WEF at Davos 2022: From crypto to climate change, India was the focus

business-standard.com:

The first in-person annual meeting of the World Economic Forum at Davos ended on Thursday. India was at the centre of many dialogues on emerging issues ranging from crypto technologies to climate change.

The global CEO of Saint Gobain, Benoit Bazin was extremely bullish about his company’s growth story in India. The Euro 45 billion company sees India as its future growth driver for business and innovation. “We have a plan to invest more than Rs 55 billion in the next 4 years in India. India is not only important for Saint-Gobain in India but also for South East Asia and the rest of the world,” Bazin said. “India can be a critical country for solar energy. Now we are also investing in our sustainability agenda to make progress on reducing the carbon footprint for manufacturing in our latest plant in Vizag by using biomass.”

Sheila Warren, CEO of Crypto Council for Innovation (CCI) said, “The industry is at an inflection point. We have evidence that shows the value of blockchain-backed systems, including those that rely on crypto.” CCI is a global alliance of crypto industry leaders with a mission to demonstrate the transformational promise of crypto. Fidelity Investment and Andreesen Horowitz are among the supporters of CCI. Warren said that blockchain and crypto innovation from countries like India will change the business landscape.

Indian companies and government representatives made the most of the absence of Russian delegation and a surprisingly small Chinese presence of barely a dozen delegates. "In terms of numbers and specifically when it comes to government, we have record numbers from India," said Sriram Gutta, head of India agenda at the Forum. "We currently work with many states on diverse initiatives,