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Telangana is on top in attracting investments: ASSOCHAM
Telangana State has surpassed the other States and also crossed the national average in attracting investments, declared the Associated Chamber of Commerce and Industry (ASSOCHAM).
Hyderabad: Telangana State has surpassed the other States and also crossed the national average in attracting investments, declared the Associated Chamber of Commerce and Industry (ASSOCHAM).
It said that this phenomenal growth is possible due to investor friendly policies of the Telangana State government. In 2011-12 Financial year, Rs 3.3 Lakh Crore worth investments have come to the State from abroad and within the country, it went up to Rs 5.9 Lakh Crore in the financial 2016-17.
ASSOCHAM National General Secretary DS Rawat and Senior Managing Committee Member Babu Lal Jain issued a press release on the summary of the study conducted their organisation here on Thursday. In the five-year duration in the investments sector, the national average growth rate is 27 percent while it is 79 percent in the Telangana State, the press release stated.
