This page is for information purpose only. Interested Investors may contact Invest India – the National Investment Promotion and Facilitation Agency of India at investindia.gov.in
In 2022, India celebrated its 75th year of independence and achieved the status of the world’s fifth-largest economy in terms of current dollars. As of March, the nominal GDP of India is estimated to be around US$ 3.5 trillion, with a projected real GDP growth of 7% for the fiscal year ending in March 2023, following an 8.7% growth in the previous financial year. Inflation has significantly slowed down, with an annual rate below 6% and wholesale prices rising at a rate below 5%. The export of goods and services in the first nine months of the current financial year (April-December) has increased by 16% compared to the same period in 2021-22. Despite a high oil price causing an increase in India’s import bill and leading to a larger merchandise trade deficit, concerns over the current account deficit and its financing have decreased as the year has progressed. India’s foreign exchange reserve levels are comfortable, and external debt remains low. More details
In the financial year 2021-22, the economic recovery gained further momentum, with GDP growing 20.1% during April to June 2021, as compared to contraction of 24.4% in Q1 2020-21. In the second quarter of 2021-22 (July to September), India’s GDP increased by 8.4% (Rs. 35.73 trillion) over the corresponding period of 2020-21. The growth trend continued in the third quarter (5.4%) as well as in the fourth quarter. As per data released by National Statistical Office (NSO), Ministry of Statistics and Programme Implementation on 31st May 2022, India’s GDP at Constant (2011-12) Prices in Q4 of 2021-22 (January to March 2022) was estimated at Rs 40.78 trillion, showing a growth of 4.1. Overall, India’s GDP in 2021-22 grew by 8.7% as compared to (-) 6.6% in the previous year. More details
With a resolve to convert the economic setback due to the COVID-19 pandemic into an opportunity to make India self-reliant, and a bigger, stronger and more important part of the global economy, the Prime Minister launched the Atmanirbhar Bharat Abhiyan (self reliant India programme) on 12 May 2020 with the announcement of a stimulus package worth nearly Rs.21 trillion (US$277 billion), equivalent to around 10 per cent of national GDP, designed to open up new avenues of trade and investment in the post-Coronavirus economy. This was followed with further stimuli in October and November 2020, taking the total value of stimulus package to Rs. 29.87 trillion, i.e. about 15% of national GDP. Further, the Government of India has shown an appetite for bold policy reforms relating to agriculture markets, labour laws and redefinition of MSMEs, as well as taking concrete steps for employment generation and to create new opportunities for trade and investment.
The implementation of Atmanirbhar Bharat package and calibrated unlocking of the economy have ensured that economic recovery in India has gained momentum across all sectors. As a result, India received its highest ever total FDI inflow of US$ 83.57 billion in 2021-22, up from US$ 81.72 billion during the year 2020-21, bettering the previous high of US$ 81.72 billion in 2020-21.
At the Investor’s Roundtable organised by Department for Promotion of Industry and Internal Trade (DPIIT), along with Invest India, on 20th April 2022, it was highlighted that India received the highest ever FDI in the last two years.
As per UNCTAD Global Investment Trends Monitor, 2022, the Foreign Direct Investment (FDI) flows to India in calender year 2021 were 26% lower as compared to 2020, because large M&A deals recorded in 2020 were not repeated. (UNCTAD GITM), January 2022, 2022, the Foreign Direct Investment (FDI) flows to India in calender year 2021 were 26% lower as compared to 2020, because large M&A deals recorded in 2020 were not repeated.
However, the World Investment Report 2022, (UNCTAD, 9 June, 2022) ranks India as the world’s 7th highest recipient of FDI in 2021 calender year, up one notch as compared to the eighth rank in 2020.
Over the years, India has successfully positioned itself as one of the most attractive destinations for Foreign Direct Investment across the globe. India’s FDI inflows have increased 20-fold since FY03-04, when the inflows were US$ 4.3 billion only.
India was the fourth major host of greenfield FDI projects and eighth major host of cross-border M&A deals between 2004 to 2015, according to a research paper titled ‘Future of Regional Cooperation in Asia and Pacific’ released on the Asian Development Bank website on 25 November 2020.
