At Davos, CII notes India’s rise as a stable growth anchor, driven by AI talent and resilient global supply chains.
During the World Economic Forum in Davos, the Confederation of Indian Industry (CII) highlighted India’s role as a dependable pillar for global economic expansion. Despite ongoing international political instability, business leaders identified the nation as a primary destination for long-term investment due to its consistent policy framework and vast domestic demand.
CII Director General Chandrajit Banerjee noted that global discussions have shifted towards prioritising supply chain durability and trade variety. India is increasingly viewed as a strategic alternative for companies seeking to relocate operations away from volatile regions.
Key points from the summit include:
- Technological Integration: Artificial Intelligence was a central theme. With its significant pool of technical talent and established digital public infrastructure, India is expected to lead in responsible AI development and global innovation partnerships.
- Logistics and Supply Chains: The CII warned that disruptions to industrial inputs and commodities are becoming permanent fixtures of the global economy. This shift necessitates a move towards regionalised trade and more resilient logistics networks.
- Economic Stability: Participants at the summit praised the country’s macroeconomic strength, which continues to provide a “growth anchor” while other major economies face uncertainty.
This positioning suggests a continued influx of capital into infrastructure and digital ecosystems, reinforcing the country’s status as a central hub for international trade.
SOURCE – TIMES OF INDIA
