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Karnataka and Andhra Pradesh Highlight Investments at Davos

Karnataka and Andhra Pradesh Highlight Investments at Davos
Karnataka inks MoU with Swiss Indian Chamber to deepen industrial ties · thehindubusinessline.com

At the World Economic Forum in Davos, the governments of Karnataka and Andhra Pradesh met with many big companies.

Karnataka is attracting investments in data centers, technology, and healthcare, and is investing in infrastructure projects in Bengaluru and smaller cities.

Andhra Pradesh highlighted its infrastructure development and offered transparent incentives for major projects, attracting significant investments.

Both states emphasized the importance of their contributions to India's economic growth and the need for interstate cooperation.

The Karnataka government also signed an agreement with the Swiss Indian Chamber of Commerce to bring more Swiss companies to the state.

This is to make both Karnataka and Andhra Pradesh better places for businesses and technology.

Key facts

Investment by Bharti Enterprises
₹13,000 crore
Investment by Carlsberg
₹350 crore
Swiss Companies in Karnataka
18%
Event
World Economic Forum (WEF) Annual Meeting 2026
Location
Davos, Switzerland
Key Figures
M.B. Patil, D.K. Shivakumar, Rajan Bharti Mittal, Satish Rao, N Chandrababu Naidu
Investments in Andhra Pradesh
Rs 20 lakh crore in 18 months

Timeline

  1. India, EU vow FTA by 2025.

  2. Then, Karnataka woos Swiss firms with MoU.

  3. Influence: EFTA deal eases Swiss-Indian trade.

Quotes

Devendra Fadnavis

Chief Minister of Maharashtra

“Maharashtra is today at the forefront of India’s next phase of economic transformation. Through our strategic partnership with the Tata Group, we are anchoring USD 11 billion in AI-led infrastructure that will accelerate innovation and digital capabilities, while the Bharat–Switzerland collaboration brings global best practices and sustainability-led industrial development into the Mumbai Metropolitan Region. This USD 26 billion commitment is not merely an investment in assets, but a long-term investment in our youth, our economy and Maharashtra’s role as a global growth engine.”
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Eknath Shinde

Deputy Chief Minister of Maharashtra and Chairman, MMRDA

“The partnerships forged at Davos underline the strong global confidence in Maharashtra and in MMRDA’s vision for reshaping the Mumbai Metropolitan Region. By integrating Swiss innovation, green technologies and world-class infrastructure, we are creating people-centric smart industrial ecosystems. These investments will open new growth sectors, generate quality employment and strengthen a resilient, future-ready economy for the state.”
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Dr Sanjay Mukherjee

Metropolitan Commissioner, MMRDA

“For the first time in MMRDA’s 51-year history, the Authority has achieved a record-breaking FDI outcome at the World Economic Forum, securing cumulative commitments of USD 226.65 billion over three days through 24 MoUs. Today’s two agreements mark a decisive transition from standalone infrastructure projects to integrated, purpose-driven economic ecosystems.”
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Sources

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