Indian commerce, industry minister Piyush Goyal to lead team at WEF

Indian commerce and industry minister Piyush Goyal will lead the country’s team at the World Economic Forum (WEF) in Davos from 23 to 25 May. In line with government priorities, sessions are planned at the India Lounge there based on India’s strategic advantage, existing and upcoming incentive architecture, industry investment potential and market opportunities.

Goyal also holds the portfolios of consumer affairs, food and public distribution, and textiles.

Indian commerce and industry minister Piyush Goyal will lead the country’s team at the World Economic Forum in Davos from 23 to 25 May. In line with government priorities, sessions are planned at the India Lounge there based on India’s strategic advantage, existing and upcoming incentive architecture, industry investment potential and market opportunities.

The Indian delegation would include Mansukhlal Mandaviya, minister of health and family welfare and chemicals and fertilisers; Hardeep Singh Puri, minister for petroleum and natural gas, housing and urban affairs; chief ministers and senior ministers of Madhya Pradesh, Tamil Nadu, Andhra Pradesh, Maharashtra, Karnataka and Telangana; and senior central government officials.

A number of senior industry leaders, including Hari S Bhartiya,  Amit Kalyani, Rajan Bharti Mittal, Ronnie Screwvala and Salil S Parekh, would also be participating in the WEF deliberations.

This event would further help reinforce India’s position as an important and relevant stakeholder in shaping the global narrative, particularly as India assumes presidency of the G-20 in 2023. The WEF will also be a platform to project India as an attractive investment destination in view of its robust economic growth and stable macroeconomic indicators.

This year coincides with the WEF’s 50th anniversary and 35 years of its collaboration with India.

The key topics to be addressed in the sessions include policy and ease of doing business reforms, energy transition, digital economy, opportunities in National Monetisation Pipeline, India as an entrepreneurial destination shaping the unicorn story, growing talents in the digital space, emphasis on innovation and research in the healthcare ecosystem, an official release said.

Goyal will also visit the United Kingdom on 26-27 May to hold discussions with the UK government and businesses on the progress made in free trade agreement negotiations and the way forward.

Fibre2Fashion News Desk (DS)