India shows the way amidst global economic slowdown: WEF

India has demonstrated remarkable strength and resilience amid global slowdown, said President, World Economic Forum (WEF), Borge Brende in a recent statement. The country can play a crucial role in the development of South Asia and sustainability of global economic and infrastructure growth, he added. The Geneva-headquartered entity organized its 33rd India Economic Summit in New Delhi on October 3-4 under the theme — Strengthening South Asia, Impacting the World' in partnership with the CII. WEF engages the foremost political, business and other society leaders to shape global, regional and industry agendas. Advanced technologies have the potential to create economic and social value and boost the country's growth momentum, said Brende, and while India is very advanced in IT, there is a lot of scope for infra development. More than 800 leaders from 40 countries comprising senior public figures and leading representatives from civil society, arts and culture, science, business and academia participated at the event where Artificial Intelligence and drones, start-up unicorns, infrastructure, environmental reforms, education and South Asia's economic outlook was on top of the agenda.