India's most investment friendly states, Gujarat tops

Five out of 20 industrial states led by Gujarat have clearly emerged as preferred investment destinations by attracting 53.56 per cent of total live investments worth Rs 120.34 lakh crore, according to a recent study by Assocham.

The remaining 15 states received Rs 55.89 lakh crore worth of proposals.

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1. Gujarat

Investment: Rs 16.28 lakh crore

Gujarat has emerged the most preferred investment destination.

Gujarat, of the total proposals worth Rs 16.28 lakh crore, attracted 39.2 per cent in electricity, 24.2 per cent in manufacturing, 16.2 per cent in services, 14.3 per cent in real estate, 5.2 per cent in irrigation and 0.9 per cent in mining. 

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2. Maharashtra

Investment: Rs 14.14 lakh crore

Maharashtra, of the total proposals worth Rs 14.14 lakh crore, attracted 37.1 per cent in services, 31.7 per cent in electricity, 18.7 per cent in real estate, 11 per cent in manufacturing, 1.1 per cent in irrigation and 0.5 per cent in mining.

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3. Andhra Pradesh

Investment: Rs 12.09 lakh crore

Andhra Pradesh, of the total proposals worth Rs 12.09 lakh crore, attracted 32.5 per cent in electricity, 21.7 per cent in manufacturing, 19.8 per cent in services, 11.6 per cent in irrigation, 11.6 per cent in real estate and 2.8 per cent in mining.

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4. Odisha

Investment: Rs 12.09 lakh crore

Odisha, of the total proposals worth Rs 12.09 lakh crore, attracted 44.2 per cent in manufacturing, 40.4 per cent in electricity, 7.4 per cent in services, 6.5 per cent in mining, 0.9 per cent in real estate and 0.6 per cent in irrigation. 

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5. Karnataka

Investment: Rs 9.85 lakh crore

Karnataka has clocked a share of about 8.18 per cent in the total live investments worth Rs 120.34 lakh crore at the end of the year.

Of the total investment proposals, Karnataka attracted 38.9 per cent in manufacturing, 24.6 per cent in services, 15.2 per cent in real estate, 5.6 per cent in irrigation and 1.5 per cent in mining.

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6. Tamil Nadu

Investment: Rs 9.13 lakh crore

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Jharkhand

Investment: Rs 7.16 lakh crore

Jharkhand was at seventh position with Rs 7.16 lakh crore investment proposals. Manufacturing has got 63.1 per cent share in total live investments in Jharkhand.

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West Bengal

Investment: Rs 6.23 lakh crore

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Madhya Pradesh

Investment: Rs 5.65 lakh crore

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Uttar Pradesh

Investment: Rs 5.38 lakh crore

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Haryana

Investment: Rs 4.98 lakh crore

For the real estate sector, Haryana was a major destination as it attracted 49.7 per cent of the total investment proposals. 

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Chhattisgarh

Investment: Rs 4.56 lakh crore

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13. Rajasthan

Investment: Rs 2.54 lakh crore

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14. Bihar

Investment: Rs 2.38 lakh crore

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15. Punjab

Investment: Rs 2.16 lakh crore

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Kerala

Investment: Rs 2.12 lakh crore

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17. Jammu and Kashmir

Investment:  Rs 1.11 lakh crore

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18. Uttarakhand

Investment: Rs 1.07 lakh crore

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19. Himachal Pradesh

Investment: Rs 84,062 crore

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20. Assam

Investment: Rs 58,179 crore