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Davos Leaders Hail India as Top Global Market with 1.4B Consumers

Industry leaders at the World Economic Forum in Davos have expressed strong confidence in India's economic future, highlighting its vast consumer market and political stability. Satish Rao of the Swiss Chamber cited India's 1.4 billion people and steady governance as key attractions for global players. European entrepreneurs like Dewi Leitner and Jochen Hurlebaus praised the country's rapid growth, infrastructure development, and trustworthy environment, with many planning to start ventures there. The consensus positions India as one of the world's most promising and attractive hubs for business and investment.

Key Points: Davos Leaders Call India a Top Growth Market

  • 1.4 billion captive consumer base
  • Stable political environment praised
  • Rapid infrastructure investment
  • Growing trust among international investors
  • Strong startup interest from European entrepreneurs
2 min read

Industry leaders hail India as a promising growth hub at Davos

Industry leaders at Davos praise India's stable politics, 1.4B consumer base, and rapid infrastructure growth as key draws for global business.

"I strongly believe and agree that in today's situation, India is an amazing market for global players. - Satish Rao"

Davos, Jan 22

Industry leaders and investors from across Europe and beyond have expressed strong confidence in India's economic future, describing the country as one of the most attractive markets for global businesses.

Speaking to IANS on the sidelines of the World Economic Forum (WEF) here, they highlighted India's large consumer base, stable political environment, rapid infrastructure development and growing trust among international investors.

Satish Rao, President of the Swiss Chamber, said India stands out as an exceptional market in today's global scenario.

"I strongly believe and agree that in today's situation, India is an amazing market for global players for the following reasons," he mentioned.

"Number one, it has a captive consumer base of 1.4 billion people. It has a steady and stable political environment," Rao added.

Echoing similar views, Dewi Leitner, President of the European Small Size Enterprise, said she is extremely positive about the Indian economy.

Having visited India three times, she said she is excited not just about the country's economic potential but also about its people.

"I think the relationship is growing very well. I'm truly impressed by how fast India's economy is growing. It is a trustworthy country, and I definitely plan to start a startup there," Leitner mentioned.

Entrepreneur Jochen Hurlebaus said India has a very strong economic future ahead. He pointed out that the country is investing heavily in infrastructure and is transforming its economic environment to support business growth.

"I have seen the country investing heavily in infrastructure and transforming the economic environment to allow companies to thrive. This is one of the key reasons why I believe India will be very successful in the future," Hurlebaus added.

Investor Juliana also expressed optimism about India, saying economic ties with the country are strengthening rapidly.

She said she is impressed by the speed at which India's economy is growing and described it as a trustworthy nation.

Reflecting growing global interest, she added that she definitely plans to start a startup in India.

- IANS

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Reader Comments

S
Sarah B
As an expat working in Bangalore, I can confirm the energy here is incredible. The startup ecosystem is buzzing. It's great to see this confidence from global investors at Davos.
P
Priya S
Positive news, but I hope this growth is inclusive. We need to ensure that development reaches the rural areas and smaller towns, not just the metros. The promise is there, but execution on the ground is key.
V
Vikram M
Stable political environment is a huge plus for any investor. It gives long-term visibility. Now we need to focus on simplifying regulations further to make it even easier to do business here. Jai Hind!
R
Rohit P
Amazing! When international leaders praise our people and culture, it feels special. It's not just about economics, it's about the human connection. This is the real soft power of India.
K
Karthik V
While the optimism is welcome, we must be cautious. We need to build domestic manufacturing strength and not just be a consumer market for global players. "Make in India" needs to be the real focus.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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