More than 40 heads of state and government will attend next week's World Economic Forum (WEF) in Davos, which this year is focused on "mastering the fourth Industrial Revolution," organisers said on Wednesday.

India will have a strong presence of over 100 business and government leaders, led by Finance Minister Arun Jaitley, at the World Economic Forum (WEF) Annual Meeting in Davos next week that would be attended by more than 2,500 participants from across the world, including 40 heads of state.

Microsoft chief executive Satya Nadella will co-chair the World Economic Forum's annual meet in January, an event that is likely to be attended by over 100 Indian business leaders.