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Investments of Rs1.6 lakh cr recorded in mfg till Sep 2015

By Niranjan Mudholkar,

Added 14 March 2016

Manufacturing projects with investments worth over Rs 12 lakh crore under implementation

Projects with investments worth just Rs 1.6 lakh crore have actually been recorded as of September 2015, according to a recent study by apex industry body ASSOCHAM. This is only 11 per cent of total investments worth about Rs 15 lakh crore announced in manufacturing sector across India.

"Manufacturing sector in India attracted live investments worth about Rs 33 lakh crore i.e. about one-fifth of the total live investments worth over Rs 164 lakh crore attracted by various sectors across India as of September 2015," noted the study titled ‘Impact analysis of delay in investment implementation in manufacturing,' conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

"Metal and metal products alone accounted for almost half (48 per cent) of the total live investments attracted by manufacturing sector in India followed by chemicals and chemical products (24 per cent), machinery (8 per cent), transport equipment (7 per cent), construction material (7 per cent), food and agro based products (three per cent)," highlighted the study prepared by ASSOCHAM Economic Research Bureau (AERB).

Odisha has topped with over 17 per cent share in the total live investments attracted by manufacturing sector followed by Gujarat (12 per cent), Karnataka (11 per cent), Jharkhand (nine per cent) and Chhattisgarh (seven per cent).

Projects with about 37 per cent of the total live investments attracted by manufacturing sector remained under implementation as of September 2015 i.e. 1,160 projects with investments worth over Rs 12 lakh crore.

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