In terms of raising foreign investment, Gujarat lags behind Haryana, Delhi, slips to sixth place
Foreign investment reduced by 8 times.
According to DPIIT data, the performance of Gujarat in attracting foreign investment declined by 8 times in 2020-21 as compared to Rs 1,62,830 crore.
foreign direct investment (FDIA year after topping the list of attracting states, Gujarat has slipped to the sixth position. Department for Promotion of Industry and Internal Trade (DPIITAccording to the latest data of FDI In terms of attractiveness, Gujarat ranks sixth after Karnataka, Maharashtra, Delhi, Tamil Nadu and Haryana. In the financial year 2021-22, Gujarat was able to attract only Rs 20,169 crore foreign investment. Industry experts say that despite changes in the political system in 2021-22 and the upcoming assembly elections, investors see Gujarat as a state with stable policies.
According to data from DPIIT, which comes under the Ministry of Commerce and Industry, Gujarat’s performance in attracting foreign investment has declined eight-fold. Foreign investment of Rs 1,62,830 crore came in Gujarat in 2020-21.
Karnataka on top
Indian Express According to the report, Karnataka tops the FDI list with Rs 1,62,830 crore for the year 2021-22. After this, Maharashtra is at number two with Rs 1,14,964 crore. During the same period, FDI worth Rs 60,000 crore came in Delhi. On the other hand, Tamil Nadu (Rs 22,396 crore) and Haryana (Rs 20,971 crore) were ranked.
Among the top six states, only Gujarat and Maharashtra saw a decline in FDI inflows. Among all the other states, Karnataka recorded an increase of 187 per cent, Delhi 50 per cent, Tamil Nadu 30 per cent and Haryana 67 per cent.
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