Since January 2020, the Coronavirus (COVID-19) pandemic has taken a huge toll on the global economy. In India as well, the impact of the national lockdown imposed in March 2020, followed by cautious “un-locking” since June 2020, resulted in 6.6% in the GDP for the year 2020-21.
An attractive investment destination driven by economic reforms, growing capabilities, and a large consumption base
Find out more about the rewards of investing in India’s fast-growing economyLearn More
In October 2020, the Government of India reviewed and amended the FDI policyLearn More
India introduced a stimulus plan worth nearly Rs.21 trillion to drive growthLearn More
Your step-by-step guide towards investing and engaging in IndiaLearn More
India's foreign partnerships have improved from manufacturing to R&DLearn More
Solutions to your immediate queries relating to investment in IndiaLearn More
Unraveling the socio-economic fabric of India’s 28 states and eight union territories
Andaman & Nicobar is an archipelago of 572 islands located in between the Bay of Bengal and the Andaman Sea.
The island's blue economy such as fisheries, aquaculture and seaweed farming will accelerate in line with the growth of modern infrastructure in A&N.
In March 2021, the Union Ministry of Home Affairs (MHA) announced that it is vetting 41 proposals of projects from various sectors including road construction, hospitality and industries in Andaman & Nicobar Islands and Lakshadweep.
In January 2021, state owned power producer NTPC announced that if will deploy 14 electric buses and will also set up public charging infrastructure in the islands. Introduction of electric buses will help cut down tailpipe emissions.
The islands have been recognised as an eco-friendly tourist destination.
Development of a deep internal port draught and proposal to build a trans-shipment port in Great Nicobar at an estimated cost of approximately US$ 1.36 billion
Andhra Pradesh, located on the southeastern coast of the country, is India’s Sunrise State and the gateway to the east.
Andhra Pradesh is well connected with 6 ports, 6 airports and 123,000 kms of Road Networkl
Ranked #1 in Ease of Doing Business in India
Largest offshore gas field in India at KG basin
Largest producer of fruits and oil palm in India
Sri City Special Economic Zone that houses 180 companies from 27 countries
Andhra Pradesh ranked #9 in Export Preparedness Index 2021 as well as in National Logistics Index 2021
Arunachal Pradesh, which translates as the Land of the Rising Sun, is one of India’s hidden treasures.
US$4.25 billion total GSDP reported during financial year 2020-21
The Best Emerging Green Destination of 2019.
Arunachal Pradesh had a total installed power-generation capacity of 765.14 MW
US$ 148.29 mn approved by the Union Government for construction of roads
Home to world's 2nd largest monastery - Tawang Monastery.
Assam which derives its name from the word "Asama" meaning peerless, is the world's largest tea-producing region.
The state is rich in water resources and has vast tracts of fertile land
The Government has set a target to generate 6,500-megawatt (MW) power in the state by 2030.
With its five national parks and 18 wildlife sanctuaries, the state is a biodiversity hotspot
Renowned for arts, crafts and cottage industries, mainly handloom.
Assam exported key items such as tea, petroleum products, coal, coke and briquettes and other products
Other potential areas of investment include power and energy, mineral-based industries, tourism, and crude oil refining
Known as the “Karmabhumi” of Gautama Buddha and Mahavira, the state is a major source of India's labour force.
The state is well connected to the rest of India and has 5,421 kms of national highways
The new business opportunities in Bihar are plenty as the Eastern Dedicated Freight Corridor passes through the state
Bihar currently has 68 industrial areas and mega industrial parks
Situated in close proximity to the vast markets of Eastern and Northern India and Nepal
Food processing, dairy, sugar, manufacturing, and healthcare are some of the fast-growing industries in the state
Bihar is fundamentally an agrarian economy
Chandigarh is a Union Territory that serves as the capital of its two neighbouring states – Haryana and Punjab.
Capital of two states, governed by the Central Government.
