AP Falls To 14th Rank In Attracting Foreign Investments

G GOWTHAM
The list of indian states with the most amount of FDI between october 2019 and june 2022 was made public by the government. At about the same period, Andhra Pradesh's government underwent a transition. andhra pradesh only succeeded in attracting FDIs of 4056.89 Crore during this time. Of all the progressive states in the nation, andhra pradesh is placed fourteenth, almost at the bottom.
With 29,690.12 crores in FDI, telangana is ranked seventh, which is a considerably better position. The top four states are Delhi, Gujarat, Karnataka, and Maharashtra. Only 0.34% of the nation's total FDIs are in Andhra Pradesh. andhra pradesh received FDIs of 58,000 crores between 2014 and 2019, placing it in the Top 5. This slide is widely anticipated because the jagan government is solely concerned with giving things away and is not interested in attracting businesses and industries to the state.
Since the early 1980s, foreign direct investment has increased astronomically, and the worldwide market for it has been fiercely competitive. india is one of the developing nations that is becoming a popular place to invest. Access to imports, ease of doing business, open, transparent, and reliable business environment, reasonably flexible labour markets, and protection of intellectual property rights are some of the characteristics and tactics that help a nation attract FDI. It helps to have a single organisation to handle investors' needs and serve as a one-stop shop.

Find Out More:

AP

Related Articles: