Following an initial investment of $25 million for cargo operations, Menzies is now targeting further expansion at Kempegowda International Airport.
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News1820-01-2026, 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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