Tamil Nadu attracts less than 1% of investments in India in the year 2017

 

Tamil Nadu received less than 1% of the ₹3.95 lakh crore investments attracted by various states across the country in the year 2017

 In what could be seen as a reflection of the prevailing political stalemate, it drew a mere ₹3,131 crore, or less than 1% (0.8%) of the total investments in the country, through 62 proposals last year.

While the share of investments attracted by Tamil Nadu has been on a downhill since 2015, it has been increasing in Karnataka, Andhra Pradesh, Telangana, Gujarat and Maharashtra, according to data compiled by Dept of Industrial Policy & Promotion  (DIPP), Union ministry of commerce & industry.

 The data shows India received 1,972 investment proposals worth ₹3.95 lakh crore across all states and Union Territories in 2017.