India is set to become a potential goldmine as investment announcements surged to Rs.1,75,629 crore for months of August and September 2007 says the ASSOCHAM Eco Pulse Study.
The ASSOCHAM Study on ‘Investment Announcements’ for period of August and September 2007 tracked investment announcements made by 70 companies in Indian private sector with investments plans ranging between two to ten years across various sectors.
Top ten states with investments
(In Rs.crores)
| S.NO. | States | Capex |
| 1. | Orissa | 55,800 |
| 2. | West Bengal | 31,200 |
| 3. | Maharashtra | 9,834 |
| 4. | Andhra Pradesh | 8594 |
| 5. | Kerala | 6000 |
| 6. | Karnataka | 5045 |
| 7. | Gujarat | 4032 |
| 8. | UP | 2410 |
| 9. | Rajasthan | 2000 |
| 10. | Chennai | 1725 |
Top Ten Sectors
(In Rs.crores)
| S.NO. | States | Capex |
| 1. | Petroleum | 53,300 |
| 2. | Steel & Cement * | 28,300 |
| 3. | Real Estate | 18,750 |
| 4. | Hospitality | 8,660 |
| 5. | Automobile | 6,400 |
| 6. | Retail | 6,200 |
| 7. | Media | 4,850 |
| 8. | IT | 3,140 |
| 9. | Pharmaceuticals | 2,100 |
| 10. | Telecom | 1,872 |
