Union Minister Vaishnaw takes half in collection of conferences at WEF 2025

Union Minister Ashwini Vaishnaw throughout a gathering with Swiss Federal Railways (SBB) delegation, in Switzerland on January 22, 2025. Picture: PTI by way of @AshwiniVaishnaw/X

Union Minister Ashwini Vaishnaw took half in a collection of strategic conferences in Switzerland, underscoring India’s dedication to fostering worldwide collaboration and embracing modern applied sciences within the railway sector. He additionally made a presentation on the Indian semiconductor ecosystem.

Earlier than heading for the World Financial Discussion board (WEF) 2025 in Davos, Mr. Vaishnaw on Tuesday held a number of conferences. He stated: “Prime Minister Narendra Modi has all the time guided us to benchmark our efforts to the worldwide bests. At this time’s go to can also be on this course. There may be lots of curiosity around the globe in ‘Made in India’ merchandise.”

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A presentation showcasing the newest developments in infrastructure diagnostics was held by the Swiss Federal Railways. Mr. Vaishnaw engaged with Swiss specialists to know the applied sciences that may bolster operational effectivity and security throughout the Indian Railways system. It was adopted by a gathering with main railway sector small and medium enterprises, together with Rhomberg Sersa Ag, Selectron, Ucentrics, Autech, and nu Glass.

One other key assembly was with Stadler Rail Administration and a go to to their state-of-the-art manufacturing facility in St. Margrethen. Stadler Rail’s experience is in producing double-decker multiple-unit trains. Mr. Vaishnaw additionally attended the opening dinner hosted by the board of trustees of WEF.

Semiconductor push

On Wednesday, the Union Minister made a presentation on the Indian semiconductor ecosystem to Arvind Krishna, an Indian-American enterprise govt and the chairman and chief govt officer of IBM.

On the occasion, Andhra Pradesh, beneath the theme of Enterprise with Pace and Innovation, is presenting its 1,054-km-long shoreline, business-friendly insurance policies, and 7 airports as USPs to world traders. Andhra Chief Minister N. Chandrababu Naidu will have interaction with prime executives from world giants resembling Unilever, DP World Group, Petroleum Nationwide Berhad (Petronas), Google Cloud, PepsiCo, and AstraZeneca.

Telangana Chief Minister Revanth Reddy was additionally current at Davos. “Telangana means enterprise. We’re selling sectors like electrical autos, semiconductors, pharma, and infrastructure,” he stated. International corporations “actually need to contain themselves” with India, which is the third-largest home market on the earth, added Civil Aviation Minister Ram Mohan Naidu, stating that “they’re conscious of the Viksit Bharat imaginative and prescient now we have envisaged beneath the management of Prime Minister Narendra Modi, the place we need to develop into the #1 participant.”

“As a world chief and a unifying voice of the International South, India continues to embody the ethos of unity and collective progress…India stays a key architect of a sustainable and inclusive world future,” stated a authorities official.

India Pavilion

At Davos, the India Pavilion options eight states, every looking for funding alternatives from executives of corporations worldwide. Kerala, Telangana, Uttar Pradesh, Andhra Pradesh, Maharashtra, Tamil Nadu, Karnataka, and West Bengal are the states which have established a presence.

This yr, conferences are being held beneath 5 sub-themes: Reimagining Progress, Industries within the Clever Age, Investing in Individuals, Safeguarding the Planet, and Rebuilding Belief. Over 350 governmental leaders are anticipated to take part this yr, together with 60 heads of state and authorities.

India has despatched its largest-ever delegation to the WEF’s Annual Assembly, comprising 5 union ministers and three chief ministers. Almost 100 chief govt officers and leaders from authorities, civil society, and the humanities are additionally collaborating. Union Ministers Jayant Chaudhary and Chirag Paswan can even be there. Among the many distinguished faces are Maharashtra Chief Minister Devendra Fadnavis; and Tamil Nadu Minister for Industries, Funding Promotions, and Commerce within the Authorities of Tamil Nadu since 2023, Dr. T. R. B. Rajaa.

On the Indian part, Promenade 67 options UP, Telangana, and Kerala pavilions. Promenade 73 options Tamil Nadu, Maharashtra, and Andhra Pradesh pavilions.

The main sectors through which India is looking for funding embody ports and logistics, IT & electronics, aerospace & defence, vehicle and EV, textile & attire, renewable power, agriculture & meals processing, and biotech and prescription drugs.