Advertisement
Home PoliticsIndia News

Top FDI States: Telangana In 6th Place- AP No Where

Top FDI States: Telangana In 6th Place- AP No Where

In the first half of FY25 (April–September 2024), several Indian states have emerged as leaders in attracting Foreign Direct Investment (FDI). 

Maharashtra topped the list with Rs 1,13,236 crore ($13.55 billion), followed by Gujarat with Rs 33,060 crore ($3.9 billion) and Karnataka at Rs 29,597 crore ($3.5 billion).

Delhi and Tamil Nadu also saw significant investments, receiving Rs 26,807 crore ($3.2 billion) and Rs 13,553 crore ($1.6 billion) respectively.

Telangana stands out with a solid Rs 12,865 crore ($1.54 billion) in FDI, standing in 6th place, highlighting its growing prominence as an investment hub, especially in technology and manufacturing sectors.

However, Andhra Pradesh, despite being a key player in the region and part of an alliance government with the TDP+Janasena+BJP, struggles to make it to the list.

The state continues to face challenges in attracting investment, possibly due to lack of pull factor, hindering its growth prospects in comparison to its neighbors.

Modi campaigned about 'double engine sarkaar', implying that the state would see robust growth with support from center. But that is not seen yet even after these many months of forming the government.

RELATED ARTICLES

Tags: Telangana Andhra Pradesh FDI