2026 WEF Davos: Karnataka gains Rs 13,070 cr investment commitments
Bengaluru: The World Economic Forum (WEF) annual meeting in Davos has emerged as a catalyst for Karnataka’s economic growth, with the state securing investment commitments worth Rs 13,070 crore across sectors, including renewable energy, aerospace, data centres, food processing and advanced manufacturing, Industries Minister M B Patil said. Addressing the media after returning from the summit, Patil said more than 45 meetings and consultations held over five days helped position Karnataka as a preferred global destination for artificial intelligence, Global Capability Centres (GCCs), research and sustainable urban development. The discussions at Davos have not only laid the foundation for fresh investment inflows but have also accelerated projects already under implementation, the minister said, adding that global companies had praised Karnataka’s industry-friendly policies and availability of skilled manpower. A significant portion of the commitments came from the RP-Sanjiv Goenk...