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News1823-01-2026, 21:15

Karnataka Woos Liechtenstein for Major EFTA Investments, AWS and Volvo Expansion

  • Karnataka Minister M B Patil urged Liechtenstein's PM Brigitte Haas to direct significant EFTA investments to the state during the World Economic Forum in Davos.
  • Discussions focused on leveraging Liechtenstein's industrial expertise with Karnataka's manufacturing and innovation ecosystem, and an invitation was extended for a state visit.
  • Patil met Michael Punke of Amazon Web Services (AWS) to attract more cloud and infrastructure firms, highlighting Karnataka's skilled professionals and digital infrastructure.
  • AWS expressed appreciation for Karnataka's talent pool, with the state assuring support for global cloud and data centre operators, including incentives and ready infrastructure.
  • Automobile manufacturer Volvo praised Karnataka's industry-friendly environment and was invited to expand its vehicle manufacturing, leveraging the state's technological and skilled manpower strengths.

Why It Matters: Karnataka actively seeks foreign investment and expansion from Liechtenstein, AWS, and Volvo, showcasing its industry-friendly environment.

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