Union Finance Minister Arun Jaitley will head a 100-member delegation from India to the World Economic Forum (WEF) annual meeting to be held in Davos, Switzerland, from 20 to 23 January.
The theme for this year is "Mastering the Fourth Industrial Revolution".
The agenda includes major current challenges, including security, climate change and the "new normal" global growth, falling commodity prices, according to the WEF website.
Satya Nadella, Chief Executive Officer, Microsoft Corporation, will be one of the co-chairs of the Annual Meeting.
Jaitley will be accompanied by Power Minister Piyush Goyal, Trade and Commerce Minister Nirmala Sitharaman, Minister of State for Finance Jayant Sinha and Reserve Bank of India Governor Raghuram Rajan.
The business component of the Indian delegation would include Wipro chairman Azim Premji, Reliance Industries Mukesh Ambani, his brother Anil Ambani, banker Uday Kotak, industralist Rahul Bajaj and ICICI Bank MD & CEO Chanda Kochhar, reported PTI.
The WEF annual meeting will see the presence of 40 heads of states and governments, and 2,500 business delelgates.
"The Fourth Industrial Revolution refers to the fusion of technologies across the physical, digital and biological worlds which is creating entirely new capabilities and dramatic impacts on political, social and economic systems," said Professor Klaus Schwab, Founder and Executive Chairman of the WEF.
"The purpose of our Meeting this year is to build a shared understanding of this change," he added.
The meeting comes within two weeks of the World Bank forecasting the global economy to grow at 2.9% in calendar year 2016, from a low of 2.4% last year.
The bank said India was projected to grow at 7.8% in FY2017, but pegged China's growth in the calendar year 2016 at 6.7%, in its update Global Economic Prospects released on 7 January.
