Indian states that attracted highest FDI

A total of 763 FDI proposals worth over Rs 1.78 lakh crore were filed across various states in India during 2011-12, according to Assocham.

Services, telecommunications, construction, computers (software and hardware), real estate and housing, chemicals, drugs and pharmaceuticals, power, automobiles and metallurgical industries received the highest FDI inflows across India.

Assocham has also called for a time-bound, non-discretionary, simplified and less number of procedures and approvals to help uplift overseas investors' confidence and foster more investments in India.

Take a look at the states that attract the highest FDI...

Odisha (Rank 1)

Odisha has emerged as the most preferred destination for overseas investors with investment proposals worth Rs 49,527 crore (Rs 495.27 billion), during 2011-12, according to apex industry body Assocham.

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Andhra Pradesh (Rank 2)

Andhra Pradesh attracted Rs 33,936 crore (Rs 339.36 billion) for 70 proposals.

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Gujarat (Rank 3)

Gujarat received Rs 20,258 crore (Rs 202.58 billion) for 131 proposals.

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Chattisgarh (Rank 4)

The state received proposals worth over Rs 20,000 crore (Rs 200 billion).

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Karnataka (Rank 5)

Karnataka ranked fifth with Rs 14,000 crore (Rs 140 billion) of FDI proposals.

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Maharashtra (Rank 6)

Though Maharashtra got the highest number of FDI proposals, it ranks 6th with 144 proposals worth Rs 12,000 crore (Rs 120 billion).

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Rajasthan (Rank 7)

The main industries are mineral based, agriculture based, and textiles. Rajasthan is the second largest producer of polyester fibre in India.

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Tamil Nadu (Rank 8)

India is competing for foreign investments with other emerging economies and thus FDI is imperative for India as it has transformed the quality, productivity and production in areas it has been allowed and can supplement domestic efforts significantly, according to the Assocham study.

Himachal Pradesh (Rank 9)

Finding bureaucratic delays and plethora of governmental approvals and clearances involving various ministries, the Assocham study suggested improvements to attract more FDI.

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Uttar Pradesh (Rank 10)

The apex industry body also recommended a mechanism to facilitate a consultation between the centre and state governments before rolling out a policy to ensure that the decision once taken does not get affected.

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Haryana (Rank 11)

Haryana is one of the wealthiest states of India and has the third highest per capita income in the country at Rs 67,891.

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Madhya Pradesh (Rank 12)

Madhya Pradesh is the second largest state by area.

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Punjab (Rank 13)

Punjab has one of the best infrastructure facilities in India.

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West Bengal (Rank 14)

West Bengal along with 6 states (ranked from 15 to 20) managed 24 FDI proposals worth Rs 1,243 crore (Rs 12.43 billion), the Assocham study said.

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Bihar (Rank 15)

Bihar became the country's fastest growing state during 2011-12. It reported a growth of 13.1 per cent for the year 2011-12 while it was 14.8 per cent for the previous year.

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Uttarakhand (Rank 16)

Uttarakhand has become one of the fastest growing economies in India.

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Jharkhand (Rank 17)

Jharkhand has some of the country's highly industrialised cities such as Jamshedpur, Ranchi, Bokaro Steel City and Dhanbad.

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Jammu and Kashmir (Rank 18)

Jammu and Kashmir's economy is predominantly dependent on agriculture and allied activities.

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Assam (Rank 19)

With its rich natural resources, Assam supplies up to 25 per cent of India's petroleum needs. Assam's biggest contribution to the world is tea.

Kerala (Rank 20)

Kerala has the highest Human Development Index of all Indian states. Its economy depends significantly on remittances from a large expatriate community.