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Investment intents fall 27.8% to Rs 1.33 trillion in April-June

Gujarat continues to be the top state in drawing investments followed by Rajasthan and Punjab

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Jayajit Dash Bhubaneswar
Fresh investment intents attracted by states recorded a slump of 27.8 per cent to Rs 1.33 trillion in the April-June quarter of this fiscal. In the comparable period of 2017-18, investment intents were valued at Rs 1.70 billion.
The quantum of investment proposals filed also declined from 543 to 460 in the period under review, data by the Department of Industrial Policy & Promotion (DIPP) showed. The average investment per proposal fell eight per cent to Rs 2.89 billion from Rs 3.14 billion.
Gujarat continues to be the top state in drawing investments followed by Rajasthan and Punjab. Between them, the top

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First Published: Aug 29 2018 | 6:35 PM IST

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