Andhra Pradesh secures investments worth Rs 2.5 lakh crore in 3 years

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Despite being handed a raw deal during bifurcation,Andhra Pradeshhas emerged as a top destination, garnering investments to the tune of Rs 40,361 crore in the first seven months of 2022 alone.

Though it was left without a capital city, after it lost undivided AP’s bustling economic engine and capital Hyderabad to Telangana, and failed to get special category status (SCS), AP has galloped ahead of other states in parameters such as industrialization, economic Growth, and gross value added (GVA).

AP ranked numero uno in terms of actual industrial investment that came into the country in the January-July 2022 period, as per DPIIT’s July 2022 report. AP and

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Odisha, with investments of Rs 40,361 crore and Rs 36,828 crore, respectively, accounted for 45% of the total 1,71,285 crore investment inflow into the country in the first seven months of 2022, as perDPIITdata. AP also surpassed the national Average on certain parameters and achieved higher growth than some of the developed states.