Modi Davos speech highlights: ‘India is laying red carpet for businesses, killing red tape’

Modi in Davos LIVE: Prime Minister Narendra Modi will one of the major attendees among the world leaders at the World Economic Forum in Davos Switzerland. The event will be held from January 23-26.

Modi Davos speech highlights: ‘India is laying red carpet for businesses, killing red tape’
PM Narendra Modi to speak shortly. (ANI)

PM Narendra Modi in Davos WEF 2018:

7: 06 pm: The world applauds 1.3 bn people of India at the WEF in Davos appreciating the remarkable transformation in improving the business climate. PM Narendra Modi interacted with the top global CEOs at the International Business Council event.


6: 56 pm: Maharashtra CM Devendra Fadnavis hails Prime Minister Modi’s speech on 3 global threats at WEF 2018. Watch Video-

6: 41 pm: WATCH VIDEO| MEA briefs on PM Modi’s engagement at Davos

6: 32 pm: PM Narendra Modi with Indian CEOs at World Economic Forum in Davos.


6: 25 pm: READ | Narendra Modi speech in Davos: Full text

6: 16 pm: Union Minister Jitendra Singh’s reaction to PM Modi’s Plenary session speech, watch video-

6: 10 pm: Protectionism is gaining ground and globalisation is losing its appeal, but India is open for business, Prime Minister Narendra Modi told the World Economic Forum on Tuesday. PM Modi is leading a big government and business delegation to the summit in Davos, the first Indian prime minister do so in 21 years, aiming to showcase India as a fast-growing economic power and a potential driver of global growth.

5: 59 pm: In his speech Davos, PM Modi said, “If you want wellness along with wealth, come to India IF you want wholeness of life along with health, come to India If you want peace along with Prosperity, come to India India will always welcome you.”

5: 53 pm: Meanwhile, Union Finance Minister Arun Jaitley said, “More investments creates more economic activities. We in India offer great infrastructure. We offer a great potential in terms of investment.”

5: 42 pm: ‘PM talked about global challenges but he also said that they can be resolved with ancient ideas that have been part of our philosophy’, said Suresh Prabhu, Minister of Commerce and Industry.

5: 38 pm: In his speech, Prime Minister Narendra Modi today stressed upon the changes the world has seen in the past 20 years. He said that Harry Potter was an unheard name, tweeting was done only by birds and Amazon referred to dense forests in 1997.

5: 26 pm: Meanwhile, Congress President Rahul Gandhi took a jibe at PM Modi after his Davos speech. He took to Twitter and said, “Dear PM, Welcome to Switzerland! Please tell DAVOS why 1% of India’s population gets 73% of its wealth? I’m attaching a report for your ready reference.”

5: 16 pm: PM Narendra Modi met his Canadian counterpart Justin Trudeau in Davos.

5: 12 pm: “PM spoke as a global statesman speaks not only about India but also globalisation & larger issues of climate change & terrorism. Yes he spoke about reforms, the world is going inward and India is globalising and is ready for business,” said Rajan Mittal, VC & MD of Bharti Enterprises.

5: 07 pm: Dharmendra Pradhan,Union Minister in Davos said, “It was a very enthusiastic speech, PM talked about how Indian ethos can be a global role model in today’s conflicting times.”

4: 59 pm: SEE PICS| Top quotes by PM at World Economic Forum 2018

4:50 pm: In an interconnected world, globalization is losing its lustre. Do global organizations created after the Second World War really reflect the aspirations and dreams of mankind today, asks PM Modi.

4:47 pm: READ| PM Modi takes leadership on climate change at his maiden plenary address of WEF

4:45 pm: In India democracy, demography and dynamism are giving shape to development and destiny: PM Narendra Modi.

4:44 pm: Democracy is not just a political system, it’s a life view and a lifestyle. Democratic growth and inclusivity have the power to heal the cracks that have emerged, says PM Modi

4:40 pm: Change in India’s ranking is an indicator that the people in India have warmly welcomed the change in policies as the road to a better future for them: PM Narendra Modi

4:38 pm: n 2014 after 30 years, the 600 crore Indians provided complete majority to any political party to form govt at the centre. We took the resolution for the development of everyone and not just a specific group. Our motto is ‘Sabka Saath Sabka Vikas’.: PM Modi.


4:35 pm: The motto of my Government is ‘Sabka Saath, Sabka Vikas’ says PM.

4:34 pm:

4:33 pm: Many societies & countries are becoming self-centred. It seems that gloabalisation, as opposed to its definition, is shrinking. Such misplaced preferences can’t be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading: PM.

