Likely to attend informal WTO Ministerial meeting
Commerce and Industry Minister Anand Sharma will woo global investors at the World Economic Forum (WEF) in Davos from January 23 to 27 by offering them investment opportunities in the Delhi-Mumbai Industrial Corridor, new manufacturing zones and foreign direct investment (FDI) in multi-brand retail which has been opened up for big retail chains.
Mr. Sharma will also host a Global Investment Roundtable.
Around 20 global business leaders, including those from TESCO, Standard Chartered, Diageo, Novartis, Merck, Unilever and Philips, will meet Mr. Sharma to discuss and apprise him of their business plans in India.
The Commerce and Industry Ministry has designed a special campaign — Land of limitless opportunities: India beckons the world — to highlight India’s potential and to enhance the country’s image on the global platform. Mr. Sharma is likely to attend an informal WTO Ministerial to discuss the trends in Doha round negotiations.
He will meet his counterparts from Indonesia, South Africa, Switzerland, South Korea, Kazakhstan, New Zealand and Costa Rica to review bilateral ties. Mr. Sharma will also host a reception of India-Africa Partnership, which will provide a platform to heads of states and ministers from the regions.
“The WEF has over the years emerged as a global platform for the corporate and economic leaders from across the world. We view this as an opportunity to showcase the opportunities in the country and position India as an attractive investment destination,’’ he said.