DAVOS, Switzerland – India’s star is shining brighter on the global stage, with Union Minister Ashwini Vaishnaw declaring a surge in international confidence driving major companies to expand operations in the country. Speaking on the sidelines of the World Economic Forum (WEF), Vaishnaw highlighted how India’s robust growth trajectory, bold reforms, and future-ready infrastructure are captivating global leaders.
The minister pointed out that discussions in Davos underscored India’s emergence as a reliable partner in global value chains. ‘The world is placing its trust in India like never before,’ Vaishnaw stated, emphasizing the shift in perceptions among investors and corporations.
A key highlight was the active collaboration with global logistics powerhouse Maersk. The company is engaging deeply with India on strengthening shipping, ports, railways, and even semiconductor materials – critical for the nation’s long-term manufacturing ambitions. ‘Maersk is partnering actively to upgrade logistics infrastructure,’ Vaishnaw affirmed.
Honeywell, the U.S.-based tech giant, is equally enthusiastic. It’s partnering on railway modernization and keen to scale up its manufacturing footprint in India. This reflects a broader trend where international firms see India not just as a market, but as a strategic hub.
Temasek, Singapore’s sovereign wealth fund, echoed this sentiment through its Chairman T.O. Chi Hien, who expressed clear intent to bolster presence in India’s physical and digital infrastructure, alongside deep-tech startups. Conversations with experts in AI, robotics, and cybersecurity further cemented India’s role as a dependable value-chain player.
Vaishnaw’s remarks come amid India’s push to become a $5 trillion economy, fueled by infrastructure investments exceeding $1.4 trillion over the next five years. These partnerships signal strong long-term bets on India’s economic foundation, positioning the country as indispensable in the global supply chain reset post-pandemic.
As world leaders converge in Davos, India’s narrative of stability, innovation, and growth is resonating loudly, promising a new era of foreign investment and industrial expansion.