Andhra Pradesh tops in attracting industrial investment

Posted on:20 Sep 2016 09:29:03

Andhra Pradesh tops in attracting industrial investment
20 September 2016 Current Affairs GK: Andhra Pradesh has emerged on the top among all other states in attracting industrial investments in 2015-16, pushing the previous year's topper Maharashtra to the third spot.

Andhra Pradesh attracted an investment of Rs 21,914 crore out of the Rs 1,38,700 crore gross investments across India, the state government said in an official release, quoting a report by the Reserve Bank of India. 

This was 15.8% of the total investments of over Rs 10 crore each unit. In 2014-15, AP's share in the country's investments was 8.1%.

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