The 54th Annual Meeting of the World Economic Forum (WEF), held from January 15th to 19th, 2024, bestowed its grand stage upon the picturesque Davos-Klosters in Switzerland. India, with its resplendent growth story, digital public infrastructure landscape, burgeoning startup ecosystem, and expanding energy sector, commanded a significant presence at this prestigious event. India's impact reverberated throughout the summit, with the country proudly showcasing its accomplishments through three exclusive lounges: the India Engagement Centre, the Experience India Centre, and the India Investment Centre.
The 54th Annual Meeting of the World Economic Forum (WEF), held from January 15th to 19th, 2024, bestowed its grand stage upon the picturesque Davos-Klosters in Switzerland. India, with its resplendent growth story, digital public infrastructure landscape, burgeoning startup ecosystem, and expanding energy sector, commanded a significant presence at this prestigious event. India's impact reverberated throughout the summit, with the country proudly showcasing its accomplishments through three exclusive lounges: the India Engagement Centre, the Experience India Centre, and the India Investment Centre.
At the G20 summit, a significant announcement emerged, not from the main stage, but from the sidelines. A new alliance was formed, and an ambitious infrastructure project, the EU-Middle East-India Corridor, was unveiled. This initiative, often referred to as the Modern Day Spice Route, is a bold challenge to China's Belt and Road or BRI. The Corridor aims to connect Europe, West Asia, and India through a network of railways and ports. The key players in this venture include India, Saudi Arabia, the United Arab Emirates, the European Union, France, Italy, Germany. The plan is to link rail and port facilities across West Asia, essentially creating a bridge that will expedite trade between India and Europe.