India’s political and business leadership has made a strong impression at the World Economic Forum Annual Meeting in Davos, with senior Union ministers and chief ministers from ten states highlighting the country’s economic growth and investment potential. Andhra Pradesh Chief Minister N. Chandrababu Naidu compared India to a “sleeping giant”, predicting that the country will become the world’s number one economy by 2047.
Speaking at the inauguration of the India Pavilion, Naidu noted that India is already the fourth-largest economy globally and is expected to reach the third position within the next 2–3 years, eventually becoming the second-largest by 2048. “We are fighting with giants, but India is a sleeping giant, and if we wake up, we will be the number 1 by 2047,” he said, emphasising the country’s growth potential and attractiveness for global investors.
Other state leaders also showcased their achievements and investment opportunities. Assam Chief Minister Himanta Biswa Sarma highlighted his state’s rapid economic growth under central government initiatives like the Act East policy. Jharkhand Chief Minister Hemant Soren welcomed participants with the traditional greeting ‘Johar’ and stressed the importance of collaborative efforts to make India a developed nation by 2047.
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Union ministers reinforced the message, with Pralhad Joshi noting that while global growth slowed, India accelerated, and Civil Aviation Minister K. Rammohan Naidu citing India’s rise as the third-largest domestic civil aviation market. State ministers from Kerala, Telangana, Karnataka, and Uttar Pradesh highlighted sector-specific reforms, investment-friendly policies, and successful conversion of expressions of interest into actual deals.
Gujarat Deputy Chief Minister Harsh Shanghavi and Telangana Minister D. Shridhar Babu underscored their states’ focus on niche policies and progressive initiatives, aiming to attract substantial global investments. Karnataka Minister M. B. Patil expressed pride in India’s extensive representation at Davos, emphasising that the country is not merely participating in global growth but actively driving it.
The India Pavilion, the largest and most diverse political representation at the forum, serves as a platform to inform the world of India’s economic story. Leaders across the spectrum conveyed a unified message: India is a safe, attractive, and rapidly expanding destination for investment, with states and the central government working in tandem to sustain long-term growth.
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