Karnataka Secures Major Global Investments at Davos Summit

India
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News18•20-01-2026, 16:53
Karnataka Secures Major Global Investments at Davos Summit
- •Karnataka's Large and Medium Industries Minister MB Patil secured significant investment commitments at the World Economic Forum Annual Meeting in Davos.
- •Menzies Aviation plans to invest an additional $10 million for expansion at Kempegowda International Airport, Bengaluru, and establish a Global Capability Centre.
- •UPL, an agricultural and industrial chemical giant, is exploring importing potash via Mangaluru port and setting up maize-based industries and an ethanol production unit.
- •Karnataka is vying for a significant share of The Coca-Cola Company's Rs 25,760 crore national investment, proposing Vijayapura as a manufacturing hub.
- •Natural Fiber Welding (NFW Earth) announced an initial Rs 1,800 crore investment for India, with a project proposal for Karnataka expected soon.
Why It Matters: Karnataka attracted substantial global investments across aviation, agriculture, and manufacturing at the Davos Summit.
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