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Bengaluru: State maintains No 1 position, accounts for 44% of India’s investment plans

Daijiworld Media Network – Bengaluru (RJP)

Bengaluru, Nov 10: Karnataka has maintained its number one position in attracting investments in the country. The state accounts for an almost-unbelievable 44.3% of the total investment intentions in the country in 2017.

The figures from the Union commerce and industry ministry for January to September this year show Rs 1, 47,625 crore worth of investment proposals have come into the state. That is out of a total of Rs 3.3 lac crore investment proposals for the whole of India.

Gujarat follows way behind at Rs 65,741crore. Karnataka was the No 1 state even in 2016, accounting for 37% of investment intentions. This was only 10% in 2015, and the state was behind Gujarat, Chhattisgarh and Maharashtra then.

Many of these intentions may not translate into actual investments, or may happen over several years. But that is true for all the states. In such scenario, the differences in actual flows across states may not be very different from the investment proposals planned and pledged now.

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Comment on this article

  • Abby, Kadri

    Sun, Nov 12 2017

    Where are investments...!!! I don't see any investment happening in Mangalore except from local builders and hoteliers...

    DisAgree Agree Reply Report Abuse

  • Jd, Mangalore

    Sat, Nov 11 2017

    Stone pelters as in kashmir?

    Keep it going karnataka! More people will learn kannada, collateral benefit

    DisAgree Agree Reply Report Abuse

  • Aubb, Kuwait

    Fri, Nov 10 2017

    I luv Karnataka.

    Jai Hind!!!!

    DisAgree Agree [11] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Fri, Nov 10 2017

    Good news and try to continue to be on the top in attracting more investment

    DisAgree Agree [14] Reply Report Abuse

  • Abhi, Kudla

    Fri, Nov 10 2017

    Thanks to SM Krishna's Government for making the IT City, paving way for the investments in Karnataka.

    DisAgree [2] Agree [10] Reply Report Abuse

  • Sharan, Mangalore

    Fri, Nov 10 2017

    Where are our dear Bhakts who call Siddu names and brand the Gov't most corrupt?Are.nt you proud of your state.s performance?

    DisAgree [1] Agree [31] Reply Report Abuse

  • Jossey Saldanha, Mangalore

    Fri, Nov 10 2017

    Where is Modi's Gujarat 😁😂 😁

    DisAgree [1] Agree [35] Reply Report Abuse

  • PINTO, Doha/Qatar

    Fri, Nov 10 2017

    Not a good news for BJP and it's Bhakts early in the morning..since the report is from Union ministry there is no way they they can call it as fake.Now Congress win is 100% guaranteed in the next assembly elections.Burnol and Hajmola will be in great demand in the coming days

    DisAgree [2] Agree [44] Reply Report Abuse

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Title : Bengaluru: State maintains No 1 position, accounts for 44% of India’s investment plans


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