Anand Sharma meets global CEOs, pitches India growth story

Commerce and Industry Minister Anand Sharma today met top executives of global firms, including Diageo, Heineken and Shell, and pitched the India growth story. Sharma is among a large delegation of ministers as well as business leaders from India who are attending the World Economic Forum annual meeting in this Swiss ski resort town. During his meeting with various high level executives of global companies on the sidelines of WEF meet, Sharma assured them about the growth potential of the Indian economy.

Apart from global spirits major Diageo's CEO Ivan Menezes, Sharma met executives from energy giant Shell, brewing major Heineken and private equity player Carlyle, among others. The Minister held meetings at 'India Adda', set up every year here by India Brand Equity Foundation (IBEF). The meetings come against the backdrop of the Indian economy witnessing slow growth. The government is looking at ways to attract more foreign direct investments.

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He would be also participating in an investment round table here tomorrow and that event is expected to see attendance of about 80 top executives from Indian and foreign companies. An official release from New Delhi yesterday had said that the Minister would meet key global CEOs from defence, retail, oil and other sectors. Besides, he would meet US Trade Representative Michael Froman and WTO chief Roberto Azevedo on the WEF sidelines.

These meetings would be happening for the first time after WTO's ministerial conference in Bali. Overcoming a string of failures over the years, the WTO reached a landmark agreement in Bali that is expected to help boost global trade by USD 1 trillion, while taking on board concerns of countries like India to protect its food security scheme to provide subsidised grains to the poor.

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