Bhubaneswar: The Associated Chambers of Commerce and Industry (ASSOCHAM) of India today said said that Odisha, with a share of about 10.7 per cent, accounts for second highest share in total outstanding private sector investments including both domestic and foreign private sectors across India by June 2012.
The apex industry body, in its sector specific analysis titled ‘Composition of Outstanding Investments
Across States’, said that of the total outstanding investments in Odisha worth over Rs 11.8 lakh crore, private sector investments account for worth over Rs 8.8 lakh crore, thereby registering a share of about 75 per cent in the overall investments across the state.
With a share of about 12.5 per cent, Gujarat accounts for the highest share in the total outstanding private sector investments across India.
Of the total outstanding investments in Gujarat worth over Rs 14.8 lakh crore, private sector accounts for over Rs 10.3 lakh crore thereby registering a share of about 70 per cent in the overall investments across the western state, the analysis has pointed out.
Besides, with a share of over Rs 82.9 lakh crore, the private sector accounts for over 59 per cent of the total outstanding investments across India worth over Rs 140 lakh crore by June 2012, it added.
Private sector investments account for a whopping 86.6 per cent in the total outstanding investments worth over Rs 4.5 lakh crore in Haryana which has a share of about 4.8 per cent in the total private sector investments made across India.