The quality of life in the city is often compared to some of the best cities across the world
68% of Chandigarh's population is in the working age group of 15-59 years
Attracts over 4 mn tourists each year
2950 Small Scale and 15 Large and Medium Scale Units
Almost 70% of the overall power requirement of the city is generated via renewable energy
Located in central India, Chhattisgarh is a minerals-rich state and a key source of electricity and steel for the country.
Total merchandise exports from Chhattisgarh is estimated at $2.32 bn in FY21.
Korba district in Chhattisgarh known as power capital of India.
Leading producer of coal, steel, tin and aluminium in India.
13,076.27 MW of installed power generation capacity in the state.
30% of India's steel production/Sponge Iron comes from Chhattisgarh.
US$ 51.39 bn GSDP recorded during fiscal year 2020-21
Total merchandise exports from Chhattisgarh are estimated at US$ 2,320.29 million in FY21
Located between Gujarat and Maharashtra, Dadra and Nagar Haveli joined the Union of India in 1961. Also located on the western coast of India, Daman and Diu came into existence after separating from Goa in 1987.
Key industries include Marine Products, Plastics, and Textile
Dadra & Nagar Haveli and Daman & Diu leads in integrated textile plants and polyester hub and accounts for 80% of India’s texturising yarn production.
The coastline in Dadra & Nagar Haveli and Daman & Diu is 27 kms and the UT has 7 landing centres.
In FY22 (until February 2022), the UT exported manmade yarn, fabrics and madeups worth US$ 680 million
Exports for plastic sheets and films stood at US$ 94.6 million
The marine catch comprises of oil sardines, shrimps, Indian mackerel, Bombay duck, croakers, cephalopods, other sardines and threadfin breams
Delhi, officially the National Capital Territory of Delhi, is one of India’s fastest growing and richest urban settlements.
The capital city is a popular tourist attraction, majorly for street shopping, the variety of cuisines served here and its rich cultural heritage
Delhi has a total installed power capacity of over 7,616.97 MW
The region has an attractive real-estate market and huge potential for agrochemical-based products
Delhi ranked #12 in Export Preparedness Index 2021
The advance estimate of the GSDP of Delhi at current price during 2020-21 is Rs 7,98,310 crore
The region (NCT) has a total road network of over 23,160 lane km
One of India’s most popular tourist destinations, Goa is home to a mix of old heritage and modern cosmopolitan traditions.
Goa's economic growth is driven by the strong performance of its industrial sectors such as fishing, agriculture, tourism, and pharmaceuticals
Popular with tourists for beaches and cosmopolitan culture.
Goa’s GSDP was US$ 11.14 billion in 2020-21
Goa's installed power generation capacity of 608.28 MW
Goa has a coastline of about 104 kms and inland waterways of about 250 kms
The State has a literacy rate of 88.7%
Gujarat is home to the world's largest petroleum refinery and the largest diamond processing hub.
The State has 42 ports, including 1 major port and 41 non-major ports
Gujarat’s current operational capacity for generation of power from wind energy sources stands at 8,561.8 MW
The State also has 17 operational airports, including 1 international airport
The GoGJ announced the launch of 8 new industrial estates to strengthen manufacturing MSMEs and create more small business opportunities in Gujarat
US$ 260 bn worth of GSDP in FY22
US$ 27.1 bn FDI inflows between October 2019 and March 2022
Haryana’s agricultural and manufacturing prowess has helped sustain India's economic growth since the 1970s.
Haryana is one of India’s largest automobile hubs and has also emerged as a base for the knowledge & manufacturing industry
Merchandise exports from Haryana stand at US$ 13.90 bn in FY22
Historically an agrarian state, Haryana today is amongst the most industrialized and developed states in India
Has the highest per capita income amongst larger states at US$ 3,578
Projected GSDP growth rate for FY23 is 11%
FDI inflow of US$ 5.2 bn between April 2000 and September 2020
The mountainous state's natural riches have attracted tourists to the lush valleys of Kangra, Kullu, Shimla, and Mandi.
