Gujarat occupies the No.1 slot from an investor preference standpoint, according to an ASSOCHAM study. Of the 20 industrial states studied, five have emerged as favoured investment destinations – Gujarat, Maharashtra, Andhra Pradesh, Orissa and Karnataka.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) report says Gujarat attracted Rs 16.28 lakh crore in investments till the end of 2011, 53.56% of the total live investments in the country, which is Rs 120.34 lakh crore.
Maharashtra attracted investments worth Rs 14.14 lakh crore, Andhra Pradesh Rs 12.09 lakh crore, Orissa Rs 12.09 lakh crore and Karnataka Rs 9.85 lakh crore. Tamil Nadu occupied the 6th position with an investment proposals worth Rs 9.13 lakh crore, while Jharkhand was at the seventh position with Rs 7.16 lakh crore.
Investment proposals that the other 13 states attracted are as under:
West Bengal: Rs 6.23 lakh crore
Madhya Pradesh: Rs 5.65 lakh crore
Uttar Pradesh: Rs 5.38 lakh crore
Haryana: Rs 4.98 lakh crores
Chhattisgarh: Rs 4.56 lakh crore
Rajasthan: Rs 2.54 lakh crore
Bihar: Rs 2.38 lakh crore
Punjab: Rs 2.16 lakh crore
Kerala: Rs 2.12 lakh crore
Jammu and Kashmir: Rs 1.11 lakh crore
Uttarakhand: Rs 1.07 lakh crore
Himachal Pradesh: Rs 84,062 crore, and,
Assam: Rs. 58,179 crore
Electricity, the report says, attracted the greatest amount of investment (35.9%), followed by manufacturing (25.3%), services (21.8%), real estate (11.8%), irrigation (3.1%), and mining (2.1%).
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