The World Economic Forum (WEF) logo is displayed as people attend the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. REUTERS/Denis Balibouse
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CNBC TV1821-01-2026, 21:04

Davos 2026: Global Leaders Praise India's Growth, Warn of Fragile World Order

  • Blackstone CEO Steve Schwarzman declared India as Blackstone's strongest market globally, citing high returns and significant investments across various sectors.
  • Apollo Tyres MD Neeraj Kanwar highlighted the success of sponsoring the national cricket team in boosting brand recognition and distribution in rural Indian markets.
  • Ingka Group CEO Juvencio Maeztu reaffirmed IKEA's long-term commitment to India, expanding its physical presence and online operations in select cities.
  • Cornell's Eswar Prasad warned of an increasingly fragile global economic and political order, with rising geopolitical tensions and a loss of faith in globalization.
  • Binance CEO Richard Teng noted India's leading position in blockchain adoption, with growing support for users and collaboration with policymakers.

Why It Matters: Top industry voices at Davos 2026 lauded India's growth and investment opportunities amidst a volatile global landscape.

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