The World Economic Forum's annual Davos summit for 2023 ended with a call for unity and a win-win world. The focus was on cooperation in a fragmented world. On the economy, business leaders were upbeat about the US and European Union's recovery, while the Chinese Vice Premier Liu He made a strong pitch about his country's opening up. On climate, there was much talk but little action. On Ukraine, there was a demand for more military and financial aid.
As for India, a high-level delegation from the Indian side coupled with senior State Government representation was present at WEF 2023 to strengthen India's position as a strong global player. Invest India is promoting Asia's third-biggest economy at the event, and their aims include ensuring better access globally to clean technologies that would reduce emissions and promoting products that were made in India. Concrete actions to drive India's economic transformation over the coming years include financial sector reforms and developing new industries.