Jan 19, 2023

World Economic Forum First Movers Coalition (FMC) Meeting

World Economic Forum First Movers Coalition Meeting

World Economic Forum First FMC Meeting 

India took part in the World Economic Forum's First Movers Coalition (FMC) Leadership Meeting. India Lounges at World Economic Forum (WEF) in Davos very nicely received; trip excessive footfall of traffic Secretary, Department for Promotion of Industry and Internal Trade (DPIIT),Shri Anurag Jain highlights India’s function in democratizing the digital ecosystem at the CII-EY Session at the WEF Posted On: 19 JAN 2023 9:05PM through PIB Delhi India participated in the First Movers Coalition (FMC) Leadership Meeting of the World Economic Forum which deliberated on the world want for easy strength technologies to confront local weather disaster globally. Industry leaders liked India’s battle towards COVID leveraging digital applied sciences and additionally expressed their appreciation for Government partnering with industry in its fight. Secretary additionally participated in a public WEF Session alongside Kono Taro, Minister of Digital Affairs of Japan where he highlighted efforts taken in the direction of data collaboration.  At the Europe for Indian Business hall aimed at catalyzing investments in sustainable infrastructure, Secretary highlighted the need to enable mutually really useful partnerships and facilitate investments for European companions in India. Secretary also held more than one one-on-one conferences with the industry leaders. The typical footfall in all the three lounges was once greater than 900 on the first day. India’s presence through three lounges has gained big traction and is widely discussed amongst the international business community and netizens amongst others. This has virtually amplified India’s participation at WEF Annual Meeting 2023 at Davos. India Lounge at Promenade sixty eight The hub for essential enterprise activities in Davos, the India Lounge was once bustling with interactions among world commercial enterprise leaders, stakeholders from media, senior officials from other governments, multilaterals etc. The day commenced with a high-powered open panel on ‘Building Unicorns 2.0’ observed by means of a closed-door roundtable on ‘Europe for Indian Business corridor’ which used to be aimed enabling collectively advisable partnerships which includes technological know-how transfer to allow investments and promote increase in the course of the funding lifecycle. The EU Bank has also shared it format for energetic engagement with India.  The India lounge alone noticed a footfall of greater than 450. Sustainability Lounge at Promenade forty nine There were two classes held at the Sustainability Lounge- the Road to net zero: the role of PPP and some other one on The lounge displayed insights on technological know-how for environment, financing, behavioral change, spirituality in consonance with environment had been discussed. This lounge too had excellent response with a footfall over 300 today. India Inclusivity Lounge at Promenade 63 The lounge used to be visited by Shri Ashwini Vaishnaw, Minister for Railways and Electronics and Information Technology. He was once impressed with the Craft Tracing Technology being showcased to apprehend the beginning of the products. The Minister for Health and Family Welfare additionally visited the lounge. He experienced the show of Augmented Reality of Channapatna Toys and the Virtual Reality immersion of Jalandhar Sports Goods. The lounge made available QR code giving small print of dealers for most of the merchandise displayed via virtual for further purchases/engagements on these products. The Union Ministers also had WEF periods on assorted matters of importance such as Meeting of the Reskilling Champions, Gender Parity for Economic Recovery, Economics of Women’s Health, Accelerating Gender Parity in STEM, interaction with international stalwarts of industry throughout a variety of sectors which include Electronics, Semi-conductors, Telecom, conferences with captains of enterprise across sectors which includes healthcare, Pharma sectors , Chemicals, Fertilizers, and Policy Meeting on Global Health care.