WEF: India important Global Player with a robust economy

Commerce Minister Piyush Goyal, who represented India at the World Economic Forum (WEF) projected India as a reliable partner, a stable economy and an attractive investment destination

May 26, 2022

The minister used the WEF platform to strengthen India's role as a key player in the global narrative

He met with political and corporate leaders of other nations

While speaking with CEOs, the Minister highlighted India's potential as an investment destination

Goyal will also visit the United Kingdom to discuss the status of Free Trade Agreements (FTA) between the countries

India’s growth story has been receiving enthusiasm globally amid challenges, said Commerce Minister Piyush Goyal, at the World Economic Forum (WEF).

Goyal, who led India’s team at WEF, met with leaders of other nations, as well as heads of regional and international agencies, to apprise them about the Indian government’s measures aimed at enhancing the ease of doing business and the improvement of the country’s investment climate.

He also spoke with a number of CEOs, and highlighted India’s potential as an investment destination, mentioning a variety of government initiatives such as Gati-shakti, the asset monetization program, Startup India, the national infrastructure pipeline, and other investment corridors.

According to the Ministry of Commerce and Industry, Goyal, who was joined by two other union ministers, used the WEF’s stage to strengthen India’s role as a key player in the global narrative. He further added that India will continue to allow exports to vulnerable countries and neighbors.

The Minister will also visit the UK, where he will meet with government officials and companies to discuss the status of FTA negotiations and the next steps.

Recent Articles

April GST collections hit record high of INR 2.10 lakh crore

May 2, 2024

In April, India’s Gross Goods and Services Tax (GST) collections …

Read More

India to expand its Middle East ties by signing trade deal with Oman

May 2, 2024

India and Oman are poised to finalize a trade agreement …

Read More

Indian auto industry to reach US$ 300 bn by 2026

May 1, 2024

India’s automotive market is on track to hit a significant …

Read More