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PM Modi to showcase India's growth story at Davos

Prime Minister Narendra Modi will deliver the keynote address at the World Economic Forum meeting in Davos on the 23rd of January.

PM Modi  will showcase the business opportunities and the reforms that have been implemented in the last three and a half years at the forum which is to be held from January 23-26 with the theme 'Creating a Shared Future in a Fractured World'. He will show the world how ‘a new, young and innovative India’ is being made through performing, reforming and transforming the nation. India has grown into a force that has to be reckoned with on the economic front.

Modi will be the first Indian Prime Minister to attend the annual meeting of the forum since 1997. He will interact with the members of the International Business Council, consisting of 120 top chief executives of major transnational corporations across sectors. 

"PM Modi will interact with top global business leaders, including leaders of major Fortune 500 companies," said commerce and industry minister Suresh Prabhu on Tuesday. Finance minister Arun Jaitley, commerce and industr .. 
Suresh Prabhu, rail and coal minister Piyush Goyal, petroleum and natural gas minister Dharmendra Pradhan and Andhra Pradesh chief minister N Chandrababu Naidu will be part of the delegation to Davos. Moreover, more than 100 CEOs and many high-profile attendees from India will participate in WEF.
Adding glamour and star-power to the event,  Bollywood king Shahrukh Khan will talk about creating a change in India through women empowerment

The ministers will represent India in around 25 sessions and elaborate on the Prime Minister's vision of transforming the nation into 'New India' by 2022. 

Reforms related to foreign direct investment, Goods and Services Tax, the recent 30 rank jump in ease of doing business, insolvency and bankruptcy code will be discussed. "Even if domestic savings increase, we need foreign investment. We should also focus on outbound investment," Prabhu added. 

 This will be the first time that India will host the welcome reception, where yoga will also be showcased along with cuisine from across the country.

Talking of global leaders, apart from Prime Minister Modi and President Trump, UK's Theresa May, Canada's Justin Trudeau, France's Emmanuel Macron, Brazil's Michel Temer and Israel's Benjamin Netanyahu are among the several heads of nations who will be participating in gathering.

Earlier this month Klaus Schwab the founder and Chairman of WEF described India as an image of optimism and promise. He also hailed Prime Minister Modi's Sabka Saath Sabka Vikas approach.

He said India's unique demographic dividend, rising tide of entrepreneurial spirit, breakthrough innovations across sectors, and remarkable pace of bold and structural reforms have boosted the macroeconomic fundamentals and enhanced the country's long-term economic outlook. Schwab said India will soon become a force to be reckoned with and will have a great role and influence in shaping a common future. 

WEF 2018 will also see the largest ever proportion of women leaders including all co-chairs being women this time.

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