Day 2: India Economic Summit in pics

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Here are some highlights from the sessions on the second day of the World Economic Forum’s India Economic Summit on Friday.
Day 2: India Economic Summit in pics
In a session titled ‘Strengthening South Asia - Impacting the World’, Bangladesh Prime Minister Sheikh Hasina called attention to the business opportunities in her country. “Bangladesh can be a hub for connectivity,” she said. Credits: Narendra Bisht
 Credits: Narendra Bisht

Klaus Martin Schwab, founder and executive chairman of the World Economic Forum, during the session titled ‘Strengthening South Asia - Impacting the World’.

 Credits: Narendra Bisht

In an interview at the summit, Subrahmanyam Jaishankar, minister of external affairs, expressed cautious optimism about India’s ability to reach a free trade agreement with the U.S., a day after the Indian and US commerce secretaries spoke on the topic on the first day of the summit. On the contested issue of the disputed Kashmir region, Jaishankar said after recent meetings in the U.S. he felt confident more people were coming around to India’s position.

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 Credits: Narendra Bisht

In a session on Asian unicorns, Shailendra Singh, managing director, Sequoia Capital India, Singapore, said India’s tech unicorns are at regulatory disadvantage when it comes to going public or tapping global markets. But as soon as that becomes easier, he predicted there will be dozens of Indian start-up IPOs, putting Indian entrepreneurs on the map.

 Credits: Narendra Bisht

Rajiv Kumar, vice-chairman, NITI Aayog, India, said South Asia will remain the fastest growing region. “It will contribute significantly more to global growth than it has done in the past,” he said. “In India, we are very focused on raising the growth rate.”

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