The slowdown in the economic slowdown has not made India’s attractiveness in Davos

The report comes from the “Indian internal” news communication of CNBC this week. The news communication brings you the timely news and market comments on the prompting power of the emerging power and the timely prompting company behind its rapid rise. Do you like what you see? You can subscribe to here.

Seven years ago, Narendra Modi, a Indian Prime Minister in Davos, said that India’s ambitions would become a $ 5 trillion economy by 2025.

“The people and youth of India now Ready to contribute to the creation of the economy By 2025, he outlined $ 5 trillion in his 2018 World Economic Forum (WEF) speech.

Modi added: “When the spirit of innovation and entrepreneurs … help (individual) transforms from job seekers to job seekers, not only that, only the number of ways to open up for their own country can be imagined.”

It can be said fairly that the achievement of this goal has been proven to be difficult.

India’s economy is expected to exist According to the International Monetary Fund, 42 trillion US dollars this yearThe goal of Modi is less than $ 73 trillion.

It is Economic slowdown Has been questioned the country’s lofty goals. Market observers believe that India is now in a periodic slowdown.

Interestingly, India’s story and its growth potential continue to attract investors in India, Davos and other regions.

India is Top five territories The consulting company Pacific Road investigates the global CEO, hoping to invest in the next 12 months. Among the 4,700 CEOs of the United States, Britain, Germany and mainland China, the top five territories on the other territories ranked among the top five among the five countries.

Optimization of India has spread to the discussions of Vos.

Talk to CNBC in the onmounts of this year’s World Economic Forum, Khaldoon Al Mubarak, Managing Director and CEO of Mubadala India is described as “a very interesting country (and) a very interesting market.”

In the indicators of India’s potential, it is its huge and young crowd. Mubarak said that about 480 million Indians are less than 18 years old-greater than the American population, the total population of Europe, the number of people in the Middle East, and the South American population under the age of 18 in South America.

He said: “Over the years, we have been investing in India, and we continue to work in establishing an investment portfolio in India and truly entering the beginning of the beginning.”

He added that this cycle “In my opinion, it will continue.”

Mubadala (Mubadala Faith industryReturned technology giant JIO platform.

PROSUS is another investment company that wants to fulfill India’s growth potential, especially the country’s technology industry.

“You see the influence of Indian technology … They said ‘We are ready to the next step’,” the company’s CEO Fabricio Bloisi told CNBC In the summit’s watch.

He added: “Prosus is going to invest more in India. In the past few years, we have invested $ 8 billion there, and we will invest more.”

Indian Startups Prosus has invested in the food delivery company SWIGGY, Edtech company Byju’s, Agritech Player Dehaat and electronic business platform Meesho.

Major events in skills

Interests of India-Especially their technical and start-up opportunities-more widely concerned the interests of the development of the industry with the government.

The main priority of the delegation of the Indian delegation this year is to deepen its foothold in the semiconductor industry through government incentive measures and goals.

This includes the development of its own graphics processing unit (GPU) in the next three to five years Tell CNBC-TV18 on the bestation line of the weF conferenceEssence

He revealed that other projects including India plans to develop 25 indigenous chipset plans Design and manufacture in the countryEssence It is expected to launch the first chip in September and launch the first chip by 2026.

Vaishnaw also outlines the government’s goal of providing 1,000 GPUs for the basic computing rights, especially to benefit from startups that lack visits.

He added that this is part of the government’s focus this year to cultivate talents and use data to create powerful data sets to train the AI ​​model.

Vaishnaw has led India’s largest delegation this year. Since the representatives of eight states, it has participated in: Andella, TELANGANA, Karnataka, Karnataka, Kerala, Kerala, Tamil Nadu, Maharashtra, West Bengal and Utt AR PRADESH, everyone have Compete for investment For their upcoming initiative.

For example, the chief minister of Andelabon, Qian Drababu Naidu According to reports, the state’s business friendly policy Hope to attract multinational companies United Leihua,,,,, PepsiGoogle Cloud and AstrikanEssence

At the same time, its neighbor TELANGANA showed its professional knowledge in electric vehicles, pharmaceuticals and semiconductors. According to reports, in other places, Mahara Shitra is manifested as Indian industrial powerEssence

A large number of Indian officials in Davos may be recognized by such a fact, that is, companies, especially those companies that only exist for a few years, have more capital to raise funds in China.

ANZ Bank’s foreign exchange strategist and economist Dhiraj Nim said that due to the uncertainty and geopolitical risks of economic policy, foreign investment in the country is “dry”.

He suggested that a method of the Indian government is to “promote the facilities of India’s business by reducing the cost of politics and regulatory costs.”

“Even if the global variables cannot be controlled, India can do a lot of things. India plans to become a developed country by 2047, so we need to increase more powerful than 6-7 % of our habits. Growth will have more investment through the growth. And enhance labor productivity and technical capabilities, which can be achieved. “

How India plans to continue to develop at a sustainable speed, and at the same time, the problem of providing work and increasing productivity is the biggest mind of the Indian government. Mr. Ashvini Vashner, the Minister of Electronics and Information Broadcasting in Davos, the Minister of Electronics and Information Broadcast, sat down and discussed with a group of global executives, investors and Indian entrepreneurs. Breakfast organized by the BRUNSWICK Group and CNBC at the line of online organizations of the World Economic Forum enabled executives and investors to ask the Minister’s issue and discuss India’s investment environment.

India may reduce its investment target for fiscal year. The government is looking for Reduce investment and asset monetization goals According to the Economic Times, 40 % from 2024 to 2025 (or less than 300 billion rupees (US $ 3.47 billion) (US $ 3.47 billion) from 2024 to less than 300 billion rupees (US $ 3.47 billion). The regulatory obstacles and valuation difficulties have proven to be obstacles, but the government of Prime Minister Narendra Modi still sells more shares than the previous government among state -owned companies.

The quadrilateral convenes and reiterated their partnership. According to a joint statement issued after Washington’s talks in Washington, the organization of the organization’s foreign minister held the composition of the United States, Australia, India, and Japan on Tuesday, and emphasized the importance of retaining free Indian Pacific Ocean. U.S. Secretary of State Marco Rubio’s meeting on the first day of work aims to show Anti -China is the top priority of the Trump administrationAnalyst said.

Indian oil prices may rise. The United States is imposed New sanctions on Russian oil On January 10, because India imported about 40 % of oil from Russia, according to Kpler, New Delhi Trade Intelligence Company, it may suddenly face a tightening of supply. The supply interruption to India may be Rame 500,000 barrels per dayRystad Energy’s senior analyst Viktor Kurilov told CNBC. In order to reduce the impact of potential oil, Indian importers are seeking to import oil to the Middle East supplier.

Indian stocks traded this week. this Nifty 50 The index fell 0.03 % this week, with a close stock of 23,205.35 points.

The yield of Indian government bonds for 10 years is 6.78 %

BNP Paribas’s Indian analyst Kumar Rakesh said on CNBC TV this week Optimistic emotions for the Indian automotive industryEssence Laxsh said that in recent years, India’s passenger and motorcycle export rates have been growing at a very strong speed, especially in Africa, Latin America, the Middle East and Southeast Asian markets. In addition, Indian car manufacturers can enjoy greater profitability, because their production costs are one of the lowest profitability in the world in China.

At the same time, Jose Rasco, the global private bank of HSBC and wealth managed the Americas, acknowledged that the Indian market is not cheap, but this is because investors are “”Payment quality“Some functions of attracting investors into India are its youthful and diverse economy. In recent years, legal systems and productivity have been improved.