HomeWorldIndiaIndia puts'new reality" on display with Davos street show

India puts’new reality” on display with Davos street show

DAVOS, Switzerland, May 25 (Reuters) – Proudly bright colors and bold logos signal where India set up stationed on The main street in This is Davos yearwhere the state outperforms its supporters -business and foreign investment drive.

inside suite on Swiss Alps Resort Park street Under the slogan “India @ Davos 2022”, Federal government Servants up treats Including masala chai, samosas and other spicy dishes.

gather around six Indian countries with their own lounges, by in What is usually high street shops.

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“He’s Indian streetHe. She should To be called “Little India”. He. She shows country is open for Sameer Saran said of Indian Observer Research Foundation.

India’s Commerce Minister Piyush Goyal told Reuters that Prime Minister Narendra Modi had proposed bringing countries together to show unity in the gathering. of business and political leaders at the World Economic Forum.

Investors love this genre of Joyal said.

While India has had a long presence at the World Economic Forum, many officials and attendees from Asia’s third largest country economy He said he wasn’t prominent before.

In the government, basically, food was prepared by a team of 15 chefs who They were flown in from India with 450 kg of local vegetables and spices, head Chef Guru Nathan told Reuters a people Enjoy the fragrant morning buffet.

“We have been asked to keep the seasoning moderate so that everyone can enjoy Nathan said.

just a little steps down indian road tech giants It owns Infosys (INFY.NS), Wipro (WIPR.NS), and HCL Technologies (HCLT.NS) set up Their bases are close to these of Alphabet’s (GOOGL.O), Google, Meta (FB.O), and Intel (INTC.O).

one country government official put the number of Indian officials attend Davos forum in more from 100 with scores of Company executives and a bunch of Startups also Present. Goyal estimated that there would be 200 Indians participants.

“We have record Figures from India,”Sriram Gutta, head of He said India’s agenda at the World Economic Forum.

new reality

Federal ministers spoke of India’s economic prosperity and the opportunities it presents at Davos.

Although mody government Often faced Criticism from foreign companies for Announcing policies they say are protectionist in nature In the interest of domestic companies, India recently reported highest The ever influx of foreign direct investment, which hit $83.57 billion in 2021-22.

After engaging regularly with Indian countries on Topics such as agriculture technology, drones and electricity vehiclesthe World Economic Forum gradually increased the number of The invitations were extended to them, Guetta said, adding that they “will continue to gain fame”.

Although they are run By various political parties, countries have been striving to project Uniform picture and display their specials for Business, Deepak Bagla, CEO of The federal investment promotion arm Invest India told Reuters.

Southern State of Andhra Pradesh has signed investment agreements worth a total of 16 billion dollars for investment in Renewable energy in Davos, while one official Karnataka held meetings with potential investors. Read more

“What is that street Is that true shows You are the new reality of India,” Bajla said.

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Reporting by Aditya Kalra; Editing by Alexander Smith

Our Standards: Thomson Reuters Trust Principles.

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Sallie Anderson
Sallie Anderson
Sallie works as the Writer at World Weekly News. She likes to write about the latest trends going on in our world and share it with our readers.

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