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20/01/2023 07:02am

India gives thrust to enhance European investments in India

image India gives thrust to enhance European investments in India

New Delhi, Jan 20 (KNN) On the side-lines of the First Movers Coalition (FMC) Leadership Meeting of the World Economic Forum, India highlighted the need to enable mutually beneficial partnerships and facilitate investments for European partners in India.

The meet deliberated on the world need for clean energy technologies to confront climate crisis globally.


Three of the four Union Ministers held their bilateral meetings at the India Lounge, which further witnessed a high surge in visitor footfalls. The India lounge alone saw a footfall of more than 450.

Industry leaders appreciated India’s fight against COVID leveraging digital technologies and also expressed their appreciation for Government partnering with industry in its fight.

Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Anurag Jain highlighted India’s role in democratizing the digital ecosystem at the CII-EY Session.

Secretary also participated in a public WEF Session alongside Kono Taro, Minister of Digital Affairs of Japan where he highlighted efforts taken towards data collaboration. 

At the Building Unicorns panel, Secretary underscored India’s push for the Startup 20 (S-20) agenda as the G20 President.

He also held multiple one-on-one meetings with the industry leaders.

The overall footfall in all the three lounges was more than 900 on the first day.

The day commenced with a high-powered open panel on ‘Building Unicorns 2.0’ followed by a closed-door roundtable on ‘Europe for Indian Business corridor’ which was aimed enabling mutually beneficial partnerships including technology transfer to enable investments and promote growth throughout the investment lifecycle.

There were two sessions held at the Sustainability Lounge- the Road to net zero: the role of PPP and another one on Mission Life with Sri Sri Ravishankar in conversation with CEO, NITI Aayog CEO and JS, DPIIT.

The lounge displayed insights on technology for environment, financing, behavioral change, spirituality in consonance with environment were discussed. This lounge too had amazing response with a footfall over 300 today.

The India Inclusivity Lounge at Promenade 63 was visited by Ashwini Vaishnaw, Minister for Railways and Electronics and Information Technology.

He was impressed with the Craft Tracing Technology being showcased to understand the origin of the products.

The Minister for Health and Family Welfare also visited the lounge. He experienced the display of Augmented Reality of Channapatna Toys and the Virtual Reality immersion of Jalandhar Sports Goods

The Union Ministers also had WEF sessions on varied topics of importance such as Meeting of the Reskilling Champions, Gender Parity for Economic Recovery, Economics of Women’s Health, Accelerating Gender Parity in STEM, interaction with global stalwarts of industry across various sectors including Electronics, Semi-conductors etc.  (KNN Bureau)


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