India’s 10 Hottest FDI Destinations; Maharashtra tops

FDI in different states of India have increased steadily since the early 1990s when the Indian economy was opened up to foreign investments. Delhi, Maharashtra, Karnataka and Tamil Nadu are among the leading states that have attracted maximum FDI.

1. Maharashtra:

Investment in Maharashtra covers Mumbai, Dadra and Nagar Haveli, and Daman

Foreign Direct Investment in Maharashtra covers Mumbai, Dadra and Nagar Haveli, and Daman & Diu. The total FDI Inflows in Maharashtra economy from April 2000 to January 2011 was estimated to be around 199.322 crore which is approximately $44,592 million. The percentage of Mumbai out of the total inflows is 35 percent. Maharashtra received the lion’s share of the foreign direct investment inflows into India.

2. New Delhi:

The investments covers Delhi, parts of UP and Haryana.

Delhi economy has been estimated to be around 111,937 crore which roughly comes up to $24,700 million from April 2000 to January 2011. The investments covers Delhi, parts of UP and Haryana. New Delhi forms 19 percent out of the total inflows.

3. Karnataka:

Karnataka forms 6 percent of the total inflows

Foreign Direct Investment in Karnataka from April 2000 to January 2011 has accounted for 36,139 crore which is approximately $8,114 million. Karnataka forms 6 percent of the total inflows. Sectors that attracted high levels of FDI include services, telecom, metallurgical industries, power, computer hardware and software, and construction activities.

4. Gujarat:

Gujarat ranks fourth in terms of FDI Inflows in India

Foreign Direct Investments in Gujarat from April 2000 to January 2011 was estimated to be around 30,969 crore which is around $6,996 million. Gujarat ranks fourth in terms of FDI Inflows in India. Major investments are made in the former capital and the largest city in Gujarat, Ahmadabad. Gujarat forms 5 percent of the total inflows.

5. Tamil Nadu:

Tamil Nadu forms 5 percent of the total inflows.

Foreign Direct investments in Tamil Nadu are done in Chennai and Pondicherry. The total investments made from April 2000  to January 2011 are estimated to be around 29,914 crore which comes to around $6,645 million. Tamil Nadu forms 5 percent of the total inflows.

6. Andhra Pradesh:

Major investments made in Hyderabad

Foreign Direct Investment Inflows in Andhra Pradesh has been estimated to be around 25,605 crore which is approximately $5,749 million calculated from April 2000 and January 2011. Andhra Pradesh ranks fifth as a recipient of FDI Inflows in India. Andhra Pradesh forms 5 percent of the total inflows. Major investments made in Hyderabad. The highest FDI of $2.92 came from Mauritius, followed by Singapore ($1.08 billion), U.S. ($636 million), Japan ($515 million) and the Netherlands ($481 million) in April-August 2010-11.

7. West Bengal:

West Bengal also cover the territories Sikkim, Andman

The Foreign Direct Investment Inflows in West Bengal also cover the territories Sikkim, Andman&Nicobar Islands. It is estimated that about 6, 339 crore which is about $1,481 million. West Bengal forms 5 percent of the total inflows.

8. Chandigarh, Punjab, Haryana, Himachal Pradesh:

They form 1 percent of the total inflows.

Foreign Direct investments in these states are about 4,223 crore from April 2000 to January 2011 which is around $922 million. They form 1 percent of the total inflows.

9. Goa:

Goa forms 1 percent of the total inflows

Foreign Direct investments in Goa is estimated to be about 3,316 crore from April 2000 to January 2011. It is around $723 million. Goa forms 1 percent of the total inflows.

10.Madhya Pradesh, Chhattisgarh:

They form 0.5 percent of the total inflows.

Foreign Direct investments in these states are estimated to be 2.961 crore from April 2000 to January 2011 which is around $643 million. They form 0.5 percent of the total inflows.

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2 thoughts on “India’s 10 Hottest FDI Destinations; Maharashtra tops

  1. Pingback: Is Narendra Modi’s Gujarat Really Vibrant? | Murali

  2. Pingback: 25 of 53 Cities Doubtful to Allow Foreign Retailers | Murali

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