India Abroad

PM Modi Leaves For Davos, To Attend World Economic Forum And Pitch For Business In India

| January 22 , 2018 , 09:34 IST

Prime Minister Narendra Modi on Monday departed from New Delhi to attend the 5-day World Economic Forum in Davos, Switzerland, 21 years after the last official representation by India at the WeF in 1997.

At the 48th World Economic Forum in Davos, PM Modi will be addressing the opening plenary session, to be attended by the heads of 70 nations, while the closing address will be delivered by US President Donald Trump.

The 5-day meeting in Davos, a mountain resort in the Swiss Alps, will be attended by around 3,000 world leaders from the fields of business, politics, art, academia and civil society. Heads of 38 major organisations such as the WTO, the IMF and the World Bank will also be attending the event which is themed 'Creating a Shared Future in a Fractured World'.

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PM Modi in a series of tweets marked #IndiaMeansBusiness expressed his interest in the event.

"I look forward to my first visit to the World Economic Forum at Davos, at the invitation of India’s good friend and Founder of the WEF, Prof Klaus Schwab. The theme of the Forum, “Creating a Shared Future in a Fractured World” is both thoughtful and apt," the PM tweeted.

"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," he said.

"In recent years, India’s engagement with the outside world has become truly and effectively multi-dimensional covering the political, economic, people to people, security and other spheres," PM Modi said.

"At Davos, I look forward to sharing my vision for India’s future engagement with the international community," he said.

"Apart from the events for the @wef, I look forward to my separate bilateral meetings with the President of the Swiss Confederation H. E. Mr. Alain Berset and Prime Minister of Sweden H. E. Mr. Stefan Lofven," he added.

"I am confident that these bilateral meetings would be fruitful and give a boost to our relations with these countries and further strengthen economic engagement, " said PM Modi.

Davos will witness a hefty Indian presence with union ministers Suresh Prabhu, Piyush Goyal, Dharmendra Pradhan, MJ Akbar and Jitendra Singh in attendance. India's delegation of business leaders to the event will include Mukesh Ambani, Gautam Adani, Azim Premji, Rahul Bajaj, N Chandrasekaran, Chanda Kochhar, Uday Kotak and Ajay Singh.