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India Wins Global Trust at Davos as Major Firms Eye Expansion

Union Minister Ashwini Vaishnaw reported strong global confidence in India's growth story at the World Economic Forum in Davos. Major international companies like Maersk and Honeywell are actively engaging to expand operations in logistics, semiconductors, and railway modernisation. Singapore's Temasek has also expressed a clear desire to increase its investment presence in India's infrastructure and startups. Discussions with leaders in AI and cybersecurity further underscored India's rising role as a trusted technology and innovation partner.

Key Points: India's Growth Wins Global Trust at Davos: Vaishnaw

  • Global confidence in India growing at Davos
  • Maersk engaging on logistics & semiconductors
  • Honeywell expanding manufacturing & railway modernisation
  • Temasek keen to increase India presence
  • AI & cybersecurity leaders see India as trusted partner
2 min read

India's growth story wins global trust at Davos: Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw says global confidence in India is soaring at Davos, with major firms like Maersk and Honeywell expanding engagement.

"Maersk is actively engaging with India in enhancing logistics infrastructure across shipping, ports, & railways, and semiconductor materials - Ashwini Vaishnaw"

Davos, Jan 22

Union Minister Ashwini Vaishnaw on Thursday said that global confidence in Bharat is growing stronger, as leading international companies and investors showed keen interest in expanding their engagement with India at the World Economic Forum.

Speaking about key meetings on the sidelines of WEF, Vaishnaw highlighted that India's development journey, reform-driven growth and focus on future-ready infrastructure are drawing attention from global industry leaders.

He said the discussions at Davos clearly reflected that India is being seen as a trusted and reliable partner in global value chains.

The minister said global logistics major Maersk is actively engaging with India to strengthen logistics infrastructure across shipping, ports and railways.

He added that discussions also covered cooperation in semiconductor-related materials, an area critical to India's long-term manufacturing and technology goals.

"Maersk is actively engaging with India in enhancing logistics infrastructure across shipping, ports, & railways, and semiconductor materials," Vaishnaw stated.

"Honeywell is partnering with India in railway modernisation. It is keen to expand manufacturing operations in India," the Union Minister added.

He further said that US-based technology firm Honeywell is partnering with India in railway modernisation and has shown strong interest in expanding its manufacturing footprint in the country.

"Such partnerships support India's push for advanced manufacturing and improved public infrastructure under the Make in India initiative," Vaishnaw noted.

Highlighting investor interest, the minister said Temasek Chairman Mr. Teo Chee Hean expressed a clear desire to expand Temasek's presence in India.

He added that Singapore remains committed to investing in India's physical and digital infrastructure, as well as in deep-tech startups, reflecting long-term confidence in India's economic fundamentals.

Vaishnaw also said that discussions with global leaders in artificial intelligence, robotics and cybersecurity underlined India's rising role as a dependable technology and innovation partner.

He noted that India's skilled talent pool, strong digital backbone and policy stability are key reasons behind this growing trust.

"Discussions held with leading minds in AI, robotics, and cybersecurity reflect India's rise as a trusted value-chain partner," Vaishnaw mentioned.

- IANS

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Reader Comments

P
Priya S
While the Davos talks sound promising, I really hope this "global trust" benefits the common person. Railway modernization with Honeywell is good, but can we first ensure the trains run on time and are clean and safe for women travelers? Let's ground the hype in reality.
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Vikram M
Semiconductors, AI, robotics... this is the future. Glad to see India is not missing the bus this time. Our skilled IT workforce is our biggest asset. If we can build a strong manufacturing base for chips here, it will be a game-changer for tech independence.
S
Sarah B
As an investor watching from Singapore, Temasek's continued commitment is a strong signal. India's digital infrastructure and policy stability are becoming very attractive compared to other emerging markets. The long-term fundamentals look solid.
R
Rohit P
Maersk investing in our ports and logistics is huge! This should reduce costs and improve efficiency for our exporters. Jai Hind! 🚢 But the government must ensure these partnerships don't just help big corporations but also our small and medium businesses.
K
Kavya N
Trust is earned. The fact that global majors are engaging shows our reforms are working. However, we must stay focused. The real test is execution on the ground and ensuring the benefits reach all sections of society, not just metro cities.

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