World Economic Forum meet to begin tomorrow, India growth story to be watched

Jan 21 2013, 19:53 IST
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As the annual WEF jamboree begins here tomorrow, over 100 business and political leaders from India will join the world's rich and powerful.  (Reuters) As the annual WEF jamboree begins here tomorrow, over 100 business and political leaders from India will join the world's rich and powerful. (Reuters)
SummaryOver 100 business and political leaders from India will join the world's rich and powerful.

As the annual WEF jamboree begins here tomorrow, over 100 business and political leaders from India will join the world's rich and powerful, including 50 government heads, to discuss current state of economic affairs in freezing weather of this Swiss Alpine resort town.

The top leaders attending this annual Davos meet would include British Prime Minister David Cameron, German Chancellor Angela Merkel, Russian Prime Minister Dmitry Medvedev and Italy's Mario Monti, along with heads of global organisations like World Bank, IMF, WTO, United Nations, as also CEOs of hundreds of global blue-chip companies.

Indian government and India Inc will be strongly represented at the six-day event, where India's growth story and its recent slippages, amid a still struggling global

economic recovery, are expected to be closely watched and widely discussed with 'Resilent Dynamism' being the theme of this year's annual World Economic Forum (WEF) meeting.

The Indian delegation, comprising of about 100 business and political leaders, would be headed by Union Minister Kamal Nath, who emerged as one of the key strategists in the passage of contentious retail FDI bill in Parliament last month.

Nath, Minister for Urban Development and Parliamentary Affairs, would be accompanied by his senior colleague and Minister for Commerce and Industry Anand Sharma, Heavy Industries and Public Enterprises Minister Praful Patel and Power Minister Jyotiraditya Scindia.

On the sidelines of this event, which would continue till January 27, the ministers are expected to meet their government leaders from various countries, as also heads of

numerous MNCs to apprise them of steps being taken by India to strengthen its position as a robust investment destination.

The corporate India would be represented by Anand Mahindra, Chanda Kochhar, Rahul Bajaj, Azim Premji, Sunil Bharti Mittal and heads of a number of Indian companies, including IT giants like TCS, Infosys, HCL Technologies and

Mahindra Satyam.

Those expected at the WEF's 43rd annual congregation of top leaders also include billionaire industrialist Mukesh Ambani and NRI steel tycoon Lakshmi Mittal.

With a major part of the world still reeling under economic crisis, selection of the theme by the Geneva-based WEF has already faced some criticism.

But, the WEF says that the need to bring in a 'resilient dynamism' becomes much more relevant in times like these when the world is continuously faced with unexpected events of enormous consequences – ranging from financial crisis to the

Arab Spring to natural disasters like earthquake and cyclones.

Announcing the annual

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