BUSINESS

Ashwini Vaishnaw highlights vision of New India at WEF 2025

Thursday, 23 Jan, 2025
The minister visited the rail coach manufacturing plant of Stadler Rail at St. Margrethen, Switzerland. (Photo courtesy: X@AshwiniVaishnaw)

Davos: Minister of Railways, Electronics & IT Ashwini Vaishnaw has highlighted the vision of a New India with its transformative rail initiatives and sustainable infrastructure growth in his meetings with global industry leaders at the World Economic Forum 2025.

“With Prime Minister Narendra Modi benchmarking India’s efforts to the global best…There is a lot of interest around the world for our made-in-India products,” Vaishnaw, the leader of the Indian delegation, said after attending a dinner hosted by the WEF Board of Trustees.

The engagements at WEF 2025 in Davos exemplify India’s proactive approach to embracing global best practices and technology to achieve the dual goals of economic growth and sustainable development, the minister added.

Vaishnaw has held meetings to forge deeper collaborations with global industry leaders as part of the vision to establish India as a global manufacturing hub.

The discussions underscored India's commitment to fostering international collaboration and embracing innovative technologies in the railway sector.

The minister also attended a presentation by Swiss Federal Railways (SBB) in Zurich before arriving in Davos, where the latest advancements in infrastructure diagnostics were showcased. Vaishnaw engaged with Swiss experts to understand the cutting-edge technologies that can bolster operational efficiency and safety within the Indian Railways system.

This was followed by a meeting with leading railway sector SMEs, including Rhomberg Sersa Ag, Selectron, Ucentrics, Autech, and nu Glass. These interactions focused on exploring potential partnerships and technology transfers, particularly in areas such as smart railway solutions and sustainable manufacturing practices.

As a global leader and a unifying voice of the Global South, India is seen to embody the ethos of unity and collective progress.