The Hindu, June 14, 2009
Western states on top of investment chart
..... Maharashtra, Gujarat, Goa and Daman and Diu accounted for 22 per cent of the investment announced in the previous fiscal, the survey by industry body Assocham said.
On the other hand, Orissa, West Bengal, Bihar and Jharkhand could manage 12.5 per cent of the total investment intentions, the survey said.
"Western states attracted corporate investment worth Rs 3,05,057 crore and the mineral-rich eastern region witnessed an investment worth Rs 1,68,023 crore in the last fiscal," the chamber said.
Tata Motors had to shift its prestigious project of the world's cheapest car, Nano, in October 2008 from Singur in West Bengal to Sanand in Gujarat following agitation over land acquisition.
Among the eastern states, Orissa occupied the top position which attracted investment worth Rs 1,24,938 crore, followed by Jharkhand (Rs 25,253 crore), West Bengal (Rs 17,110 crore) and Bihar (Rs 740 crore) in the last fiscal.
Among the western states, Gujarat secured the top slot with attracting investment proposals worth Rs 2,07,660 crore, followed by Maharashtra (Rs 96,051 crore), Union Territory of Daman and Diu (Rs 1,000 crore) and Goa (Rs 345 crore) in the last fiscal, Assocham Secretary D S Rawat said.........
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