India Goes Big At Davos World Economic Forum
The hefty Davos promotions come after India surpassed China last year as the world’s biggest country by population. Now India is touting its growing strength as a nation of innovation and as a global business hub in front of some of the world’s richest and most powerful people. China’s gross domestic product increased 5.2% last year, up from 3% in 2022 but down from 8.1% the year prior. India grew 7.2% in the last fiscal year, down from just over 9% a year earlier. States such as Maharashtra, Tamil Nadu, Telangana, and Karnataka have their own presence at Davos, positioning themselves as tech hubs for manufacturing and AI. The separate state pavilions send a message that various regions in India are competing with each other to offer global companies the best access. Mega agreements, with Maharashtra, Telangana and Karnataka are expected worth trillions of dollars’ in investments.
Tags : hefty Davos population Maharashtra Tamil Nadu Telangana Karnataka Mega agreements gross domestic product