PM Narendra Modi in World Economic Forum at Davos: Things to Know

Prime Minister Narendra Modi has reached Davos in Switzerland for World Economic Forum. In the very first meeting to top CEOs across the world, PM Modi conveyed them for “India means Business”.

PM Modi narrated, “India’s growth story and presenting exciting opportunities for global business in India,”

PM Narendra Modi is the first Prime Minister to attend the World Economic Forum in over two decades. He will also have meeting with Indian companies’ CEOs. Indian Delegation is the broadest at the WEF and will also offer yoga classes on the icy slopes.

Today, Prime Minister will address a global audience at Davos. Meanwhile, International Monetary Fund predicted India’s growth forecast at 7.4% in 2018 as against China’s 6.8 per cent.

PM Modi shared his photo after reaching Davos
PM Modi shared his photo after reaching Davos

Even, the IMF has projected a 7.8 per cent growth rate for India in 2019. Growth rate projections for both 2018 and 2019 remains unchanged since its October 2017 World Economic Outlook projections.

Modi will have meeting with more than 40 global CEOs from 18 countries including, Microsoft’s Satya Nadella, Reliance’s Mukesh Ambani, Airbus CEO Dirk Hoke, lasted for nearly two hours in which he invited everyone to speak and raised their concern and suggestions. He responded to each query, addressing each CEO personally.

Today evening, PM Modi will deliver his first keynote speech. PM Modi has said he “looks forward to sharing my vision for India’s future engagement with the international community”.

After reaching Davos, PM Modi also shared his photo on his social accounts. He also held a bilateral with Swiss President Alain Berset.

India hosted a reception at the Congress Center – the main venue of the World Economic Forum attended by nearly 1,500 delegates. Delegates got a glimpse of India’s rich culture and Indian cuisine which included Samosa and Kachauri.

In the 48 years of history of the WEF, this year the presence of Indians is the largest. Two Indian yoga teachers will manage daily yoga classes at the summit.

Meanwhile, Yesterday WEF honoured Shahrukh Khan with Crystal Award at the 24th Annual Crystal Awards for his work towards the betterment of human rights.

Meanwhile, there was a heavy snowfall at the summit venue which led to cancellation of some pre-summit meetings.

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