India at WEF: Tikam Shekhawat Breaks Down the Benefits of State Representation

Tikam in Switzerland

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Davos, 25th January 2025: Tikam Shekhawat, Consulting Editor at Punekar News, has emphasized the importance of Indian states’ representation at the World Economic Forum (WEF) in Davos, Switzerland, while addressing public discourse and criticism on social media. Here’s an overview of his views:

1. Importance of Representation at Davos

Shekhawat highlights that India’s participation at the WEF is a strategic move to showcase the nation’s economic potential, attract global investments, and build international partnerships. State-level participation is equally vital as it allows states to present localized opportunities and initiatives on a global platform, creating awareness of region-specific growth areas.

2. Criticism Over MoUs with Indian Companies

Some critics on social media pointed out that many Memorandums of Understanding (MoUs) signed by Indian states during WEF are with Indian companies rather than global firms. Shekhawat argues that this is not necessarily a drawback. Instead, it shows how Indian businesses are stepping up to support state development agendas. Domestic investments often act as a precursor to attracting global investors by showcasing stability, growth potential, and successful case studies.

3. Changing Global Perception of India

He also stresses that India’s growing presence at international events like Davos signals the country’s ambitions as a major economic power. States actively participating—whether through showcasing green energy initiatives, infrastructure projects, or digital innovation—reflect India’s commitment to decentralized growth.

4. Benefits of State Representation

Shekhawat notes several key advantages:
• Tailored Investments: States can pitch their unique resources, policies, and projects directly to potential investors.
• Competitive Environment: Inter-state competition fosters innovation and better governance.
• Global Collaboration: Direct engagement with international stakeholders helps states align their goals with global standards.

5. Constructive Criticism is Welcome

While defending the participation of Indian companies in MoUs, Shekhawat agrees that constructive criticism can ensure transparency, accountability, and better alignment with global objectives.

In conclusion, Tikam Shekhawat believes the WEF is a critical platform for Indian states to amplify their voice on the world stage. While there are areas to improve, he sees the growing involvement of Indian businesses as a testament to the country’s self-reliance and evolving economic leadership.