India's most investment friendly states, Gujarat tops

Image: An employee walks inside the power generation unit of the 1450 MW underground riverbed power project at the Sardar Sarovar dam in Kavadia.
Photographs: Amit Dave/Reuters.

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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Tags: Gujarat , Assocham , India

India's most investment friendly states, Gujarat tops

Image: Chairman of Tata group Ratan Tata (R) shakes hands with Gujarat's Chief Minister Narendra Modi.
Photographs: Amit Dave/Reuters.

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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India's most investment friendly states, Gujarat tops

Image: An employee walks past an Aston Martin Rapide inside the company's showroom in Mumbai.
Photographs: Danish Siddiqui/Reuters.

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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India's most investment friendly states, Gujarat tops

Image: A customer looks at consumable goods before buying them at a supermarket in Hyderabad.
Photographs: Krishnendu Halder/Reuters.

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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India's most investment friendly states, Gujarat tops

Image: Sand artist Sudarshan Patnaik (C) gives finishing touches to his sand sculpture titled Nature and Environment in Orissa.
Photographs: Reuters.

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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India's most investment friendly states, Gujarat tops

Image: Karnataka.

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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Tags: Karnataka , Gujarat , India