Himachal Pradesh contributes nearly one-fourth of total hydro generation in the country
Himachal Pradesh has the potential to contribute 26% to India's hydropower potential
The Baddi-Barotiwala-Nalagarh industrial belt has emerged as a key manufacturing hub for various sectors, and the region is recognized as the rising “Manchester of Pharma in India”
US$ 30.39 mn FDI Inflows during Oct 2019 - Sep 2021
Ranked #7 in Ease of Doing Business
The state ranks #3 in NITI Aayog's Export Preparedness Index 2020
India's newest union territory is a rich contributor in terms of cultural heritage, horticulture, and tourism.
Economy is driven by horticulture, floriculture, sericulture.
355 handloom in Jammu and 243 units in Kashmir
The UT is home to about 65 industrial estates
In 2020-21 the drug formulation and biological products has accounted for 21% of the total exports of US$ 159.64 Mn of the UT
Major handicraft items include Carpets, Paper Mache and Shawls
The state has set up 89 training centres for indigenous textile manufacturing
US$27.14 bn GSDP during fiscal 2020-21
Jharkhand is a land of immense natural wealth, with 40% of the country’s mineral resources residing in the state.
5th rank in Ease of Doing Business among Indian states.
No.1 producer of iron ore, coal, uranium, mica.
20-25% of India's steel comes from Jharkhand.
US$ 1.2bn value of exports during 2019-20.
1st rank in labor reforms, inspection compliance.
US$40.8 bn GSDP recorded during fiscal 2018-19.
US$2.64 bn FDI inflow from October 2019 - September 2020.
State capital Bengaluru has come up as the 4th largest technology cluster in the world after the Bay Area, Boston, and London.
Karnataka is a leader in India’s technology sector, both in terms of investments and exports
The state has a coastline of 300 km with 10 minor ports and one major port in Mangaluru
Karnataka stands 4th in merchandise exports in the national export basket
Karnataka ranked #3 in Export Preparedness Index 2021
State is ranked #8 in National Logistics Index 2021
Karnataka emerged as one of the Best Performers in the State Startup Ranking 2021
Known globally for its backwaters, Kerala is India’s most literate state and was declared the nation's first digital State in 2016.
Kerala is one of the most scenic and popular tourist destinations in India
With a coastline of nearly 590 km, Kerala has a major port at Kochi (with a cruise terminal) and 16 smaller ports along the coast
The State's rich biodiversity has fostered a thriving R&D culture
Kerala is the first state in India to have four international airports, namely in Kochi, Kozhikode, Thiruvananthapuram and Kannur
Kerala also leads other states in Industrial development and per capita income
The state is very close to the global maritime trade route passing through the Indian Ocean region
GSDSP amounting to US$ 132 bn for FY21
A Union Territory since October 2019, Ladakh is renowned for its mountainous beauty and distinct culture.
Two districts that make up Ladakh - Leh and Kargil - including 243 villages.
Ladakh shares international border with China, Pakistan and Afghanistan.
Ladakh is India's coldest, most elevated inhabited region (2300-5000 meters).
Snow-capped mountains and glacial lakes attract a large number of tourists.
Indus, Zanskar, and Shyok are the major rivers that flow through Ladakh.
The government announced 7.5 GW solar power park projects to be commissioned by 2022.
Lakshadweep is a group of 36 coral islands, scattered over an area of 78,000 sq km across the Laccadive Sea.
25% capital investment subsidy to new entrepreneurs.
Average daily global solar radiation as high as 2,022 kWh/m2/annum
Massive potential for production of coconut products.
Coral reefs, white sand beaches have boosted tourism.
10 minor ports and an airport have boosted connectivity.
15th rank in Ease of Doing Business among the Indian States
Lakshadweep Islands are the first Union Territory to become 100% organic
Although primarily an agrarian economy, the state has the largest diamond and copper reserves in India.
Ranked #7 in Export Preparedness Index 2021
Accounts for 14% of India's total cement production
2nd largest state with rich mineral, forestry deposits.
Installed power capacity of 23,400 MW.
120,000 acres industrial land bank for investment.
