Bangalore: Gujarat tops the list of preferred investment destination in the country with 1,455 projects worth Rs 13.35 lakh crore underway, according to Associated Chambers of Commerce and Industry in India (ASSOCHAM). Karnataka is the next preferred investment destination in the country with 1,528 projects worth Rs 9.1 lakh crore under way it added.
The study was jointly released by ASSOCHAM president Dilip Modi, Co-chairman of ASSOCHAM southern regional chapter J Crasta and ASSOCHAM Secretary General D S Rawat on Thursday.
Nearly 44 per cent of the 1,528 projects in Karnataka are in manufacturing sector followed by 22.4 per cent in services, 15 per cent in power and about 14 per cent in real estate.
The projects are in different stages of implementation, ASSOCHAM said in its study titled ‘Karnataka - Next Growth Leader in the Making.’ Investment flows into manufacturing sector marked a 107.8 per cent jump during 2010, compared to the previous year while those in services sector registered a healthy growth of 76.5 per cent, it said.
Gujarat News Today blog is written by Dilip Gadhvi to keep people of world aware about the activity and news happening across the Gujarat and World. I would try to provide you best information that is interesting.
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