The Andhra Pradesh delegation, led by Shri Nara Lokesh, Minister for Panchayath Raj, Rural Development, ITE&C, Govt of AP, had an extremely productive visit to World Economic Forum's Annual Meet.
The World Economic Forum’s Annual Meeting brings together leaders of global society, including heads and members of more than 100 governments, top executives of the 1,000 foremost global companies, leaders of international organizations and relevant non-governmental organizations, the most prominent cultural, societal and thought leaders, and the disruptive voices of the Forum’s Young Global Leaders, Global Shapers and Technology Pioneers.
Andhra Pradesh has a long-standing relationship with the World Economic Forum and has been a regular participant at their Annual Meeting held at Davos, Switzerland from 22-25 February 2019
The high-level Government delegation represented the state of Andhra Pradesh and shared the vision and strategy to make Andhra Pradesh a preferred investment destination and best state in India by 2029.
This year the State Government officials have hosted and participated in a number of discussion forums, round table conferences and key one-on-one meetings with Global CEOs, all which have been facilitated and curated by the Andhra Pradesh Economic Development Board.
The WEF Annual meeting was a great opportunity where the state showcased its unique culture and where it projected itself as the best investment destination in India. The meetings at Davos have led to successful collaborations and receiving of multiple investment intents into the Sunrise State of Andhra Pradesh.
Andhra Pradesh has hosted multiple panel discussions at Davos attended by eminent personalities.
Please find below the agendas of various panels and the links to the videos of the discussions.
Equitable Globalization in an Industry 4.0 world: Getting India Ready
Sunrise Andhra Pradesh Lounge, Promenade 68, 1830 to 2000 hours, Jan 22, 2019
Globalisation ushered a developmental paradigm in India, brought growth in manufacturing and services sectors, and enabled achievement of long term socio-economic goals.
The new model of globalization is influenced heavily by Industry 4.0, which is not only revolutionizing manufacturing processes but also having a powerful impact on the workforce and increasing the ease of access to services using digital platforms. It is imperative to deliberate upon its impact on India, and its envisaged role in the global economy.
In a country of 1.25 billion, the new avatar of globalization needs to promote equitable growth across the regions, and enable bridging the gap between the ‘haves’ and ‘have-nots’. The government and private sector will have to play an important role, in developing new models of governance, policy frameworks and technology adoption with an ambition to drive inclusive growth and investment opportunities in new areas. India could be a role model for others to follow.
Global Economy: Challenges of Emerging Nationalism
Sunrise Andhra Pradesh Lounge, Promenade 68, 1700 hours, Jan 23, 2019
The concept of and benefits related to globalisation are coming increasingly under fire from a broad section of society. This has been caused largely by the increasing inequality and insecurity caused by globalisation. As a result, a belief has gained currency that the economy of one country can prosper at the expense of others and that one can exclude others from our markets while enjoying unfettered access to theirs.
The growth of such thinking amongst leadership of some of the flag-bearers of globalisation and open markets is a cause for worry. In the long-term protectionism can lead to wealth denudation and international tensions at a scale not seen before.
At the same time proponents of globalisation must work to ensure that the benefits of globalisation are much more equitable and inclusive. This will mean that existing mechanisms will have to be re-evaluated and public institutions will need to take a more holistic view on spending priorities. In the absence of a holistic equitable framework for globalisation, economic nationalism will take root and prosper and the promise of a brave new world will remain unfulfilled.
Technologies of Tomorrow
Sunrise Andhra Pradesh Lounge, Promenade 68, 1200 t0 1400 hours, Jan 23, 2019
Technologies for Tomorrow has been designed as a platform where top innovators from across geographies and verticals get an opportunity to share their vision of how their products and services will impact our future. With a view to connect with discerning audiences of investors, CEOs, civil society representatives and media, the first three editions starting 2017 were planned at Davos. Buoyed by the response, we now propose to take Technologies for Tomorrow to other cities in India and overseas, especially to educational institutions - hoping to inspire the next generation of innovators.
Mega Cities for Tomorrow
Sunrise Andhra Pradesh Lounge, Promenade 68, 1200 t0 1400 hours, Jan 24, 2019
By 2045, the number of people living in cities will increase to 6 billion. Adding 2 billion more urban residents to the world’s cities has been an immense challenge. Most cities around the world has been unable to take in the 70 million new migrants due to infrastructural bottlenecks.
With more than 80% of global GDP generated in cities, urbanization can contribute to sustainable growth if managed well by increasing productivity, allowing innovation and new ideas to emerge.
Mega Cities for Tomorrow will bring together experts and innovators from across disciplines to discuss, debate and deliberate on the future of sustainable urbanisation and inclusive economic growth and progress.