Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles is leading the Team India at the three day World Economic Forum (WEF) which begins today in Davos.
This year’s WEF coincides with the World Economic Forum’s 50th anniversary and 35 years of the Forum’s collaboration with India which would provide an opportunity for India to showcase its unified presence including the centre and states. To mark 75 years of Independence and ‘Azaadi ka Amrit Mahotsav’, DPIIT has taken the initiative to have a consolidated marquee India presence at World Economic Forum, Davos from 22-26 May 2022. Alongside the India Lounge, a State Lounge has also been set up.
This event, being held from 22-25 May 2022, would further help reinforce India’s position as an important and relevant stakeholder in shaping the global narrative, particularly as India assumes the presidency of the G-20 in 2023. The WEF will also be a platform to project India as an attractive investment destination in view of its robust economic growth and stable macroeconomic indicators.
In line with the Government of India’s priorities, sessions are being organised at the India Lounge keeping in mind India’s strategic advantage, existing and upcoming incentive architecture, industry investment potential and market opportunity. The key topics that would be addressed during the sessions include policy and ease of doing business reforms, energy transition, digital economy, opportunities in the National Monetization Pipeline, India as an entrepreneurial destination shaping the unicorn story, growing talents in the digital space, emphasis on innovation and research in the healthcare ecosystem.
Ahead of the Davos visit, Piyush Goyal held a pre-departure briefing session with the entire India delegation, comprising of the central and state government ministers and officials as well as representatives from the Indian industry. Deliberations took place on showcasing a consolidated India presence and adopting a common India-first strategy at the backdrop of India @75 and defining the next 25 years of the India opportunity to the world. The entire Indian delegation responded enthusiastically to Minister’s proposal and agreed to put forth a unified front during the Annual Meeting of the World Economic Forum at Davos.
