Andhra Pradesh gets Rs 1, 00,000 Crore plus industrial investment
According to a study ’Regional Investment Announcements’ by Assocham, Andhra Pradesh is the only state to have attracted capital expansion (capex) plan investment commitments from domestic private sector firms in excess of Rs 1 trillion in the first half of 2008.
Andhra Pradesh attracted Rs 1, 08,559 crore investment followed by West Bengal with over Rs 93,000 crore.
The central region, comprising Madhya Pradesh and Chhattisgarh, was ranked last with the minimum share of 8.87 per cent in the total investment announcements. The western region ranked third and Rajasthan (Rs 80,776 crore) outpaced Maharashtra (Rs 65,632 crore). Northern states attracted investments to the tune of Rs 123,905 crore. Haryana and the North Central Region received Rs 50,595 crore and Rs 38,237 crore.