Union Minister Ashwini Vaishnaw stated that global confidence in India is on the rise, with leading international companies and investors displaying a keen interest in expanding their involvement with India at the World Economic Forum (WEF). Vaishnaw emphasized that India’s developmental journey, reform-driven growth, and focus on future-ready infrastructure are attracting attention from global industry leaders. Discussions at Davos highlighted that India is increasingly viewed as a reliable and trusted partner in global value chains.
Global logistics giant Maersk is actively collaborating with India to bolster logistics infrastructure encompassing shipping, ports, and railways. Additionally, talks included cooperation in semiconductor-related materials, crucial for India’s long-term manufacturing and technology objectives. Vaishnaw highlighted Maersk’s involvement in enhancing India’s logistics infrastructure and semiconductor materials.
Honeywell, a US-based technology company, is partnering with India in railway modernization and expressing a strong interest in expanding its manufacturing operations within the country. These partnerships align with India’s efforts towards advanced manufacturing and enhanced public infrastructure under the Make in India initiative. Vaishnaw underscored Honeywell’s commitment to railway modernization and manufacturing expansion in India.
Investor interest was also a focal point, with Temasek Chairman Mr. Teo Chee Hean expressing a clear intent to expand Temasek’s presence in India. Singapore’s commitment to investing in India’s physical and digital infrastructure, as well as deep-tech startups, reflects long-term confidence in India’s economic fundamentals. Discussions with global leaders in artificial intelligence, robotics, and cybersecurity highlighted India’s emerging role as a reliable technology and innovation partner. Vaishnaw emphasized India’s skilled talent pool, robust digital infrastructure, and stable policies as key factors driving this growing trust.
