Maharastra attracted highest industrial proposals in '91-'10


Mumbai: Maharashtra attracted the highest number of industrial proposals in the country between August, 1991, and August, 2010, the Economic Survey of the state for 2010-11 claims.The survey was released recently. The reasons for the state's attractiveness as an industry destination were "availability of better infrastructure, skilled human resources and stable social conditions," the report says. The state's share in investment, and employment generation in the country is 10 and 15 per cent, respectively "Maharashtra approved 16,140 proposals and Gujarat 10,666 between August, 1991, and August, 2010. The proposals promised employment generation of 30.24 lakh in Maharashtra and 19.49 lakh in Gujarat," the report says. However, the total amount invested (or to be invested) in those projects was Rs 6,95,516 crore for Maharashtra, which was less than Gujarat (Rs 8,59,787 crore).
Source: PTI