India's Rise as a Global Manufacturing Powerhouse
Union minister Ashwini Vaishnaw has highlighted India's growing reputation as a global production hub. Speaking at Davos, Vaishnaw emphasized India's appeal for co-creation of technology, development of new applications, and catering to domestic demand.
Investment and Partnership Opportunities
Vaishnaw, part of a delegation at Davos, discussed various investment proposals with top CEOs. He noted investors' interest in multiple sectors, including technology, tourism, aviation, food processing, and skilling.
Strengthening US-India Relations
Highlighting the importance of the US as a key partner, Vaishnaw spoke about the evolution of US-India relations over the past decade. He mentioned joint technology development, product co-creation, and participation in the QUAD, emphasizing the mutual benefits in technology economy and other sectors.
India's Unified Investment-Friendly Image
Vaishnaw observed the solidarity between NDA and Opposition ruled states at Davos, with all state pavilions aligning with the Centre's Bharat Pavilion. This unity projects India as a resilient and attractive investment destination, with consistent economic growth in the 6-8% range.
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