Karnataka Attracts Highest Investment of Rs 1, 47625 Cr in Jan-Sept 2017 Period

Bengaluru: Karnataka remained at the top position in the list of states attracted highest investment during January to September 2017 period, said a latest data released by Union Ministry of Commerce and Industry Ministry.  

State managed to get Rs 1.47 lakh crore investment during the first 9 months of the present calendar year followed by Gujarat with Rs 65, 741 crore investment. Maharashtra obtained third place in the list with Rs 25, 018 crore investment followed by Andra Pradesh (Rs 24, 013 crore) and Telangana (Rs 12, 567 crore).

Speaking on the achievements made by the state, Karnataka State Minister for Large and Medium Scale Industries RV Deshpande expressed his happiness over the achievement which attracted a significant investment into the state. Minister also added that the state has successfully implemented various schemes including startup programmes, smart city projects and many other to attract the investors.