Top business leaders and policy- makers from India will join the rich and powerful from across the globe in this snow-laden Swiss mountain town to discuss the state of affairs of the world economy at their five-day World Economic Forum annual congregation, beginning on Wednesday.

While the Indian team, comprising top CEOs like Mukesh Ambani, Azim Premji, Adi Godrej, Rahul Bajaj and Sunil Mittal, as also Commerce and Industry Minister Anand Sharma and Planning Commission Deputy Chairman Montek Singh Ahluwalia, will get an opportunity to present the India growth story on a global platform — the World Economic Forum (WEF) Annual Meeting 2012 — the discussions about global economic scenario are most likely to remain gloomy.

The Indian economy has also not remained untouched by the global upheavals, mainly in Europe, and its growth rate in July-September quarter was slowest in more than two years.

Also, the GDP growth for the current fiscal is feared to be slip to near 7 per cent, or even below, as against earlier projections of 7.5 per cent.

Still, the Indian economic growth rate remains robust, especially in the backdrop of the deteriorating global conditions, although the concerns of slower economic reforms and a sense of policy paralysis has affected the business sentiments.

A senior Indian delegate attending the meeting said that it would be interesting to watch whether the business leaders from India would raise the issue the policy paralysis and slowing pace of reforms at Davos WEF meeting as well, or they would continue with their usual praise for the Indian growth story.

More than 100 Indian business leaders are expected to be present in Davos, making them one of the largest teams after the likes of the US, the UK and Japan.

While the exact numbers for other countries were not available, the number of business leaders from China is also expected to be lower.