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Top attractive investment destination states - RBI
February 16 , 2020
1617 days
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- Reserve Bank of India has released the data on the top attractive investment destination states.
- In 2018-19, Andhra Pradesh accounted for the highest share in total cost of projects sanctioned by banks and financial institutions.
- It was followed by Tamil Nadu, Maharashtra, Gujarat, Telangana, Rajasthan and Uttar Pradesh.
- However, for the five-year period between 2014-15 to 2018-19, Maharashtra has topped the list followed by Gujarat.
- The deciding factors for a project getting sanctioned in a particular state are:
- location of a project
- accessibility of raw materials
- availability of skilled labour
- adequate infrastructure
- market size and
- growth prospects
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