ASSOCHAM

Maharashtra ranks 3^rd for maximum 

private sector investments across India: 

ASSOCHAM

With a share of about 8.9 per cent, Maharashtra ranks third for the highest share in the total outstanding private sector investments (including both domestic and foreign private sectors) across India as of June 2012, apex industry body ASSOCHAM said today.

Gujarat (12.5 per cent) and Odisha (10.7 per cent) are the two states ahead of Maharashtra in this regard.

Of the total outstanding investments in Maharashtra worth over Rs 14.3 lakh crore, private sector accounts for over Rs 7.3 lakh crore thereby registering a share of about 51 per cent in the overall investments across the state, 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.

Private sector investments account for a whopping 86.6 per cent in the total outstanding investments worth over Rs 4.5 lakh crore in Haryana which has a share of about 4.8 per cent in the total private sector investments made across India.

“Flow of the private investments is decided by the attractiveness of investment opportunities as they are mostly driven by profitability considerations,” said Mr 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.”

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.

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 Maharashtra, Andhra Pradesh and Karnataka 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.

States	Indian Private	Foreign private	Total Private	Private Investment % share in India	Total	(%)Share of total private investment in total investments of state
Gujarat	9416405	927140	10343545	12.5	14886730	69.5
Odisha	7753091	1136717	8889808	10.7	11894801	74.7
Maharashtra	7079192	270925	7350116	8.9	14387279	51.1
Andhra Pradesh	6295793	684604	6980397	8.4	12356693	56.5
Karnataka	5450046	555899	6005944	7.2	10468217	57.4
Jharkhand	5194695	675900	5870595	7.1	7487017	78.4
Tamil Nadu	3991506	282041	4273547	5.2	9102490	46.9
West Bengal	3620190	550380	4170570	5.0	6214318	67.1
Haryana	3803229	163554	3966783	4.8	4578880	86.6
Uttar Pradesh	3813687	152250	3965937	4.8	5635826	70.4
Madhya Pradesh	3767495	45050	3812545	4.6	5833502	65.4
Chhattisgarh	3023052	202100	3225152	3.9	4461229	72.3
Rajasthan	1901758	92874	1994632	2.4	3312587	60.2
Bihar	1264288	150	1264438	1.5	2569211	49.2
Punjab	1236535	7371	1243906	1.5	2092688	59.4
Kerala	794811	67650	862461	1.0	2189429	39.4
Himachal Pradesh	375868	35000	410868	0.5	836003	49.1
Jammu & Kashmir	239622		239622	0.3	1184022	20.2
Uttarakhand	218437	3450	221887	0.3	1118462	19.8
Assam	62815		62815	0.1	664174	9.5
India	76778495	6143950	82922445	100.0	140045594	59.2