Foreign Investments: AP Ranks 14th, Telangana 7th

Central Government’s Department For Promotion of Industry and Internal Trade (DPIIT) released the state-wise FDI equity inflow (foreign investments) details from October 2019 to December 2022.

This is around the time Jagan Government won and settled down in Andhra Pradesh to recent.

Andhra Pradesh is ranked fourteenth in the list of 5,751 Crore FDIs which is a mere 0.42% of the total investments the country got during that time.

Neighboring Telangana is at a comfortable seventh position with 33940 Crores FDI which is again 2.52% of the total FDIs of the country.

Maharashtra, Karnataka, Gujarat, Delhi, and the neighboring Tamil Nadu are in the first five positions.

Andhra Pradesh is competing with small states and under-developed North Eastern states at the bottom of the table.

During Chandrababu Naidu’s regime, Andhra Pradesh used to be in the Top 6 positions frequently but priorities have changed in this new government.

Kia Motors in Anantapur during Chandrababu Naidu’s regime is the single largest FDI India has got till date.

Investments and Job Creation are no longer a priority and the complete focus is on freebies.