Figures released by thedepartment of Industrial Policyand promotion (DIPP) of the government of India state that in the past four years,Gujaratgarnered the highest proposed investments in the country.
Between 2017 and 2021, Gujarat received 1,744 IEMs (industrial entrepreneur memorandum) applications, with a proposed of nearly Rs 5,99,121 crore, accounting for almost 25% of Indias total proposed investment.
During the same period, the total IEMs applications implemented in the state were 1,218 with total reported investment of Rs 3,41,227crore, the DIPP report said. This accounts for 25.8% of Indias total actual investment during the said period. In 2021 (January to November), Gujarat received 199 IEMs with a promised investment of Rs 50,645 crore. Of these, 106 applications were implemented during the year, and Gujarat garnered 31.6% of the total actual investments made in the country in the year.