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Maharashtra has emerged as the top player in luring global and domestic investment by attracting 15L crore in 5 years, while Gujarat at the second place. According to a recently publish report of Assocham, Gujarat secured a mere 2% growth in investments among 21 states in past 5 years.
Gujarat, Maharashtra and Odisha have emerged as the most sought investment destinations in the last five years, according to the reports. They together accounted for more than one quarter (26.6%) during the period 2009-14.
Top 5 states
| State | Share (in percentage) |
| Maharashtra | 10 |
| Gujarat | 9.2 |
| Odisha | 7.5 |
| Karnataka | 6.8 |
| Tamil Nadu | 6.5 |
Compiled by the Assocham Economic Research Bureau (AERB).
Maharashtra attracted investments mostly in real estate sector with 21.2% of total investments. The value of real estate investment helped Maharashtra to surge ahead, but Gujarat still ranks top in terms of investments in what is considered as hard manufacturing – automobile manufacturing companies. Maharashtra in order to truly become an investor friendly destination has to work on two aspects, round-the-clock power supply and a stable political environment, the report further said.
Source: ET
