Gujarat tops in infra investment potential

The recent report by the National Council of Applied Economic Research (NCAER), an economic think-tank, has concluded that Gujarat retained the top position in the list of 21 states and UTs with most infra investment potential. The state followed by Delhi, Andhra Pradesh, Haryana, Telangana, Tamil Nadu, Kerala, Maharashtra, Karnataka and Madhya Pradesh. The ranking of 20 states and one Union Territory of Delhi was based on six pillars — labour, infrastructure, economic climate, governance and political stability, perceptions, land and 51 sub-indicators. On this score, while Gujarat topped in economic climate and perceptions, Delhi ranked one in infrastructure, Tamil Nadu topped the chart in labour issues, Madhya Pradesh ranked one in land pillar. The National Council of Applied Economic Research (NCAER) and the State Investment Potential Index (N-SIPI 2017) report ranks states on their competitiveness in business and their investment climate. Compared to 2016, Gujarat and Delhi again top the list of states, while Haryana and Telangana have moved rapidly up the ranks to finish among the top five, Director-General, NCAER, Shekhar Shah said, adding that investment opportunities are expanding in India in all sectors and the recently introduced GST will weave India’s states together in ways that has not been possible before.

Published: 20 July 2017