Chidambaram to woo international investors at Davos

Chidambaram to woo international investors at Davos
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First Published: Sun, Jan 20 2008. 01 22 PM IST
Updated: Sun, Jan 20 2008. 01 22 PM IST
PTI
New Delhi: Global investors at the World Economic Forum are going to be wooed by the Indian government and captains of industry who have lined up impressive presentations as also mounted a well chosen delegation to represent the country’s economic and business interests.
P Chidambaram,finance minister will be accompanied by his ministerial colleagues Kamal Nath and Praful Patel, will represent India at the World Economic Forum at Davos from 23-27January and is expected to hard sell the India story to global investors at Switzerland’s skiing resort.
Besides the central ministers, Vilasrao Deshmukh, chief minister, Maharashtra and over 50 Indian corporate honchos will rub shoulders with who’s who of international political and business leaders.
The finance minister will address a special session on India’s International Agenda, where he is expected to ask investors from the US, Japan and European countries to invest in India, especially in the infrastructure sector, estimated to require $475 billion in the next five years.
Chidambaram’s views on global credit crunch and the impact on emerging economies are likely to draw interest of top CEOs from both manufacturing and services sectors.
Bill Gates, chairman, Microsoft Corp and Michael Dell, chief executive, Dell will be among the 1,370 top level corporate executives in Davos, according to organizers.
Among Indian corporate leaders, Sunil Bharti Mittal, group chairman,Bharti Airtel, Mukesh Ambani, chief, Reliance Industries, MV Kamath, CEO & MD, ICICI Bank and Rahul Bajaj, chief, Bajaj Auto will also be present.
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First Published: Sun, Jan 20 2008. 01 22 PM IST
More Topics: FM | Davos | Chidambaram | investors | Sunil Mittal |