WION Web Team New Delhi, Delhi, India
Jan 19, 2018, 04.05 PM
Prime Minister Narendra Modi on Friday said that his visit to Davos in Switzerland for the Word Economic Forum (WEF) is an opportunity for India to showcase itself on a global platform.
"Davos is a major platform in the financial world. Many business leaders gather there to deliberate upon the economic future of the world. India is the centre of attraction for the entire world. There are two reasons for that. First, our GDP is growing at a fast pace - and this has been accepted by leading agencies like the World Bank, Moody's etc. Second, due to our strong democratic values. It's a unique combination of both in India. And that's what has evoked everyone's interest. So it's an opportunity for India to showcase itself on a global platform like WEF in Davos," PM Modi said in an exclusive interview with Zee News.
Apart from being a big market, India also has the advantage of demographic dividend, he added.
"India is an economic powerhouse. The world wants to connect with us. The world wants to hear directly from the horse's mouth about India's policies and potential. And I feel proud to present before them the success story of 125 crore Indians, their achievements and progress," the Prime Minister said.
He also hailed the increase in foreign investment in India. "Before 2014, the world didn't care about what India had to say. But after we came to power in 2014, the situation had changed completely. For the first time in 30 years, India had a government with full majority. This was noticed by the entire world. They are accepting us as a leader now. That's because we have done well on domestic front. From day one, my government's focus has been on good governance, transparency, and this has given us results. India's ranking in ease of doing business jumped from 142 to 100. This resonated across the world," PM Modi said.
PM Modi, accompanied by six Union ministers, will be in Davos on January 22-23 and address the opening plenary. On the sidelines of the high-profile event, Modi will hold a number of important bilateral meetings with various world leaders.
He wll be the first Indian Prime Minister to participate in two decades after H D Devegowda who visited Davos in 1997.
Apart from his political engagements, PM Modi will also be there at a dinner on January 22 which will be attended by CEOs of 60 companies. These 60 companies are across 26 different sectors.
Among those attending the dinner will be the heads of Airbus group, Hitachi group, BAE Systems, IBM, and the Carlyle group.