragmented World,” India’s Ministry of Commerce and Industry said on Wednesday that the country has reaffirmed its position as a strong economy with strong leadership and stable policies for global investors.
India’s focus areas at WEF this year are investment opportunities, the infrastructural landscape, and its inclusive and sustainable growth story. The whole Indian contingent, including the national government, state governments, corporations, and authorities, has put together a united front to represent India at the global level.
“Taking forward the strategy and presence of India during the WEF Annual Meeting in May 2022, the Department for Promotion of Industry and Internal Trade (DPIIT) has taken the initiative to further strengthen India’s presence through three lounges with a focus on investment opportunity, sustainability and inclusive approach to compliment economic growth.” the ministry said
In addition, the presence of State lounges of Maharashtra, Tamil Nadu, and Telangana along with the business lounges of HCL, Wipro, Infosys, and TCS will add strength to India’s presence on the Davos promenade.
The India lounge is the focal point of all business activities taking place in conjunction with the 2023 World Economic Forum Annual Meeting. The India Lounge has held seminars, roundtables, and fireside chats on India’s growth wave, energy transition, the altering infrastructural landscape, rising digitalisation, fintech, healthcare, electronic & semiconductor supply chain, and startup ecosystem in keeping with the Government of India’s priorities.
Source: PIB