GSDP is estimated at US$ 150.74 billion in 2022-23,
NSDP was about US$ 113.94 billion in 2020-21
Exports from the state stood at US$ 6,477.32 million in FY21
Maharashtra is home to India’s largest state economy and its capital, Mumbai, is India’s financial capital.
Contributes 20% of country's total pharmaceutical output
26% of total FDI inflows into India is attracted by Maharashtra.
US$100bn Delhi-Mumbai Industrial Corridor (DMIC) underway.
728 out of India’s over 5,210 infra projects valued at US$65.1bn.
Largest producer of crude oil (offshore) in India is Bombay High.
GSDP at US$ 430.62 billion) in 2021-22
US$30,320.70 mn FDI inflows during Oct 2019 - September 2021
The culturally-rich northeastern state, whose name literally translates to ‘A Jewelled Land’, borders Myanmar.
70% of Manipur’s geographical area is under forest cover.
Manipur ranks 4th in the concentration of looms in India.
Home to a variety of rare medicinal and aromatic plants.
GSDP expanded at a CAGR of 14.05% between 2015-16 and 2020-21
As of April 2021, total installed power generation capacity of 261.82 MW
Meghalaya, or "abode of the clouds", is a beautiful resource-rich state tucked between Assam and Bangladesh.
Electronics, IT identified as thrust sectors for development.
Industries such as steel, ferro alloys, cement are being set up.
Diverse sets of soil, red-loamy to laterite, support various crops.
Hydro-electricity potential of nearly 3,000 MW in the state.
GSDP stood at US$ 4.61 billion in 2020-21
This state lies between Bangladesh and Myanmar in the south, east and west, and Assam, Manipur and Tripura in the north.
‘Act East’ has provided an impetus to multi-modal projects.
Vast hydroelectric potential of around 45 GW in Mizoram.
Highly-gifted skilled handloom and handicraft traditions.
2nd largest producer of strawberry in India.
Cumulative FDI inflow in Mizoram stood at US$ 116 million between April 2000 to March 2019 and US$ 6 million during H1FY20
Nagaland has always evoked a sense of mysticism, largely because of its remoteness and distinctive culture.
Rich in minerals such as coal, oil, platinum and magnetite.
Naga chilli, one of the world's hottest, is grown in the state.
Vision 2030 to drive growth with a 15 year perspective.
600 mn MT of crude oil capacity.
11 administrative districts with total population of 2.3mn.
US$3.6bn GSDP recorded during fiscal year 2018-19.
Odisha is renowned for its glorious history, ancient architecture, wildlife, and marine life as well as rich tribal culture.
First rank in Government of India’s Smart City challenge.
Mineral output of US$3.64bn, more than total of 21 states.
30 administrative districts with total population of 43.7mn.
Odisha has 485 km of coastline along the Bay of Bengal.
Rich tribal heritage contributes to economic development.
The state’s economy witnessed high growth rates between 2016-17 and 2020-21, with GSDP of the state growing at a CAGR of 8.53%
US$ 66.20 mn FDI inflow from April 2000 - September 2021
Renowned for a unique mix of French and Indian traditions, Puducherry has crafted its own distinct identity.
77 large and 8,732 MSMEs with total investment of US$410mn.
Local terracotta works and papier-mâché craft have gained GIs.
4 administrative districts with total population of over 1.2mn.
Puducherry recorded over 34% growth in exports in 2017-18
US$ 337.46 million allocated for roads and bridges, of which funds worth US$ 79.23 million allocated to upgrade, construct and repair 560 kms of roads and bridges in FY22
Punjab, literally meaning "Land of Five Waters", is one of the most fertile and industrialised regions of India.
Punjab is also known as the ‘Bread Basket of India’.
Light engineering, food processing are key sectors.
Punjab has about 1.6 lakh industrial units.
Home to international sporting talents across disciplines.
State’s GSDP increased at a CAGR of 6.78% between 2015-16 and 2020-21
A Continuous Galvanized Rebar Production Facility in Mandi Gobindgarh will aid the infrastructure sector.
