India in focus at WEF: Investment worth trillions for Maharashtra, Telangana

Jan 18, 2024

DAVOS (Switzerland), January 18 (ANI): The 54th Annual meet of the World Economic Forum in the Swiss Ski Resort of Davos from Jan 15-19 is making headlines across the world. The meeting at Davos highlighted India’s status as a resilient global economy and a preferred investment destination. For India, day three at WEF brought investments worth trillions for Maharashtra and Telangana, as they signed MoUs with companies. Telangana govt and the Adani Portfolio of Companies signed four (MoUs) totalling over Rs 12,400 crore. Maharashtra CM Eknath Shinde informed that the state has signed MoUs of more than Rs 4 lakh crore. RBI Governor Shaktikanta Das drew attention to India’s growth story and said international confidence in India is at an all-time high. Union Minister Hardeep Puri at the World Economic Forum said India’s ascent to USD 4 trillion economy fuelled by robust growth. Union Railways Minister Ashwini Vaishnaw said the entire world has developed a “very big” amount of trust in India. Every year, the WEF’s annual meeting brings together top decision-makers from government, business, and civil society to address major global issues.