From Our Correspondent
Amaravati: Andhra Pradesh has emerged as the country’s leading destination for proposed investments in the current financial year, accounting for more than a quarter of all investment announcements made across India.
According to state-wise investment share data compiled from Bank of Baroda and published by Forbes India, India recorded total investment announcements worth ₹26.6 lakh crore during the first nine months of FY26, between April and December 2025. Of this, Andhra Pradesh alone attracted 25.3 per cent of the proposed investments—the highest share among all states.
Odisha ranked second with a 13.1 per cent share, followed closely by Maharashtra at 12.8 per cent. Telangana stood fourth with 9.5 per cent, while Gujarat accounted for 7.1 per cent. Tamil Nadu (4.9 per cent), Rajasthan (4.3 per cent), Chhattisgarh (3.9 per cent) and Madhya Pradesh (3.2 per cent) followed at a distance.
Significantly, the top three states—Andhra Pradesh, Odisha and Maharashtra—together accounted for 51.2 per cent of India’s total proposed capital investment during these nine months, underscoring a sharp concentration of investment interest in a handful of states.
At the lower end of the table were Uttar Pradesh (2.7 per cent), West Bengal (2.6 per cent), Karnataka (2.1 per cent), Assam (0.9 per cent) and Jharkhand (0.9 per cent).
The data, which covers investment announcements made during the first three quarters of FY26, reflects proposed—not yet realised—capital expenditure. However, analysts note that Andhra Pradesh’s commanding lead points to strong investor confidence in the state’s policy environment, project pipeline and administrative push for large-scale investments.
The trend also highlights an emerging investment geography where coastal and mineral-rich states dominate the announcement pipeline, while several large and traditionally industrialised states lag behind in attracting fresh proposals during the current fiscal year.
Calling it a ‘welcome new’, Andhra Pradesh Chief Minsiter N Chandrababu Naidu posted on X, ”It reflects the impact of our forward-looking policy reforms, particularly the Speed of Doing Business initiatives, including the introducing the concept of an escrow-based mechanism for timely and transparent incentive distribution, as well as the introduction of clear, sector-specific policies”.