India at Davos: More investments, infra on leaders' minds

May 23,2022

India at Davos: More investments, infra on leaders' minds

Leaders, CEOs present at Davos
Nearly 100 CEOs and over a dozen government leaders from India are at the ski resort town of Davos for a rare springtime annual meeting of the World Economic Forum.

Main issues at Davos
The Ukraine crisis, climate change and preparing a pandemic-ready world are the three main issues that would dominate the discussions over the next five days. The Indian contingent is brimming with confidence about sharing their story of fighting the COVID-19 pandemic and of attracting more investments.

​Three union ministers
Three union ministers -- Piyush Goyal, Mansukh Mandaviya and Hardeep Singh Puri -- are participating in the event. Goyal said India's participation in the WEF Annual Meeting 2022 will help reinforce the country's crucial role as a rising economic powerhouse and project it as an attractive hub for business and investment globally.

Investments and global collaborations
The Indian story at Davos this time also has a key component of various states making their respective pitches for investments and global collaborations. Prominent among those are Telangana, Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra.

Telangana to make a strong pitch
The Telangana team led by minister K T Rama Rao will be making a strong pitch for presenting his state as a key investment destination and innovator.

​Bommai expresses confidence
Karnataka Chief Minister B S Bommai expressed confidence about attracting more investments into the state. He tweeted that he will be interacting with business heads of 18 countries on economic and environmental issues.

​More leaders
Andhra Pradesh Chief Minister Y S Jaganmohan Reddy, as also Maharashtra minister Aditya Thackeray and Thangam Thennarasu from Tamil Nadu will lead the respective delegations from their states. Thackeray said the state has a strong presence in Davos and that they intend to make it better at all global platforms.

​Top industrialists
Top industrialists such as Gautam Adani, Sanjiv Bajaj, Hari S Bhartia, Shyam Sunder Bhartia, Kumar Mangalam Birla, Shobana Kamineni, Rajan and Sunil Mittal and Pawan Munjal are attending the summit.

​Young business leaders
A large number of young Indian business leaders are also there. These include Serum Institute CEO Adar Poonawalla, HCL Tech Chairperson Roshni Nadar Malhotra, CoinSwitch Founder and CEO Ashish Singhal, EaseMyTrip Co-Founder Prashant Pitti, Oyo Rooms CEO Ritesh Agarwal, Ecoware Solutions CEO Rhea Mazumdar Singhal, Trashcon CEO Nivedha RM and BYJU'S founder and CEO Byju Raveendran.