Davos: The 43rd annual meet of World Economic Forum (WEF) started in Davos on Tuesday. Around hundred businessmen and political stalwarts are participating from India. The government and India Inc are going to strongly highlight the India’s growth story in this six-day summit.

Despite the instability in world’s leading economies, India is growing steadily. Hence, India is expected to become cynosure of all eyes in the meet. Union Minister Kamal Nath is going to lead the Indian delegation at the meet. Last month, Kamal Nath played important role in Parliament’s decision to allow FDI in retail.

Along with Kamal Nath, Commerce and Industry Minister Anand Sharma, Union Heavy Industries Minister Praful Patel and Power Minister Jyotiraditya Scindia are to be part of the Indian delegation in WEF meet. Richest and most powerful persons from all across the globe are participating in this summit. Heads of almost 50 countries are also participating in the meet.

Discussions on finding ways to emerge out the ongoing economic slowdown will be on forefront in the meet. The founder of World Economic Forum Klaus Schwab said that the world is struggling with economic slowdown for quite some time now and it is needed to take bold stand on the issue. The meet is to be joined by the representatives of the renowned global institutions like- World Bank, International Monetary Fund, World Trade Organisation and United Nations.

British Prime Minister David Cameron, German Chancellor Angela Merkell, Russian Prime Minister Dmitri Medvedev and Italian Prime Minister Mario Monti are also to attend the WEF meet in Davos.

Ministers comprising the Indian delegation are going to meet the Ministers of other countries and heads of multinational companies. The focus will be to project India as attractive investment destination. Anand Mahindra, Chanda Kochar, Rahul Bajaj, Azim Premji, Sunil Bharti Mittal are going to represent India Inc. Mukesh Ambani and Lakshmi Mittal may also mark their presence.

JPN/Bureau

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