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Top India's States Maharashtra Maharashtra retains its position as the
top state in terms of having a positive investment climate from FICCI.
Even though India has many challenges (more
on India's
Challenges), the study also found that Maharashtra had the best
investment climate in India for that for years. Maharashtra has
efficient ports and road connectivity, power and financial center. Industrial Park in Mahape Region:
Industrial Park in Kolhapur City: Andhra Pradesh is the 4th largest industrial economy in India with a
State Gross Domestic Product (GDP) of US$26b, accounting for nearly 7%
of the national GDP. Andhra Pradesh state is one of India’s hubs
for the automotive and IT industries. It is home to several
Industrial Parks and comprehensive industrial zones.
Andhra Pradesh has had a tremendous growth in IT industry. There is abundant availability of highly skilled IT manpower, pleasant climate, good technical and social infrastructure, and a pro-active Government. Companies like Microsoft, IBM, Motorola, Oracle, Baan and Wipro have set up their operations in Hyderabad. Local entrepreneurs have also set up several start-up companies. Andhra Pradesh based IT companies like Satyam computers and Infotech Enterprises have set up operations in the United States. Satyam Computer’s subsidiary, Satyam Infoway, has become the second Indian company to be listed on the NASDAQ. Andhra Pradesh has twelve minor and intermediate ports and one major port (Visakhapatnam) along its 1000 km coast. Visakhapatnam is the country's largest major port. At the state port level, Andhra Pradesh is ranked third behind Gujarat and Maharashtra and handles 9% of the total Minor port traffic Some Industrial Estates in Andhra Pradesh: Tamil Nadu Tamil Nadu, with an estimated area of 1,30,058 sq. km. ranks eleventh among the states of India in size. The state capital, Madras now renamed as Chennai, is the fourth largest metropolitan city in the Indian sub-continent FDI in Tamil Nadu is also dominated by investments in the IT sector. Chennai and the Tamil Nadu region have been attractive host sites for FDI for the past decade. Although Chennai must compete with Silicon City in Bangalore and Cyberabad in Hyderabad, Chennai has highly skilled IT workers. Tamil Nadu is also ahead in producing the highest number of engineering undergraduates per year in the country. The state has two major all-weather ports at Chennai (Madras) and Tuticorin, as well as two intermediate and six minor ports all of which are currently capable of handling over 32 million metric tones of cargo annually. The automobile industry has also undergone a dramatic transformation in the recent past in Tamil Nadu. Investors such as Ford and Hyundai & Mitsubishi are all here. Some Industrial Estates in Tamil Nadu: |
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