Davos: With nearly 100 CEOs and over a dozen government leaders here for a rare springtime annual meeting of the World Economic Forum, the Indian contingent in this Swiss ski resort town is full of confidence as it prepares to fight COVID-19. When it comes to sharing the story- 19 pandemic and attracting more investments.
Government leaders and their allies are also confident that India will be able to tell the world that its approach to the Ukraine crisis has been the most balanced, even as most world leaders are expected to gather here. They will face Russia. To fight vigorously.
Many Indian CEOs as well as government leaders feel that there is a dire need to focus on building the necessary infrastructure to fight any future pandemic and effectively defeating the current pandemic.
He feels that other key issues that will dominate the five-day event include climate change, cryptocurrencies, the role of multilateral institutions and rising costs around the world.
Some are also of the view that the evolving political situation in India in the general elections of 2024 and the various state elections before that, will be of keen interest to the global leaders gathered here, while such issues may result in social conflicts as well as income. and gender inequalities as well.
However, an Indian CEO said that almost the entire world is witnessing increasing levels of polarization and no India-specific issue should gain much momentum in a summit the size of the World Economic Forum’s annual meeting.
He said the Ukraine crisis, climate change and a pandemic-ready world are the three main issues that will be discussed here in the next five days.
indian story Davos This time is also a key component of various states making their strong pitch for investment and global cooperation.
Prominent among them are Telangana, Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra.
Of these, the Telangana team led by Minister KT Rama Rao is making a strong pitch to project its state as a major investment destination and innovator, while Karnataka Chief Minister BS Bommai has sought to attract more investments into the state. expressed confidence.
In a tweet, he said, “All set to attend the World Economic Forum Summit in Davos. Will interact with business leaders from 18 countries on important economic and environmental issues. Davos will greatly appreciate the upcoming #InvestKarnataka2022 Global Investors Meet.” will encourage.”
This will be Bommai’s first foreign visit as chief minister. His predecessor BS Yediyurappa had attended the Davos summit in January 2020.
Chief Minister of Andhra Pradesh YS Jaganmohan ReddyAlso Maharashtra minister Aaditya Thackeray and thangam thennarsu Will lead delegations from Tamil Nadu from their respective states.
Thackeray, after inaugurating the Maharashtra Pavilion along with ministers Subhash Desai and Nitin Raut here, said the state has a strong presence here this year and he intends to improve it on all global platforms, as he has “for a strong India”. A strong Maharashtra”. ,
Three Union ministers – Piyush Goyal, Mansukh Mandaviya and Hardeep Singh Puri – as well as around 100 business leaders from India are also participating in the event.
Goyal said India’s participation in the WEF’s annual meeting 2022 will help reinforce the country’s important role as an emerging economic power and position it as an attractive hub for trade and investment globally.
Apart from top industrialists like Gautam Adani, Sanjeev Bajaj, Hari S Bhartia, Shyam Sundar Bhartia, Kumar Mangalam Birla, Shobhana Kamineni, Rajan and Sunil Mittal and Pawan Munjal, a large number of young Indian business leaders are also attending the summit.
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 Riya Mazumdar Singhal, Trashcon CEO Nivedha RM and founder of Byju’s. CEO Byju Raveendran.
Asked about his expectations from Davos, CoinSwitch’s Singhal said, “There is a technological arms race going on around the world. Countries that win this race will be the next big superpower.
He added that tomorrow’s internet and businesses will be built on blockchain, and countries that are agile, move quickly and build today will benefit.
“Technology, not guns, will decide who will lead the world. It is in India’s best interest to come together on forums like Davos with its democratic partners like the US and UK and shape this technological change.
Singhal said that India is an aspirational nation and has built a service sector that global giants rely on.
“Our startup ecosystem is 100 unicorn-strong. Now, it’s time to accelerate. With Blockchain, India has the opportunity to make India the Web3 giant of tomorrow for the world. The next 100 unicorns will be built on the blockchain, and they will be the Google and Amazon of tomorrow,” said the CEO of CoinSwitch.
Pitti of EasyMyTrip said, “Being in Davos among world leaders is a great inspiration in itself to push ourselves harder and raise the flag of India a little higher.”
