Every state has a unique way of its economic development. It is because the state varies in various different commodities and their production. The foreign investors thus, understand the market well where they are interested to invest. There are certain states that are on top for foreign investment and various countries are highly inclined towards these states from investment perspective.
We have a list of top 10 investment destination states in India for you to refer. If you agree with us on this article, leave your positive comments and drop your feedback on your thoughts. Investors invest mainly due to smooth licensing procedures, climate, political powers, infrastructure, and government support.
Top 10 Investment Destination States in India:
Gujarat is a highly leading state in terms of investment destinations in India. The GDP growth is faster and so are the returns. Some of the major strengths include food and agribusiness, gems, diamonds, pharmaceuticals, and chemical products. The investment as of 2011 reports has been about INR 16.28 lakh Crore.
Maharashtra is the second largest state in India for investment. The strengths include; entertainment industry, international trade, technology, fashion, apparel, F&B, aerospace, etc. The total investment recorded as of 2011 in INR is 14.14 lakh Crore.
Karnataka has always been a hub for foreign investments. The state has about 3500 IT companies and the state is ranked top for the largest software exporter. The total investment in the state as of 2011 records hasbeen INR 9.85 lakh Crore.
4. Andhra Pradesh:
Andhra Pradesh is on the fourth position amongst top states in India based on investment destination. The state specializes in IT, electronics, processed food, mineral-based industries, and textiles.
5. Tamil Nadu:
Lying on the south representing the great Bay of Bengal on the east, Tamil Nadu has always held a special place for investment. The key areas to focus for investment are horticulture, chemicals, cement, paper, sugar, maize, and more…
Kerala is on the sixth but the most important position in relation to investment destination. The literacy and economic growth is up to the mark to attract anyone seeking destination to invest. We have 4 more names on the chart of top states in India based on investment destination.
Chhattisgarh has scored 97.32% in relation to business investment. The smooth government procedures and good climatic conditions make it possible for various foreign industries to show interest in investment.
8. Madhya Pradesh:
Madhya Pradesh is on the eighth position that has attracted various investors and is thus amongst the top states in India based on investment destination. The state ranks 97.01% in ease of doing business destinations.
Haryana enjoys the ninth position in the debate of 10 largest investment destination states of India. The state has scored 96.95% in investment demand compared to the other states.
Last but, not the least is Delhi with great demand of investors seeking opportunities for investment. The territory has scored 47.62% of demand in the list of investment destinations.
Hope you have liked this informative article on10 largest investment destination states of India. Take a look at our other topics related to India too.
Article last re-published on November 23, 2020.