India puts ‘new reality’ on display with Davos street show

SWITZERLAND: Bright colours and bold logos proudly signal where India has set up base on the main street in Davos this year, as the country trumpets its pro-business and foreign investment drive.

Inside a pavilion on the Swiss Alpine resort’s Promenade street beneath an “India @ Davos 2022” logo, the federal government served up treats including ‘masala chai’ tea, ‘samosa’ snacks and other spicy delicacies.

Clustered around it are six Indian states with their own lounges, housed in what are usually high street shops.

“It’s an Indian street, it should be called ‘Little India’. It shows the country is open for investments,” said Samir Saran of India’s Observer Research Foundation.

Union Commerce Minister Piyush Goyal said Prime Minister Narendra Modi had suggested bringing states together to showcase unity at the gathering of business and political leaders at the World Economic Forum.

“Investors love this kind of a messaging,” Goyal said.

While India has long had a presence at the World Economic Forum, several officials and attendees from Asia’s third-largest economy said it was not previously so prominent.

At the government’s base, food was being prepared by a team of 15 chefs who were flown in from India, along with 450 kilograms of vegetables and local spices, head chef Guru Nathan told Reuters, as people enjoyed a fragrant morning buffet.

“We were asked to keep the spice moderate so that everyone can enjoy (the food),” Nathan said.

Only a few steps down the road, tech giants Infosys, Wipro and HCL Technologies have set up their bases close to those of Alphabet’s Google, Meta and Intel.

A government official put the number of Indian officials attending Davos at more than 100, with scores of company executives and a handful of start-ups also present. Goyal estimated overall there would be 200 Indian participants.

“We have record numbers from India,” Sriram Gutta, head of India agenda at the WEF, said.

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