Pitti, an IIT Madras alumnus, said, “I am always eager to learn new perspectives and techniques from the ever-changing world, and also make the right connections to make EasyMyTrip truly global.”
Government leaders and their allies are also confident that India will be able to tell the world that its approach to the Ukraine crisis has been the most balanced, even as most world leaders are expected to gather here. They will face Russia. To fight vigorously.
Many Indian CEOs as well as government leaders feel that there is a dire need to focus on building the necessary infrastructure to fight any future pandemic and effectively defeating the current pandemic.
He feels that other key issues that will dominate the five-day event include climate change, cryptocurrencies, the role of multilateral institutions and rising costs around the world.
Some are also of the view that the evolving political situation in India in the general elections of 2024 and the various state elections before that, will be of keen interest to the global leaders gathered here, while such issues may result in social conflicts as well as income. and gender inequalities as well.
However, an Indian CEO said that almost the entire world is witnessing increasing levels of polarization and no India-specific issue should gain much momentum in a summit the size of the World Economic Forum’s annual meeting.
He said the Ukraine crisis, climate change and a pandemic-ready world are the three main issues that will be discussed here in the next five days.
indian story Davos This time is also a key component of various states making their strong pitch for investment and global cooperation.
Prominent among them are Telangana, Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra.
Of these, the Telangana team led by Minister KT Rama Rao is making a strong pitch to project its state as a major investment destination and innovator, while Karnataka Chief Minister BS Bommai has sought to attract more investments into the state. expressed confidence.
In a tweet, he said, “All set to attend the World Economic Forum Summit in Davos. Will interact with business leaders from 18 countries on important economic and environmental issues. Davos will greatly appreciate the upcoming #InvestKarnataka2022 Global Investors Meet.” will encourage.”
This will be Bommai’s first foreign visit as chief minister. His predecessor BS Yediyurappa had attended the Davos summit in January 2020.
Chief Minister of Andhra Pradesh YS Jaganmohan ReddyAlso Maharashtra minister Aaditya Thackeray and thangam thennarsu Will lead delegations from Tamil Nadu from their respective states.
Thackeray, after inaugurating the Maharashtra Pavilion along with ministers Subhash Desai and Nitin Raut here, said the state has a strong presence here this year and he intends to improve it on all global platforms, as he has “for a strong India”. A strong Maharashtra”. ,
Three Union ministers – Piyush Goyal, Mansukh Mandaviya and Hardeep Singh Puri – as well as around 100 business leaders from India are also participating in the event.
Goyal said India’s participation in the WEF’s annual meeting 2022 will help reinforce the country’s important role as an emerging economic power and position it as an attractive hub for trade and investment globally.
Apart from top industrialists like Gautam Adani, Sanjeev Bajaj, Hari S Bhartia, Shyam Sundar Bhartia, Kumar Mangalam Birla, Shobhana Kamineni, Rajan and Sunil Mittal and Pawan Munjal, a large number of young Indian business leaders are also attending the summit.
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 Riya Mazumdar Singhal, Trashcon CEO Nivedha RM and founder of Byju’s. CEO Byju Raveendran.
Asked about his expectations from Davos, CoinSwitch’s Singhal said, “There is a technological arms race going on around the world. Countries that win this race will be the next big superpower.
He added that tomorrow’s internet and businesses will be built on blockchain, and countries that are agile, move quickly and build today will benefit.
“Technology, not guns, will decide who will lead the world. It is in India’s best interest to come together on forums like Davos with its democratic partners like the US and UK and shape this technological change.
Singhal said that India is an aspirational nation and has built a service sector that global giants rely on.
“Our startup ecosystem is 100 unicorn-strong. Now, it’s time to accelerate. With Blockchain, India has the opportunity to make India the Web3 giant of tomorrow for the world. The next 100 unicorns will be built on the blockchain, and they will be the Google and Amazon of tomorrow,” said the CEO of CoinSwitch.
Pitti of EasyMyTrip said, “Being in Davos among world leaders is a great inspiration in itself to push ourselves harder and raise the flag of India a little higher.”
Pitti, an IIT Madras alumnus, said, “I am always eager to learn new perspectives and techniques from the ever-changing world, and also make the right connections to make EasyMyTrip truly global.”