4:32 pm: Anand Mahindra: Indian delegation breaks into applause as PM Modi chooses to speak in Hindi. He’s in his element & connects with the audience by making humorous comments on the changing times. Xi Jinping certainly didn’t do that, if you’re looking for differences between India & China!

4:29 pm: How can we eliminate these rifts, and realise the dream of a beautiful shared future’, asks PM

4:24 pm: Mukesh Ambani and Shahrukh Khan in the audience as PM Modi addresses the plenary session.

Mukesh Ambani and Shah Rukh Khan. (ANI)

4:23 pm: India has always believed in values of integration and unity, ‘Vasudhaiva Kutumbakam’, it means the whole world is one family. It is relevant to bridge distances: PM

4:17 pm: India has always believed in values of integration and unity.

4:15 pm: There is a lack of consensus between all of us – it happens even in families – however, the essence of a family lies in the fact that there is solidarity when facing challenges together, says PM

4:13 pm: In India, we have always lived in linking people, not in dividing them – the first Sanskrit scriptures proclaim ”Vasudaiva Kutumbakam” which means ”All the world is one family” – we are linked together, says PM

4:11 pm: Challenges posed by technology getting more serious by the day, says PM Modi

4:09 pm: Future belongs to those who can manage data, says PM Modi.

4:07 pm: Tech transformation is influencing the world, says PM Modi

4:05 pm: Back in 1997, birds used to tweet and not humans, says PM Modi

4:04 pm: Social media platforms have transformed the globe: PM Modi.

4:03 pm: I am happy to be in Davos to address the WEF. This Summit seems to find solutions to the various problems the world faces. I thank the people and Government of Switzerland for the warm welcome here: PM Modi

4:02 pm: In 1997 whe then Indian PM Deve Gowda had come to Davos India’s GDP was little more than $400 billion.

4:00 pm: PM begins his speech at WEF

3:56 pm: WATCH|

3:55 pm: Klaus Schwab,, Executive Chairman, WEF is currently sepaking at the planery meet.

3:51 pm: PM to lay out plans for the future in his plenary speech at the WEF in Davos.

3:43 pm:  Alain Berset is currently speaking at the meeting.

Alain Berset- Swiss President. (ANI)

3:37 pm: PM Modi to speak shortly at the planery meeting.

3:15 pm: WATCH|  Nine things you probably did not know about Davos.

3.00 pm: Prime Minister Shahid Khaqan Abbasi will participate in the World Economic Forum (WEF) in Davos from tomorrow where he will project Pakistan as a prime destination for business, investment and trade.

2.45 pm: Former RBI Governor Raghuram Rajan today said the Western world must realise they cannot go a long way without the help of the emerging economies and warned that no one would be able to resolve any problem of a ‘fractured world’ if things are not set right soon.

2.30 pm: WATCH | ‘ Let’s wait, they have been saying many things, as of now we are in alliance in the Govt and this Govt will complete its term’ says Maharashtra CM Devendra Fadnavis.

2.20 pm: Global CEOs applauded India’s efforts to bring in the regime like GST. Demonetisation & GST were bold initiatives & people feel the economy is getting cleaner & predictable. That has created a huge interest in mind of people to come & invest in India: Maharashtra CM D Fadnavais

2.10 pm: WATCH | PM Narendra Modi will pitch his vision of empowering each and every common man in India, Maharashtra CM Devendra Fadnavis.

2.00 pm: World Economic Forum 2018 is the largest platform we can have to establish India on the global agenda, says Tejpreet Chopra – CEO of Bharat Light & Power.

1.30 pm: WATCH | India 7.4% China 6.6%

1.15 pm: A team of chefs from Taj Group is preparing cuisines at the World Economic Forum in Davos, Switzerland. Speaking to ANI, Raghu Deora, the logistical head for this entire mission, said,”I have been told that he likes anything and everything vegetarian. It will be like ‘Ghar ka Swad Davos mein” on serving to Prime Minister Narendra Modi.

1.00 pm: There is a huge appetite for continuous surge in foreign investments in India with no comparable opportunity available worldwide, Union minister Piyush Goyal said today, even as he saw India’s role at international platforms growing into a leader being looked into for solving problems of a ‘fractured world’.

“In that sense, 125 crore Indians are dining a pride of place when it comes to the world,” Goyal said.

12.40 pm: The global economy and geopolitical tensions are taking a back seat to a more immediate problem at this year’s Davos summit of political and business leaders: heavy snow is burying the venue.

