Compilation of crisp and concise coverage of what the Stalwarts in the Indian Economy and Industry think and forsee for India's Growth story during Week 1 at World Economic Forum's Davos Summit 2019

1. WORLD ECONOMIC
FORUM - DAVOS 2019
INDIA – KEY INSIGHTS FROM STALWARTS IN THE INDUSTRY
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2. ANAND MAHINDRA QUOTED
• India Unlike many other countries is on track to meet Paris commitments

3. NITI AAYOG CEO AMITABH KANT QUOTED
• Urbanization to be the big driver of India’s Economic Growth
• Indian Economy may even exceed the IMF Growth forecast of 7.5% for the
country

4. BHARTI ENTERPRISES CHIEF SUNIL MITTAL QUOTED
• Foreign Investors look for stability and could hold back investments if there is an
unstable government this election year

5. DR.RAGHURAM RAJAN QUOTED
• India has a lot of old men in the central banks, who have stopped learning. But
Young People – Working with them was really a joy of my life
• India to become bigger than China eventually

6. INTERNATIONAL ENERGY AGENCY QUOTED
• If we look at numbers, India has one of the brightest spots in the global economy

7. OTHER KEY INSIGHTS
• IMF sees India’s GDP growing at 7.5% in 2019 and 7.7% in 2020
• While global economy sees a gradual slump, India is growing from strength to
strength.
• India has the second largest start-up ecosystem in the world
• India is third nation with most unicorns in the world
• India has produced 100 billion units of power using only renewable sources during
2017-18.
• India has managed to reduce the turn-around time on ports from 96 to 64.32 hours
• Drugs and Pharma Industry attracted $3.11 billion FDI in 2014 to 2017 time period.