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HomeNewsIndiaWEF founder Klaus Schwab sees India as a bright spot in global economic and political gloom

WEF founder Klaus Schwab sees India as a bright spot in global economic and political gloom

'India’s G20 presidency comes at a crucial time, Prime Minister Narendra Modi’s leadership is critical in this fractured world,' Schwab has said

January 21, 2023 / 11:23 IST
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Klaus Schwab, the founder and chairman of the World Economic Forum.

Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), has hailed India's leadership for decisive action on climate change and its contribution to the global healthcare system.

“I commend the country’s decisive action on the climate case for renewables, its contribution to the global healthcare ecosystem, the focus on an economic model for women-led development, and its leadership on digital public infrastructure,” he said in a statement on January 20.

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"India remains a bright spot amid global geoeconomics and geopolitical crises."

Schwab said that he interacted with the ministers and top business leaders from India during the WEF annual meeting in the Swiss resort town of Davos.