India's Modi heads to Davos to woo more foreign investors

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Mr Modi will address the plenary session of the World Economic Forum on the 23rd during his visit.

On being asked about his friendship with top world leaders, PM Modi said, "While I stand alongside the top leaders, I always see myself as the representative of over 1.25 billion people of my country".

WEF is an global body, based in Geneva, Switzerland. Last year, Modi made a first trip to Israel by an Indian prime minister ever. There will also be a bilateral engagement with the President of Switzerland, and occasions for other pulls asides as needed.

This comes as India's economy has slowed, weighed down by the impact of demonetisation and the effects of the introduction of a new goods and services tax, or GST. "This is very important and there will be many more deals", Netanyahu said in a brief video statement during his five-day visit to India.

"Topics on the agenda of the working meeting (of President Berset) with Indian Prime Minister Modi on Monday include business and trade matters, particularly the ongoing negotiations on a BIPA and the envisaged free trade agreement between the EFTA and India", the Swiss government said.

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The annual meet of the WEF would be beginning on January 22.

Among those attending the dinner will be the heads of Airbus group, Hitachi group, BAE Systems, IBM, and the Carlyle group.

Speaking about various government schemes, the Prime Minister said that in the last one year, more than 70 lakh people have joined the EPFO and over 10 crore people have benefited from the Mudra scheme, under which almost Rs 4 lakh crore has been disbursed. He also said that there is no meeting planned with Pakistan Prime Minister Shahid Khaqan Abbasi.

However, he said, efforts were continuing to fulfil the "Make in India" component of the agreement by promoting collaborations between companies from the two countries.

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