Gujarat Leads Nation in Attracting Bank-Financed Projects, Maharashtra Ranks Second
AI-Generated Summary
Gujarat has consistently remained the top state in attracting bank-financed projects between FY15 and FY25, with Maharashtra securing the second position for the last four fiscal years, according to a study by Reserve Bank of India (RBI) staff. Western India, particularly these two states, has led in drawing bank financing for capacity-enhancing projects. While national private investment shows caution, the pipeline of projects indicates an expected rise in capital expenditure for FY25-26.
In a nutshell
This analysis underscores Gujarat's sustained economic appeal to investors, driven by key regional factors like raw material accessibility and robust infrastructure. The strong performance of Gujarat and Maharashtra highlights their roles as crucial regional growth engines, even as the broader national private investment sentiment remains cautiously optimistic, with future capex projections indicating positive growth.
Source: The Economic Times