Allocated outlay of US$ 7.45 million under a ‘Smart School Policy’ for smart schools and digital education.
Cumulative FDI inflow stood at US$ 778.73 million between October 2019-December 2021
Rajasthan, literally meaning "Abode of the Rajas (Kings)," is culturally rich and topographically diverse.
Jaipur has emerged as a hub for technological innovation.
142 GW of solar potential and 18.7 GW of wind potential,
Thousands of years of rich cultural heritage and traditions.
Largest producer of blended fabric and wool in the nation.
Largest producer of coarse cereals in India.
US$ 131.96bn GSDP recorded in 2020-21.
US$724.08 mn FDI inflow during Oct 2019 - September 2021
Ranked 8th in the ease of doing business.
The state is home to 315 glacier lakes and the world's third-highest mountain peak, Kanchenjunga.
First 100% organic region in the world is in Sikkim.
1st cyber village: Every resident has a digital profile.
Sikkim's hydro-power potential is estimated at 8,000 MW.
Sikkim shares its boundary with Bhutan, China and Nepal.
GSDP expanded at a CAGR of 12.66% between 2015-16 and 2020-21.
India's second-largest state economy has evolved from ancient sea trade to IT innovation and engineering prowess.
Highest number of factories in India - over 37,220 units.
Leading centre in India for international medical tourism.
1st private submarine optical fibre cable to link Chennai.
Floriculture occupies 25,610 ha area; exported worldwide.
At current prices, GSDP is estimated to be US$ 320.27 billion in 2022-23
Tamil Nadu recorded $30 bn worth of exports in 2019-20.
Telangana, India’s youngest state, is fast making its way to the foremost position to attract foreign investment.
3rd rank in Ease of Doing Business among Indian states.
Investment of +US$11.5bn since new Industrial Policy 2015.
TS-iPASS Act in 2014 to expedite clearances for mega projects.
World's largest studio complex, Ramoji Film City, is in Hyderabad.
Horticulture, sericulture and fisheries are key in Telangana.
GSDP estimated at US$ 167.82 billion in 2022-23BE
Between October 2019-December 2021, FDI inflow stood at US$ 3,124.40 million
Tripura, the third smallest state in the country, is bordered on three sides by Bangladesh.
A power surplus state, Tripura supplies power to Bangladesh.
Opportunities in sectors such as bio-fuels and eco-tourism.
Rubber, tea-based industries form the prime share industries.
Tripura has ranked 1st in Ease of Doing Business in Northeast.
US$ 7.86bn GSDP recorded during fiscal year 2019-20.
The Ganges River has bestowed upon the state a glorious history of industrial and agricultural prosperity.
Over 143,000 MSMEs and heavy industrial units in the state.
Longest road, rail and river network among all Indian states.
State's population of over 200m is equivalent to that of Brazil.
12 major rivers pass through the state, offering opportunities.
Agra, Lucknow, Sarnath, Allahabad, Varanasi draw global tourists.
US$ 254.12 bn GSDP recorded during fiscal year 2019-20.
UP recorded exports worth US$ 18.83 billion in FY22.
Between October 2019-December 2021, FDI inflows stood at
Located at the foothills of the Himalayan ranges, it is largely a hilly state with associated economic opportunities.
International boundaries with China and Nepal.
+54,047 handicraft units operational in the state.
Hub of prestigious educational/training institutions.
Preferred destination for precision manufacturing.
US$25.36 bn GSDP recorded during 2019-20.
US$ 710mn FDI inflows between April 2000 to June 2020
Often referred to as the cultural hub of the nation, West Bengal is rich in agriculture and heavy industrial activities
India's 2nd largest producer of tea, home to the Darjeeling tea.
2nd highest number of MSMEs, 14% of India's total MSMEs.
Siliguri connects the eight North-Eastern states to rest of India.
Vital international frontiers with Bangladesh, Nepal and Bhutan.
Kolkata is often referred to as the “Cultural Capital of India.”
As of March 2022, West Bengal had a total installed power generation capacity of 10,700.29 MW
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