Private sector
accounts for a whopping 87 per cent of the total outstanding investments
worth over Rs 4.5 lakh crore attracted by Haryana as of June 2012, apex
industry body ASSOCHAM said today.
With a share of over 4.8 per cent in the total private sector
investments made across India, Haryana has attracted private sector
investments (including both domestic and foreign private sector) to the
tune of over 3.9 lakh crore as of June 2012, according to a sector
specific analysis titled ‘Composition of Outstanding Investments Across
States,’ carried out by The Associated Chambers of Commerce and Industry
of India (ASSOCHAM).
Besides, with a share of over Rs 82.9 lakh crore, the private sector accounts for over 59 per cent of the total outstanding investments across India worth over Rs 140 lakh crore as of June 2012, highlights the ASSOCHAM analysis.
“Flow of the private investments is decided by the attractiveness of investment opportunities as they are mostly driven by profitability considerations,” said D.S. Rawat, national secretary general of ASSOCHAM while releasing the findings of the chamber’s analysis.
“Bureaucratic efficiency, infrastructure facilities, and ease of land acquisition influence the flow of private investments,” said Mr Rawat. “Tax concessions, product market conditions and exit policies are effective tools of private investment attraction.”
Jharkhand, Odisha, Chattisgarh and Uttar Pradesh are other top leading industrial states where private sector accounts for over 70 per cent of total investments made across the state.
With a share of about 12.5 per cent, Gujarat accounts for the highest share in the total outstanding private sector investments (including both domestic and foreign private sectors) across India as of June 2012, according to ASSOCHAM analysis.
Of the total outstanding investments in Gujarat worth over Rs 14.8 lakh crore, private sector accounts for over Rs 10.3 lakh crore thereby registering a share of about 70 per cent in the overall investments across the western state.
With private sector investments worth over Rs 8.8 lakh crore, Odisha ranks second with a share of 10.7 per cent in the total private sector investments across India. Besides, the private sector accounts for almost 75 per cent share in the total outstanding investments worth over Rs 11.8 lakh crore across the state, according to the ASSOCHAM analysis.
Maharashtra (8.9 per cent), Andhra Pradesh (8.4 per cent) and Karnataka (7.2 per cent) are other states with maximum share in outstanding private sector investments across India.
But interestingly, the share of private investments in the total live investments across these three states is less than the all-India average of over 59 per cent, points out the ASSOCHAM analysis.
Kerala, Himachal Pradesh, Jammu and Kashmir, Uttarakhand and Assam have the least share in India’s total private sector investments which is even less than one per cent.
Besides, with a share of over Rs 82.9 lakh crore, the private sector accounts for over 59 per cent of the total outstanding investments across India worth over Rs 140 lakh crore as of June 2012, highlights the ASSOCHAM analysis.
“Flow of the private investments is decided by the attractiveness of investment opportunities as they are mostly driven by profitability considerations,” said D.S. Rawat, national secretary general of ASSOCHAM while releasing the findings of the chamber’s analysis.
“Bureaucratic efficiency, infrastructure facilities, and ease of land acquisition influence the flow of private investments,” said Mr Rawat. “Tax concessions, product market conditions and exit policies are effective tools of private investment attraction.”
Jharkhand, Odisha, Chattisgarh and Uttar Pradesh are other top leading industrial states where private sector accounts for over 70 per cent of total investments made across the state.
With a share of about 12.5 per cent, Gujarat accounts for the highest share in the total outstanding private sector investments (including both domestic and foreign private sectors) across India as of June 2012, according to ASSOCHAM analysis.
Of the total outstanding investments in Gujarat worth over Rs 14.8 lakh crore, private sector accounts for over Rs 10.3 lakh crore thereby registering a share of about 70 per cent in the overall investments across the western state.
With private sector investments worth over Rs 8.8 lakh crore, Odisha ranks second with a share of 10.7 per cent in the total private sector investments across India. Besides, the private sector accounts for almost 75 per cent share in the total outstanding investments worth over Rs 11.8 lakh crore across the state, according to the ASSOCHAM analysis.
Maharashtra (8.9 per cent), Andhra Pradesh (8.4 per cent) and Karnataka (7.2 per cent) are other states with maximum share in outstanding private sector investments across India.
But interestingly, the share of private investments in the total live investments across these three states is less than the all-India average of over 59 per cent, points out the ASSOCHAM analysis.
Kerala, Himachal Pradesh, Jammu and Kashmir, Uttarakhand and Assam have the least share in India’s total private sector investments which is even less than one per cent.
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