The 26-year-old Lahiri is hoping to ride on his good form and make up for the disappointment of missing the cut last year.
"The Omega European Masters is a great event and I always enjoy going back to compete. The scenery is beautiful and there's no other place in the world like Crans Montana," said Lahiri.
Compatriot Gaganjeet Bhullar, who was conferred the prestigious Arjuna award earlier this month, will return to the event with renewed confidence.
"I'm more familiar with the golf course now and I think I can do well. I'm also more familiar with the train ride and I know where to eat now so I'm really looking forward to the week," said Bhullar, who is currently second on the Order of Merit.
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As the only event on European soil to be sanctioned by the Asian Tour and European Tour, the Omega European Masters is an event like no other.
Rated as one of the most highly-anticipated events of the season, players from the Asian Tour will set out to emulate the success of Thailand's Thongchai Jaidee and India's Jeev Milkha Singh who have led the way in finding success on European soil with their respective win in Wales and Scotland in 2012.
This year, no fewer than 25 Asian Tour winners will be back to compete at the event.