At the World Economic Forum, Minister Ashwini Vaishnav outlined India’s economic strategy based on four pillars: public investment in infrastructure, focus on manufacturing and innovation, inclusive growth, and simplification of laws.
The discussion included perspectives from business leaders on India’s economic potential and challenges. India’s economic future was discussed by industry leaders and government officials at a panel. Key points included the need to balance manufacturing and service growth, leverage AI for productivity gains, address skilling challenges for the workforce, and creating industrial parks to boost employment. The potential of the India-Middle East-Europe Economic Corridor was also highlighted.