Gujarat - the top investment destination

Gujarat has edged out Maharashtra to become India's top state in terms of investment commitments during 2006-07, cornering over 25 per cent of the total spending proposed by corporates across the country.

Gujarat received investment proposals to the tune of Rs.74,988 crore in 86 projects, while Andhra Pradesh was at a distant second with investment intentions worth Rs.25,173 crore, Maharashtra Rs.24,330 crore and Tamil Nadu Rs.24,229 crore, the Reserve Banks said in an analysis of 'Corporate Investment: Growth in 2006-07 and prospects for 2007-08.'