PM Modi Has A Great Story To Tell In Davos, Spicejet Chief Says
There is a lot of interest in India’ story at the World Economic Forum in Davos this year, says Ajay Singh.
Prime Minister Narendra Modi has a great story to tell about the significant reforms undertaken in India and a greater story about 1.4 billion Indians, a young population and a massive market for the world, Ajay Singh, chief executive officer at SpiceJet, said.
Singh said that the World Economic Forum in Davos is a very big occasion for India as an Indian Prime Minister is attending the summit after 20 years.
“When we saw Chinese premier Xi Jinping at WEF last year, there was a lot of focus on China and so it’s natural that there would be a lot of focus on India this time,” Singh said today.
Singh, who himself has scripted a major turnaround story after taking over no-frills carrier Spicejet, said that India has a real terrific story to tell in Davos.
There have been very significant reforms including the Goods and Services Tax rollout which have been in-waiting for so many years. There are also developments like bankruptcy law, digitisation and formalisation of the economy on a fast track basis, 42-place jump on ease of doing business index, etc.Ajay Singh, CEO, SpiceJet
“There is a good story on all economic parameters and of course there is the larger story also of 1.4 billion people, of a young population and of a massive market,” he said.
It’s a great story and who can be a better orator than the Prime Minister to tell this story, he added. “India will create the buzz this time at Davos and there is no question about it,” he said.
Singh said that he and all other Indian CEOs are already seeing overflowing meeting requests and there is certainly a lot of interest about India this time.
In the largest ever Indian presence in the 48-year history of WEF summit in the Swiss ski resort town, more than 130 Indian CEOs are present along with over 2,000 business leaders and 70 heads of states and governments. Besides, several other leaders from politics, business, academia, art, culture and civil society are also present for the event which opens today and will close on Friday.