Davos, Jan. 21 -- Union Minister Ashwini Vaishnaw on Wednesday said that while India is in constant touch with major world powers, the World Economic Forum is primarily a forum for sharing ideas rather than for formal group-to-group trade meetings.

On being asked if India will be having a meeting with the US delegation, Ashwini Vaishnaw said, "The format of Davos is a format where we generally do panels and bilaterals. The trade meetings take place according to the country's own schedules and negotiations. They are deeply engaged with all the major economies on practically all fronts at this point in time. This is not the forum in which we meet delegation to delegation."

The progress of the Indian economy under the leadership of Prime M...