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    Home»Tech»Why India is World’s Next Big Economic Powerhouse: WEF Insights
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    Why India is World’s Next Big Economic Powerhouse: WEF Insights

    News Analysis IndiaBy News Analysis IndiaJanuary 22, 20262 Mins Read
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    Why India is World’s Next Big Economic Powerhouse: WEF Insights
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    At the prestigious World Economic Forum in Davos, industry titans are buzzing about India’s ascent as a global economic juggernaut. With a youthful demographic bulge, blistering GDP growth, and a thriving startup scene, the nation is positioning itself as the ultimate power hub for innovation and investment.

    Speaking exclusively to media on the conference sidelines, leaders from across the globe dissected India’s rising clout. They see it as a beacon for sustainable growth in an uncertain world economy.

    Taiwan’s Tu Chang, Forum for Business founder, put it bluntly: India’s demographics make it one of the planet’s most vital economic forces. ‘A powerful global hub is emerging in India, fueled by its enormous young populace brimming with development and inventive potential,’ he declared.

    Chang predicted India’s enduring centrality in global growth narratives. Amid WEF talks on sustainability, funding streams, investments, and geopolitical hurdles, he spotlighted India’s economic surge and people power as irresistible draws for capital.

    He lauded PM Narendra Modi’s visionary stewardship, noting how government initiatives are priming India’s dynamic workforce for exponential leaps forward.

    Echoing this optimism, Canias International’s Milind Pimpalekar revealed partnerships with Indian states to pioneer frameworks for deep-tech scaling. A landmark MoU with Maharashtra aims to launch an institute dedicated to turning cutting-edge tech into market realities, supercharging India’s innovation engine.

    From Down Under, Frank Meehan of Frontier One praised India’s economic vigor, world-class infrastructure upgrades, and sophisticated business environment – all conspiring to make it investor catnip.

    On the ground, Indian heavyweights are sealing deals. Gujarat’s Harsh Sanghvi engaged NVIDIA, EDF, and Linde execs, while Maharashtra’s Devendra Fadnavis strategized with Rotterdam port leaders.

    As Davos deliberations unfold, one message rings clear: India’s blend of scale, speed, and smarts is redefining global economic maps, promising a future where it leads the charge.

    Davos 2024 Deep Tech India Demographic dividend India economy India Global Power Innovation India PM Modi Leadership World Economic Forum
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