Modi chants New India ‘open for business’ mantra at Davos
DAVOS: With occasional references to Sanskrit shlokas, Prime Minister Narendra Modi renewed the global spotlight on a ‘New India’ shaping under his watch in front of the global elite in the Swiss resort of Davos and underlined his commitment to globalisation amid growing walls of protectionism.
In his keynote speech at the plenary session of the World Economic Forum, the Indian leader upheld a ‘New India’s’ unique role in guiding the world through its ancient liberal values and unique democratic experiment. Weaving India’s growth story with its spiritual ethos, Mr Modi welcomed the world to partake in India’s robust growth and the opportunities and solutions that it has to offer.
Assuming the mantle of globalisation, a role Chinese President Xi Jinping claimed to don in his speech at Davos amid US’ insular turn under the Trump presidency, Mr Modi said that while protectionism and trade barriers were rising, India was marching confidently towards a $5 trillion economy by 2025.
Read More