Prime Minister Narendra Modi will address the gathering at the plenary session today at the annual general meeting of the World Economic Forum 2018, Davos. In a short span of 24-hour-long visit to the business summit, Narendra Modi has one clear message for the world.
“India means business” is the message with which Prime Minister Narendra Modi will address the gathering at the plenary session today. In the short span of 24-hour-long visit to Davos, Switzerland to attend the 48th Annual General Meeting of the World Economic Forum, Prime Minister Narendra Modi is going to hardsell India post a slew of structural reforms and a massive jump on World Bank’s Ease of Doing Business.
While Narendra Modi is all set to make his debut at the summit as the Prime Minister for after a gap of nearly two decades, this is not the first time when he is becoming a part of the WEF. He had been there in 2007 as Gujarat’s chief minister, then, selling the state as a special economic zone, however, at another summit called the annual meeting of Champions.
India has witnessed various reforms in four years under the leadership of Narendra Modi, along with a massive push for ‘Make in India’. The summit is happening at a time when the government is pushing for Foreign Direct Investments (FDI) in various areas. At the plenary session, Narendra Modi will talk about steps taken to a make it easier to do business in India and project the as an open economy which is ready for investments from across the world, and also as a major engine to drive the global economic growth.
Last night, the Prime Minister adressed a roundtable attended by 40 CEOs of global companies and 20 from India, in which he spoke about India’s economic development and the investment opportunities in the nation. Narendra Modi also met Swiss President Alain Berset and discussed ways to deepen bilateral ties. Alain Berset said the discussions marked the meeting of the biggest and the oldest democracies in the world. Thanking Modi, the Swiss president said he would continue to strengthen “relations” with India.