Investment proposals dip 14% in Jan-Sep on slack demand, economy slowdown

Number of proposals decline to 1,528 till September

Amid slowing economy and slack demand, investment proposals garnered by states dipped 14.6 per cent to 1,528 in January-September 2017 as compared to 1,749 proposals in the past year.

In value terms, the investment intents showed a marginal dip from Rs 3.38 lakh crore to Rs 3.32 lakh crore in the same period, says Care Ratings study.

With 44.4 per cent share, Karnataka led the pecking order in the investment chart, followed by Gujarat (19.8 per cent), Maharashtra (7.5 per cent), Andhra Pradesh (7.2 per cent) and Telangana (3.2 per cent).

In terms of IEMs (Industrial Entrepreneurs Memorandum) implemented, including