Archive · 22 Jan 2026
Karnataka and Andhra Pradesh Highlight Investments at Davos
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.
Karnataka and Andhra Pradesh presented their investment opportunities and infrastructure developments at the World Economic Forum in Davos.
Karnataka is attracting investments in data centers, technology, and healthcare, with a focus on developing Tier-2 and Tier-3 cities.
Andhra Pradesh highlighted its infrastructure projects 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 signed an agreement with the Swiss Indian Chamber of Commerce to strengthen Swiss industry and investment engagement in the state.
- Who
- Karnataka government delegation, Andhra Pradesh government delegation, Bharti Enterprises, Sify Technologies, Mistral AI, Carlsberg Group, Bharat Forge Limited, Swiss Indian Chamber of Commerce
- What
- Investment discussions and MoU signing for industrial and technological collaborations, highlighting infrastructure development and investment incentives
- When
- January 21, 2026
- Where
- Davos, Switzerland
- Why
- To attract investments, strengthen industrial ties with global corporations and technology firms, and promote interstate cooperation and economic growth
Karnataka
Andhra Pradesh
Infrastructure Development
Karnataka
Karnataka is investing heavily in infrastructure projects like metro, flyovers, and tunnels in Bengaluru, and is also focusing on developing Tier-2 and Tier-3 cities.
Andhra Pradesh
Andhra Pradesh has built infrastructure projects like outer ring roads and large-scale road widening that serve as benchmarks and are being replicated by other states.
Investment Incentives
Karnataka
Karnataka is attracting investments in sectors like GCC, semiconductors, artificial intelligence, startups, and healthcare, with a strong economy contributing significantly to the national tax revenue.
Andhra Pradesh
Andhra Pradesh offers transparent incentives like electricity concessions and GST reimbursements for major projects, and has attracted investments worth nearly Rs 20 lakh crore in 18 months.
Interstate Cooperation
Karnataka
Karnataka emphasizes the importance of its state in the context of India's global perception, with Bengaluru being a key representative of the country.
Andhra Pradesh
Andhra Pradesh promotes interstate cooperation and sees the success of any state as a win for the entire country, focusing on creating wealth and empowering people.
- 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
Sources
Karnataka inks MoU with Swiss Indian Chamber to deepen industrial ties
Bharti Enterprises keen to set up data centre in Karnataka: M.B. Patil
World sees India through Bengaluru: DK Shivakumar
"We Built Supreme Infrastructure In Andhra": Chandrababu Naidu To NDTV At Davos
World Sees India Through Bengaluru: DK Shivakumar
‘Come invest in Bengaluru, the city of the future,’ says DKS at Davos
India teams up with World Economic Forum to boost skilling and job readiness
Schneider Electric to invest ₹623 cr in Hyd in expansion
Ministry of Skill Development signs MoU with World Economic Forum in Davos
