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MP notches up fifth spot in investment growth rate
The results of measures adopted towards industrial progress of the State during the last several years have started bearing fruit. As per indicators available up to the first three months of the current fiscal, Madhya Pradesh has attained fifth position among States vis-à-vis industrial investment growth rate.
Another major feather in Madhya Pradesh’s cap is that it has registered four per cent share in the total investment in the country. These figures have been disclosed by the latest report of the Centre for Monitoring Indian Economy.
The State has been witnessing consistent momentum towards industrial investment over the last three years. For this purpose, Chief Minister Shivraj Singh Chouhan and his team made contact with national and international investors at various conferences and investors’ meets. Thanks to these efforts, investors’ interest in Madhya Pradesh has increased.
As a result, industrial investment to the tune of `43,385.80 thousand crore has been made in the State up to June 2010 during this period. By June 2011, the quantum of investment rose to 53,552 crore 33 lakh 70 thousand. The State Government also intends to make employment available to domiciles of Madhya Pradesh in the new industries.
According to CMIE report, a maximum of 35.29 per cent investment growth rate has been registered in Punjab followed by Bihar (24.82 per cent), Andhra Pradesh (23.16 per cent), Gujarat (19.38 per cent) and Madhya Pradesh (18.98 per cent).
The investment growth rates in other States are Maharashtra (17.61 per cent), Rajasthan (15.06 per cent), Jharkhand (14.10 per cent), West Bengal (13.36 per cent), Uttar Pradesh (12.58 per cent), Chhattisgarh (12.30 per cent), Odisha (12.10 per cent), Tamil Nadu (11.54 per cent), Himachal Pradesh (11.40 per cent), Jammu & Kashmir (9.67 per cent), Nagaland (8.72 per cent), Assam (8.63 per cent), Kerala (8.49 per cent), Haryana (7.7 per cent), Sikkim (5.85 per cent), Uttarakhand (5.14 per cent), Karnataka (4.12 per cent), Goa (3.44 per cent), Manipur (2.94 per cent) and Delhi (0.06 per cent) while the industrial growth rate in Arunachal Pradesh has been registered at -3.77 per cent.
The results of measures adopted towards industrial progress of the State during the last several years have started bearing fruit. As per indicators available up to the first three months of the current fiscal, Madhya Pradesh has attained fifth position among States vis-à-vis industrial investment growth rate.
Another major feather in Madhya Pradesh’s cap is that it has registered four per cent share in the total investment in the country. These figures have been disclosed by the latest report of the Centre for Monitoring Indian Economy.
The State has been witnessing consistent momentum towards industrial investment over the last three years. For this purpose, Chief Minister Shivraj Singh Chouhan and his team made contact with national and international investors at various conferences and investors’ meets. Thanks to these efforts, investors’ interest in Madhya Pradesh has increased.
As a result, industrial investment to the tune of `43,385.80 thousand crore has been made in the State up to June 2010 during this period. By June 2011, the quantum of investment rose to 53,552 crore 33 lakh 70 thousand. The State Government also intends to make employment available to domiciles of Madhya Pradesh in the new industries.
According to CMIE report, a maximum of 35.29 per cent investment growth rate has been registered in Punjab followed by Bihar (24.82 per cent), Andhra Pradesh (23.16 per cent), Gujarat (19.38 per cent) and Madhya Pradesh (18.98 per cent).
The investment growth rates in other States are Maharashtra (17.61 per cent), Rajasthan (15.06 per cent), Jharkhand (14.10 per cent), West Bengal (13.36 per cent), Uttar Pradesh (12.58 per cent), Chhattisgarh (12.30 per cent), Odisha (12.10 per cent), Tamil Nadu (11.54 per cent), Himachal Pradesh (11.40 per cent), Jammu & Kashmir (9.67 per cent), Nagaland (8.72 per cent), Assam (8.63 per cent), Kerala (8.49 per cent), Haryana (7.7 per cent), Sikkim (5.85 per cent), Uttarakhand (5.14 per cent), Karnataka (4.12 per cent), Goa (3.44 per cent), Manipur (2.94 per cent) and Delhi (0.06 per cent) while the industrial growth rate in Arunachal Pradesh has been registered at -3.77 per cent.
