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WEF 2026: SICC partners with Karnataka govt to strengthen industrial ties
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....EF 2026: SICC partners with Karnataka govt to strengthen industrial ties<BR>PTI News<BR>Dated:- 21-1-2026<BR>PTI<BR>Bengaluru, Jan 21 (PTI) The SICC on Wednesday said it signed an MoU with the government of Karnataka at the WEF Annual Meeting 2026 in Davos. The agreement aims to create a framework to strengthen Swiss industry and investment engagement in the state under the India–European Free....
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.... Trade Association (EFTA) and Trade and Economic Partnership Agreement (TEPA). In a statement, the Swiss Indian Chamber of Commerce said the memorandum of understanding sets out a structured pathway for Swiss companies to engage with Karnataka, focusing on investment facilitation, company–government dialogue, and execution support. "Karnataka has emerged as a key destination for Swiss companie....
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....s due to its established strengths in engineering, precision manufacturing, innovation-led sectors, and access to skilled talent, which align closely with Swiss industrial capabilities," the SICC said. SICC president Satish Rao said, "Post-TEPA, Swiss companies are focused on how and where to execute in India. This MoU helps structure engagement with Karnataka in a way that supports long-term inv....
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....estment and expansion." According to SICC, Karnataka already hosts a significant share of Swiss economic activity in India. "Nearly 18 per cent of Swiss companies in the machine, electrical engineering, and precision sectors operate in the state, while Bengaluru hosts a substantial number of Swiss research and development centres," it further said. PTI GMS GMS SSK<BR> News - Press release - PIB....
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