Bangalore: Industrial states of India are garnering good investments, as 20 of the states have bagged a total live investment of 120.34 lakh crore during 2010 to 2011. This data was revealed by a study conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). 5 Indian states of Gujarat, Maharashtra, Andhra Pradesh, Odisha and Karnataka have earned 53.56 percent of the total investment amount.

The largest amount of money was invested in electricity - 35.9 percent, followed by manufacturing - 25.3 percent, services - 21.8 percent, real estate - 11.8 percent, irrigation - 3.1 percent and mining - 2.1 percent. D.S. Rawat, Secretary General of ASSOCHAM, said, “Investment in the primary sector represented by irrigation has the highest share in Andhra Pradesh.” He added by saying, “Next are Gujarat, Karnataka, Madhya Pradesh and Maharashtra. As against these states, Chhattisgarh, Jammu and Kashmir, Haryana, Uttarakhand and Assam gave the least priority to investing in irrigation development.” 

A similar study done last year revealed the following data – total investment proposal of 104.93 lakh crore was made for 20 Indian states. The top 5 investment destinations back then were – Gujarat, Maharashtra, Orissa, Andhra Pradesh and Karnataka. These states accounted for 43.26 percent of the total investment proposals made during the same period.