The State will continue to build long-term partnerships with investors, prioritise job creation and ensure that investments convert swiftly into on-ground projects, says  IT Minister Nara Lokesh.

The State will continue to build long-term partnerships with investors, prioritise job creation and ensure that investments convert swiftly into on-ground projects, says IT Minister Nara Lokesh.
| Photo Credit: File Photo

Andhra Pradesh has established itself as India’s leading investment destination, capturing a remarkable 25.30% of all proposed investments in the first nine months of FY 26, according to a recent report by the Bank of Baroda (BoB). 

According to the report, Andhra Pradesh now stands well ahead of peers such as Odisha (13.1%) and Maharashtra (12.8%), signalling a decisive shift in India’s industrial and investment momentum towards the eastern and southern corridors. 

An official release on Friday said the BoB report highlighted that over half of India’s total proposed capital investment (51.2%) was now concentrated in just three States of Andhra Pradesh, Odisha and Maharashtra, with A.P. emerging as a frontrunner.

Overall, investment announcements across the country during the first nine months of this fiscal year have touched ₹26.60 lakh crore, marking 11.50% increase compared to the same period last year.

Commenting on this accomplishment on ‘X’, Minister for IT, Electronics and Communications Nara Lokesh said A.P. was surging ahead as a result of consistent reforms, speed in decision making and the unambiguous commitments being given to investors.

The State’s focus has been clear: to create a predictable policy environment, enable industry at scale and deliver on the ground, he noted.

The State would continue to build long-term partnerships with investors, prioritise job creation and ensure that investments convert swiftly into on-ground projects, Mr. Lokesh said, adding that with this performance, the State strengthened its position as a key driver of India’s next phase of industrial growth and a benchmark for competitive, reform-oriented governance.

As per the BoB report, Telangana stood fourth, with 9.50% of the investments followed by Gujarat (7.10%), Tamil Nadu (4.90%), Rajasthan (4.30%), Chhattisgarh (3.90%), Madhya Pradesh (3.20%), Uttar Pradesh (2.70%), West Bengal (2.60%) and Karnataka (2.10%).


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