Telangana stands tall among in the country for attracting investments from both domestic and foreign sources across different sectors in the country. A study report titled ‘Telangana – Analysis of economic growth and investment performance’, cited that the state accounted for 3.3% share in total investments worth over Rs 177 lakh crore attracted by top industrial states across India as of FY17.
According to industry body Assocham between FY12-FY17, PTI reports that the youngest state had attracted total outstanding investments worth about Rs 5.9 lakh crore as of FY17 which rose from Rs 3.3 lakh crore worth of investments attracted by the region as of FY12.
Irrigation sector attracted maximum investments closely followed by non-financial services, electricity and manufacturing sectors. However, in terms of implementation 85 percent of projects of Electricity sector are in progress trailed by non-financial services with 76% mining with 72.5%, irrigation with 67.5% and manufacturing with 23%.
As of FY17 Telangana registered about 12percent while in FY16 it was over 22percent in terms of year-on-year growth in investments.
