Globalistation is losing its luster, Modi tells Davos summit

Davos, Switzerland (Reuters): Protectionism is gaining ground and globalisation is losing its attractiveness, Indian Prime Minister Narendra Modi told the World Economic Forum on Tuesday.

Modi is leading a big government and business delegation to the summit in Davos, the first Indian prime minister do so in 21 years, aiming to showcase India as a fast growing economic power and a potential driver of global growth.