In twenty years, India's GDP is over six times: Modi at WEF in Davos

Davos/ Mumbai: Prime Minister Narendra Modi on Tuesday said, in 1997 when former prime minister of India visited Davos, India's GDP was 400 billion dollars, but after two decades now it is more than six times.

Delivering a keynote address at the plenary session of the World Economic Forum (WEF) annual meet in Davos, Modi said, "I am happy to be in Davos to address the World Economic Forum. This Summit seems to find solutions to the various problems the world faces. I thank the people and Government of Switzerland for the warm welcome here."

Modi is the first Indian Prime Minister to attend the WEF in Davos since Deve Gowda in 1997. Earlier, Modi said that he looks "forward to sharing my



vision for India's future engagement with the international community".

The top annual global business is being attended by 70 head of states. 38 heads of major international organisations such as the WTO, the IMF and the World Bank, and nearly 2,000 CEOs including over 100 from India are present at the summit.

The Prime Minister said in 1997, Amazon was just a forest and tweet was just about a bird. He said WEF is creating a shared community in a fractured world.

Modi said, "Technology is assuming immense importance in this era. We have mountains of data now."

Modi further said, data is a big asset today and is posing a big challenge