12.20 pm: WATCH | Chetna Sinha on why we should never provide poor solutions to poor people.

12.00 pm: Yoga gurus, who will showcase the ancient Yoga heritage of India, at the World Economic Forum 2018 welcome reception in Davos.

(Twitter/Doordarshan News‏)

11.30 am: While speaking to the media yesterday in Davos at World Economic Forum, NITI Aayog CEO Amitabh Kant said, “We maintained our growth along with structural reforms, we worked for financial inclusion along with financial growth. PM has worked on global terrorism on the diplomatic front & to tell all of it India’s delegation is here.”

11.20 am: WATCH | The poorest 3.7 billion people on the planet didn’t get anything.

11.10 am: Before the World Economic Forum annual summit 2018, Edelman Trust Barometer said, globally, people’s trust in these four areas remained largely unchanged from last year. Of 28 countries surveyed, 20 lie in ‘distruster territory’, one more than in 2017.

11.00 am: Yesterday, while speaking to the media Union Minister Piyush Goyal said, “PM Narendra Modi’s presence gives a big message to the world community, that India is open for business. Here, we are all giving out information about the ‘New India 2022’ that we are working towards.”

10.55 am: Earlier, top Banker Uday Kotak said, “We need to get our messaging right when Trump is likely to talk about how Americans are making America great again. So India needs to say here that we are welcoming the world and we are building a new India.”

10.50 am: Prime Minister Narendra Modi has a great story to tell about significant reforms undertaken in India and even a greater story about 1.4 billion Indians, a young population and a massive market for the world, while no one other than him is better to tell this story, said Spicejet CEO Ajay Singh.

10.40 am:  “Given that GDP growth in the first half was 6 per cent, this estimate already indicates a robust positive momentum in growth to 7 per cent in the second half of the (financial) year. High frequency indicators are already showing signs of improvement,” said ICICI Bank chief Chanda Kochhar.

10.30 am: Meanwhile, India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, a survey of CEOs by global consultancy PwC said on January 22.

10.20 am: In a first at the WEF summit, India would also host yoga training sessions for the entire duration of the meeting, while also showcasing Indian heritage and culture.

10.15 am: Bollywood Filmmaker Karan Johar will share the stage with Yo-Yo Ma (American-French cellist), Alice Bah Kuhnke (Swedish Minister of Culture and Democracy) and speak on “How can we avert the spread of culture wars?”

10.10 am: V. Ramgopal Rao, the director of Indian Institute of Technology, Delhi will speak on “How can large-scale research collaborations strengthen science and nurture a broader environment of international cooperation?” at 8.00pm today.

10.00 am: Meanwhile, IMF said that India’s economy could grow at 7.4 per cent in 2018, as against China’s 6.8 per cent. This will make India as the fastest growing country among emerging economies.

9.50 am: Indian Railways Minister Piyush Goyal will share the speak on “How will industries, institutions and innovation shape the future of energy systems?”

9.40 am: At World Economic Forum 2018, Pope Francis said, “There is a grave responsibility to exercise wise discernment, for the decisions made will be decisive for shaping the world of tomorrow and that of future generations.”

9.30 am: Yesterday, External affairs ministry spokesperson on Twitter wrote: “On his way to Davos, PM @narendramodi arrives in Zurich. First visit by Indian PM to #Davos in 20 years! PM would make a keynote speech at the Plenary of the #WorldEconomicForum, address International Business Council and interact with CEOs. #IndiaMeansBusiness.”

9.20 am: PM Modi is scheduled to have a bilateral meeting with Swedish Prime Minister Stefan Lofven.

9.10 am: Yesterday, PM Modi held a meeting with Swiss President Alain Berset and discussed ways to deepen bilateral ties on the sidelines of the summit.

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WEF Davos 2018: Swiss Federal President Alain Berset, right, and Prime Minister Narendra Modi at the 48th World Economic Forum in Davos. (PTI)

9.00 am: Prime Minister Narendra Modi on Monday held a roundtable meeting with the CEOs of top global companies.

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PM Narendra Modi meets CEOs at WEF, IMF reaffirms India’s growth story.

8.50 am: Bollywood star Shah Rukh Khan will speak at the forum on creating change in India through women’s empowerment.

8.40 am: Modi is the first Indian prime minister to attend Davos summit in 20 years.

8.30 am: Prime Minister Narendra Modi to address the plenary session of the World Economic Forum in Davos at 3.45 pm IST.


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