AP Third, Telangana Sixth in Investments: RBI

Andhra Pradesh is ranked third across the country in attracting the investment in 2016-17, according to a study by the Reserve Bank of India (RBI). Andhra Pradesh made up 8.2 per cent of the aggregate investment made in the country.

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Gujarat and Maharashtra are ahead of Andhra Pradesh in attracting investments. The other Telugu State, Telangana is ranked Sixth among the state taking 5.5% of the aggregate investments. Madhya Pradesh and Karnataka are ahead of Telangana.

Pharmaceutical and drugs in Telangana formed a major share of the projects. Andhra Pradesh’s investments were a decline in 2016-17 when compared to 2015-16. The state without a capital held the highest share at 12.3 per cent in FY16.