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India to Pursue Global Collaborations for Sustainable Innovation at WEF Conference in Davos

India to Pursue Global Collaborations for Sustainable Innovation at WEF Conference in Davos
New Delhi, Jan 10 (NationPress) India will showcase its accomplishments in advancing AI, frontier technologies, and enhancing its renewable energy capabilities to forge global partnerships for sustainable innovation at the 55th World Economic Forum (WEF) Annual Meeting, scheduled from January 20-24 in Davos, Switzerland, as per a statement from the Commerce and Industry Ministry.

New Delhi, Jan 10 (NationPress) India will emphasize its significant strides in advancing AI, frontier technologies, and boosting its renewable energy capabilities to cultivate global partnerships aimed at driving sustainable innovation during the 55th World Economic Forum (WEF) Annual Meeting, which is set to occur from January 20-24 in Davos, Switzerland, according to a statement released by the Commerce and Industry Ministry on Friday.

India's achievements align with the WEF 2025 theme: "Collaboration for the Intelligent Age", as the nation is leading the exploration of solutions across five essential workstreams: Reimagining growth, Investing in People, Rebuilding trust, Industries in the Intelligent Age, and Safeguarding the Planet, as stated.

By focusing on enhancing international collaborations and promoting sustainable innovation, India’s involvement in this esteemed assembly underscores its dedication to shaping a brighter, more interconnected future, the statement elaborated.

The Indian delegation will be spearheaded by a distinguished group of ministers, including Railways, Information & Broadcasting, and Electronics & Information Technology Minister Ashwini Vaishnaw, along with Jal Shakti Minister C.R. Patil, Civil Aviation Minister K. Rammohan Naidu, Food Processing Industries Minister Chirag Paswan, and Union Minister of State for Skill Development & Entrepreneurship Jayant Chaudhary.

The delegation will also comprise high-ranking representatives from six Indian states: Andhra Pradesh, Maharashtra, Telangana, Tamil Nadu, Uttar Pradesh, and Kerala, who will present the region’s industrial advancements, investment prospects, and success stories as part of India’s ongoing economic transformation.

The team will engage in a series of panel discussions, roundtables, and Government-to-Business (G2B) and Government-to-Government (G2G) interactions at the prestigious Davos Congress Centre. The delegations will also contribute to sessions at India’s Pavilion, alongside other global political and business leaders discussing topics such as Sustainability and Trust, Food Security, Economic Partnerships Driving Investments, Infrastructure as Enabler, Supply Chain Diversification, Chemicals Investment Opportunity, Innovation and Technology Leadership, and AI for Process Transformation.

India will also participate in the "AI and FDI: Challenges and Opportunities for Sustainable Investment" session, co-organized by Invest India & WAIPA and supported by the World Investment for Development Alliance (WIDA), a global network of 13 organizations that collaborate to promote sustainable and inclusive investment.

Over 65 Indian business representatives are expected to attend the 55th World Economic Forum (WEF) Annual Meeting in Davos, with numerous Indian companies establishing lounges to showcase their products. The Department for Promotion of Industry and Internal Trade (DPIIT), part of the Ministry of Commerce & Industry, will play a crucial role in organizing sessions and media panels to highlight various facets of India’s growth story.

India’s remarkable economic growth continues to attract global attention, with foreign direct investment (FDI) inflows exceeding $1 trillion since April 2000. This achievement is further emphasized by a nearly 26 percent increase in FDI, which reached $42.1 billion during the first half of the fiscal year. This upward trend underscores India’s growing attractiveness as a prime destination for global investments, driven by strategic policy initiatives, a flourishing business ecosystem, and enhanced international competitiveness, the official statement concluded.

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