'Prime Minister Modi's Leadership Is Critical In This Fractured World': WEF Founder Klaus Schwab

World Economic Forum (WEF) founder and executive chairman Klaus Schwab has said that Prime Minister Narendra Modi's leadership is critical in this fractured world.

Schwab said that he met with the Indian ministerial delegation and many of its top business leaders during the forum's annual meeting being held in Switzerland's Davos this month.

“I commend the country’s decisive action on the climate case for renewables, its contribution to the global healthcare ecosystem, the focus on an economic model for women-led development, and its leadership on digital public infrastructure," Schwab said.

"India remains a bright spot amid global geoeconomics and geopolitical crises," the WEF founder said, according to a statement by the Forum.

The World Economic Forum shares a 38-year history with India and looks forward to continued partnership with the country during its G20 presidency under the leadership of Prime Minister Narendra Modi, the Forum said.

India is promoting a just and equitable growth for all in the world during its G20 presidency, it added.

“India’s G20 presidency comes at a crucial time, Prime Minister Modi’s leadership is critical in this fractured world,” Schwab said.

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

The World Economic Forum Annual Meeting 2023 comes as multiple crises deepen divisions and fragment the geopolitical landscape.

The WEF is an international organization for public-private cooperation that engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.