Gujarat and Rajasthan are Corporate India's investment lodestone

Gujarat tops with Rs 4 tn in fresh investments, Rajasthan is second with Rs 2.37 tn investments in FY22

Gujarat has topped the list of Indian states in attracting fresh investments from Indian and foreign companies, with new investments worth Rs 3.98 trillion announced in 2021-22 (FY22), up 273 per cent, or by Rs 2.91 trillion, compared with 2020-21 (FY21).

Gujarat was the highest gainer in value terms as Indian states recovered from the Covid-19 pandemic which impacted investments across regions in the previous year, according to data sourced from the Centre for Monitoring Indian Economy and CareEdge.

By attracting new investments worth Rs 2.37 trillion in FY22, Rajasthan was placed No. 2, but was the highest gainer in