PM MODI TO BE CHIEF GUEST AT WORLD LEADERS FORUM

Why in the news?

  • On August 31 in New Delhi, Prime Minister Narendra Modi is the main guest at The Economic Times World Leaders Forum.
  • Global investors, decision-makers in government, corporate executives, and entrepreneurs will convene at the event to deliberate on the substantial prospects in India.

PM MODI TO BE CHIEF GUEST AT WORLD LEADERS FORUM

About the World Leaders Forum

  • Goal: In light of India’s growing prominence on the world stage, the Forum seeks to give leaders of the international community a forum for discussion on economic growth, innovation, and policymaking.
  • Attendees: Discussions on everything from geopolitical concerns to economic changes are anticipated to include around 400 corporate executives, entrepreneurs, investors, and policy experts.
  • The event’s theme, “Leadership for Global Prosperity,” will highlight India’s economic potential, which has been fueled by a strong post-pandemic recovery, demographic dividend, and policy changes.
India’s Economic Overview

  • Growth Rate: In FY24, India’s GDP grew by 8.2%, making it one of the world’s fastest-growing major economies.
  • FDI Inflows: In FY23, India brought in a record $83.57 billion in FDI, a sign of the confidence that international investors have in the country’s economy.