India to join key session on AI, FDI at WEF 2025 for promoting investment

India will join a session on AI and FDI at the World Economic Forum in Davos from January 20-24, 2025. The session is co-organised by Invest India and WAIPA. The Indian delegation will include several ministers. India has recently surpassed $1 tri...

ETtech
India will participate in a session on artificial intelligence (AI) and foreign direct investment (FDI) at the World Economic Forum annual meeting in Davos, the commerce and industry ministry said on Friday. The session - AI and FDI: Challenges and Opportunities for Sustainable Investment - will be co-organised by Invest India and WAIPA and supported by World Investment for Development Alliance (WIDA).

The WIDA is a global platform of 13 organisations.

The 55th WEF annual meeting is scheduled from January 20-24, 2025, in Davos-Klosters, Switzerland.


"From advancing AI and frontier technologies to expanding its renewable energy capacities and fostering global partnerships, India's progress resonates with WEF 2025's theme - Collaboration for the Intelligent Age," the ministry said in a statement.

The Indian delegation will be spearheaded by information and broadcasting minister Ashwini Vaishnaw, jal shakti minister CR Patil, civil aviation minister K Rammohan Naidu, food processing industries minister Chirag Paswan, and skill development minister Jayant Chaudhary.

"The country has achieved a major milestone, surpassing $1 trillion in foreign direct investment inflows since April 2000," it said, adding that the increase in foreign inflows underscores "India's growing appeal as a prime destination for global investment, driven by strategic policy initiatives, a thriving business ecosystem, and enhanced international competitiveness".
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