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PM Modi plans to highlight opportunities for global investors in Indian economy


(G.N.S) Dt. 22

New Delhi

Prime Minister Narendra Modi is on his way to attend the World Economic Forum 2018 in Davos. He will be the first Indian head of government in 20 years to be a part of this summit.

During his 36-hour visit, PM Modi plans to showcase ‘New India’ and the opporunities for global investors in the Indian economy.

“The existing and emerging challenges to the contemporary international system and global governance architecture deserve serious attention of leaders, governments, policy makers, corporates and civil societies around the world,” Modi said in a statement ahead of his departure.

Information about Modi’s Davos visit:

– PM Modi will host a welcome reception for the WEF members. Nearly 1,500 people are expected to attend the event.

– He will be speaking at the plenary session on January 23. The world’s top industry leaders and heads of state and governments will be attending this annual conference.

– PM modi will be meeting Swiss President Alain Berset and the two leaders are likely to talk about mutual participation and commitment towards global initiatives. He will also meet Swedish PM Stefan Lofven.

– The prime minister will also interact with 120 members of the investor community and discuss India’s investment readiness with giants like General Motors, Nestle and JP Morgan.

– According to Ramesh Abhishek, Secretary of Department of Industrial Policy and Promotion, PM Modi will host a round table dinner today for the 60 top CEOs, including 20 from India.

– Apart from PM Modi, six Union Ministers – Arun Jaitley, Suresh Prabhu, Dharmendra Pradhan, Piyush Goyal, Jitendra Singh, MJ Akbar – will address several sessions during the summit.

– The Indian team has also flown in chefs to serve Indian food and two yoga instructors to Davos to showcase the country’s soft power.

– Bollywood actor Shah Rukh will be honoured with Crystal Award which celebrates the achievements of outstanding artists who have shown exemplary commitment to improving the state of the world. He will be awarded for his leadership in championing children’s and women’s rights in India.

– US President Donald Trump will give the keynote speech on January 26. While both the leaders are attending the summit, they will not be in Davos at the same time.

– This year, the WEF will be chaired exclusively by women members, including IMF director Christine Lagarde and Mann Deshi Mahila Sahkari Foundation founder from India Chetna Sinha, Norwegian PM Erna Solberg, IBM chief Ginni Rometty, ITUC General Secretary Sharan Burrow, CERN Director-General Fabiola Gianotti and ENGIE Chief Executive Isabelle Kocher.

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