New Delhi, Jan 10 (PTI) 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).

Also Read | H-1B Visa New Rules To Take Effect From January 17: How Will H-1B Visa Reforms Affect Indians? All Details Here.

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.

Also Read | Bank Holiday 2025 Dates: Will Banks Remain Open or Closed on January 13? Is There a Bank Holiday on January 14 and 15? Check State-Wise List of Bank Holidays Falling Between January 13-19.

"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 USD 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".

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)