Gujarat No 1 in executing Industrial projects in last two decades:GOI

Gujarat No 1 in executing Industrial projects in last two decades:GOI
By Special Correspondent
Gandhinagar, 14 April, 2011


Gujarat No 1 in executing Industrial projects in last two decades:GOI


According to the annual report published by the Department of Industrial Policy and Promotion, Ministry of Commerce, Gujarat has been describe as the number one state in the nation in executing the industrial projects committed during post liberalisation period of 1991 to 2010 under Industrial Entrepreneur Memoranda(IEMs) in its December 2010 report.

According to the Ministry report, Gujarat has executed highest 1556 industrial projects during the period of August 1991 to December 2010 committed by IEMs. Maharashtra stood 2nd, Andhra Pradesh stood 3rd, west Bengal stood 4th while Uttar Pradesh stood 5th in rank.

According to the report in last 19 years the Gujarat has received investment of Rs. 86156 crore through 1556 projects and generated the employment for 223842 persons.

During the same period the Number 2 state Maharashtra received Rs.37765 crore of investment through 1532 projects implementation and generated more employment than Gujarat for 248386 persons.

The report in its highlights of DECEMBER 2010 noted that, in the delicensed sector, 376 Industrial Entrepreneur Memoranda (IEMs) with proposed investment of Rs 1,14,334 crore have been filed. Gujarat Maharashtra and Andhra Pradesh were the leading States in terms of the Number of IEMs filed. However, in terms of amount of proposed investment through IEMs, the three leading states were Maharashtra, Orissa and Bihar.

Top Ten States in Implementation of IEMs(Aug-1991 to Dec-2010)

No. State No of IEMs Investment(Rs. Crore) Employment

(Numbers)

1. Gujarat 1556 86156 223842
2. Maharashtra 1532 37765 248386
3. Andhra Pradesh 899 21967 176285
4. West Bengal 713 31861 131730
5. Uttar Pradesh 611 25911 97466
6. Tamil Nadu 557 15205 87526
7. Haryana 455 17403 74763
8. Rajasthan 439 15040 92045
9. Madhya Pradesh 385 22389 90547
10. Punjab 324 6879 77543

IEM-Industrial Entrepreneur Memoranda

Source: Department of Industrial Policy And Promotion, Ministry of Commerce, Government of India