Monday, November 11, 2019

PM Modi departs for Davos to attend World Economic Forum

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Prime Minister Narendra Modi on Monday departed for Davos to attend the World Economic Forum ahead of his two-day visit aimed at attracting the global business community to India.

This annual event is hosted by the Swiss ski town of Davos to bring together CEOs of some of the biggest companies, representatives of international organizations, and heads of states for the purpose of facilitating global cooperation in business.

Modi will be the first Indian Prime Minister, after Deve Gowda, to attend the WEF since 1997. He will be leading the largest ever Indian delegation to Davos, consisting of 130 CEOs, six senior central cabinet ministers, the Chief Ministers of Maharashtra and Andhra Pradesh, and several top bureaucrats.

The event will begin with a special reception hosted by India for over 1,500 invitees to showcase Indian cuisine and culture. Modi will then address the plenary session with a keynote speech, followed by a bilateral meeting with the Swiss head of state, and dinner with CEOs of some of the topmost global companies.

Usually, India is always represented there by its Finance Minister and senior bureaucrats, but this time PM Modi decided to personally make his presence felt. The event will be a brilliant opportunity to promote India as an attractive and viable business destination to the world.

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