Discuss   |      Email   |      Print   |   Get latest news on your desktop

The report says India is the second most favoured country in foreign direct investment (FDI) and Maharashtra is the most favourable destination in India, an official release said.

 The release also quoted the UNCTADs World Investment Report in Trans National Corporations (TNCs) saying that Maharashtra is ahead of other states in attracting investment.

Also, according to the recent survey of Japan Bank for International Co-operation (JBIC), India is the most favoured long-term investment destination for Japanese investors and many Japanese companies have shown interest in coming to Maharashtra, the release said.

The ambitious project of Ajanta tourism development has been taken up with the cooperation of JBIC Bank, it added. The maximum foreign direct investment in the country is in Maharashtra and is followed by Delhi, the release stated.

According to a survey done in Maharashtra during April-July 2008, $4.3 billion were invested in the state, whereas $1.6 billion were invested in Delhi, the release said.