Latest News | India to Join Key Session on AI, FDI at WEF 2025 for Promoting Investment
Get latest articles and stories on Latest News at LatestLY. 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.
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).
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 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)