State attracts maximum investment for industries

Gujarat has attracted the maximum investment for industrial sector with a total investment of Rs 1,71,776 crores flowing into the state followed by Maharashtra and Tamil Nadu as per the latest reports by Centre for Monitoring Indian Economy.

Giving more details of the report, agriculture minister, Purshottam Rupala said here on Wednesday that even in project implementation, the state gets the first position with Rs 84,435 crores already invested till October. Maharashtra stands second with Rs 81,295 crore and Andhra Pradesh third with Rs 56,632 crores in this category, he added.

According to an official press release, the cabinet appreciated the fact that the state was able to retain the position even after facing natural calamities like earthquake and drought as it was ideal or capital investment.

Republished from The Asian Age