New investments: Gujarat pushed to eighth position, even behind UP and Rajasthan

By A Representative
It is not just in investments completed that Gujarat is lagging behind several states (click HERE to read). The situation has turned worse for new investments in the state, regarded as “growth engine of India”. Analysis carried out by a researcher with India’s premier independent research body Centre for Monitoring Indian Economy (CMIE) suggests that while Tamil Nadu tops the list of states with new investments in the quarter ended September 2014, Gujarat ranks eighth, with six other states performing better – Andhra Pradesh, Maharashtra, Karnataka, Uttar Pradesh, Rajasthan and Telangana.
The researcher, Pradnya Deo, has said, “Announcement of new investments in Gujarat was lower in the quarter at Rs 65.3 billion, in comparison to Rs 176.5 billion in June 2014”, adding, of this, investment worth Rs 28.5 billion was in the shipping transport infrastructure segment alone. Giving details, the researcher said, “Adani Ports & Special Economic Zone Ltd announced development of a fourth container terminal at the Mundra port at a cost of Rs. 21 billion”, and “Reliance Industries Ltd announced expansion of the Jamnagar Liquid Jetty Project, by setting up an additional berth” for Rs 7.5 billion.”
“Tamil Nadu topped the charts with new investments worth Rs 373.2 billion, highest in the past four years”, the researcher said, adding, important contributors were announcement by the Ministry of New & Renewable Energy (MNRE) to set up a 4,000 MW Tamil Nadu Solar Ultra Mega Power Project (UMPP) for Rs 260 billion, and the State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) announcement to set up a thermal power project at Tuticorin, with an investment of Rs. 32 billion.
Other “slew of industrial projects” announced by the Tamil Nadu government included “a desalination plant has been proposed at Kadaladi in the Ramanathapuram district, with Rs 15 billion investment and a capacity of 15 million litres per day (mld). Another Rs 72.7 billion investments were announced by the state government in the storage & distribution segment”, Deo said.
Then was the turn of Andhra Pradesh, which stood second with “substantial new investments” worth Rs 339 billion”. Of this, Rs 170.5 billion (nearly 50 per cent) was the solar energy sector. “Andhra Pradesh government signed a Memorandum of Understanding (MoU) with the National Thermal Power Corporation (NTPC) for setting up a 1,000 MW solar park at Kadiri in Anantapur district at Rs 70 billion. It signed a MoU with NVVNL (NTPC Vidyut Vyapar Nigam Ltd) as well, for 1,000 MW Kurnool Solar Project at Rs. 65 billion. The Andhra Pradesh Power Generation Corp Ltd (APGENCO) has also announced a 500 mw Kadapa Solar Power Project costing Rs 32.5 billion”, the researcher noted.
As for Maharashtra, Deo said, it “stood third with new investments worth Rs 267.6 billion. This included announcement of a dry port at Aurangabad by Jawaharlal Nehru Port Trust (JNPT), with an investment of Rs. 150 billion. JNPT has also announced to develop a dry port at Wardha. Goods from these two dry ports shall be sent to the JNPT port for further exports by rail network.”
Karnataka came fourth -- it saw new investments worth Rs 126.9 billion, mainly in the steel industry. “Kalyani Steels has planned to double the capacity of its carbon alloy steel plant at Koppal to 1.4 million tonnes, at a cost of Rs. 55.3 billion. While, Sandur Manganese & Iron Ore Ltd received a Terms of Reference (ToR) approval from the Expert Appraisal Committee (EAC) for expansion of its existing ferro alloy plant capacity at Hanumanhalli in Hospet district”, Deo said.
The fifth rank was of Uttar Pradesh, which saw “the highest amount of new investments in the quarter in the past four years, at Rs. 126.1 billion”, the researcher said. “This includes approval of the Rs. 52.8 billion Meja Phase II Thermal Power Project by the state government, entailing two units of 660 mw each. Another Rs. 70.6 billion investment in Uttar Pradesh was announced in the power sector.”
“The sixth rank was of Rajasthan, which announced new investments worth Rs. 125.9 billion, mainly in the power sector. On September 1, 2014, Adani Power announced to expand the capacity at its Kawai Coal Based Thermal Plant by 1,600 MW (two units of 800 mw each) to 2,920 MW, at a cost of Rs 91 billion”, Deo said.
And, the seventh position in new investments was of Telangana, at Rs 107.4 billion. “Bharat Heavy Electrical Ltd (BHEL) is in talks with the Telangana government for engineering, procurement and construction (EPC) order for the Manuguru Coal Based Thermal Power Project. The Rs 43.2 billion project entails four units of 270 mw each. Southern Power Distribution Corporation of Telangana Ltd (SPDCT) has also proposed to set up a 500 mw solar plant at Adilabad, with an investment of Rs. 32.5 billion”, the researcher said.

Comments

Anonymous said…

almost 70-80% investment is in power sector and in gujarat its already done a long ago :)

October 14, 2014

US-China truce temporary, larger trade war between two economies to continue

By Prabir Purkayastha The Trump-Xi meeting in Busan, South Korea on 30 October 2025 may have brought about a temporary relief in the US-China trade war. But unless we see the fine print of the agreement, it is difficult to assess whether this is a temporary truce or the beginning of a real rapprochement between the two nations. The jury is still out on that one and we will wait for a better understanding of what has really been achieved in Busan.

When growth shrinks people: Capitalism and the biological decline of the U.S. population

By Bhabani Shankar Nayak* Critically acclaimed Hungarian-American economic historian and distinguished scholar of economic anthropometric history, Prof. John Komlos (Professor Emeritus, University of Munich), who pioneered the study of the history of human height and weight, has published an article titled “The Decline in the Physical Stature of the U.S. Population Parallels the Diminution in the Rate of Increase in Life Expectancy” on October 31, 2025, in the forthcoming issue of Social Science & Medicine (SSM) – Population Health, Volume 32, December 2025. The findings of the article present a damning critique of the barbaric nature of capitalism and its detrimental impact on human health, highlighting that the average height of Americans began to decline during the era of free-market capitalism. The study draws on an analysis of 17 surveys from the National Health and Nutrition Examination Survey (NHANES), conducted by the U.S. Centers for Disease Control and Prevention (...

Is vaccine the Voldemort of modern medicine to be left undiscussed, unscrutinised?

By Deepika* Sridhar Vembu of Zoho stirred up an internet storm by tweeting about the possible link of autism to the growing number of vaccines given to children in India . He had only asked the parents to analyse the connection but doctors, so called public health experts vehemently started opposing Vembu's claims, labeling them "dangerous misinformation" that could erode “vaccine trust”!

Justice for Zubeen Garg: Fans persist as investigations continue in India and Singapore

By Nava Thakuria* Even a month after the death of Assam’s cultural icon Zubeen Garg in Singapore under mysterious circumstances, thousands of his fans and admirers across eastern India continue their campaign for “ JusticeForZubeenGarg .” A large digital campaign has gained momentum, with over two million social media users from around the world demanding legal action against those allegedly responsible. Although the Assam government has set up a Special Investigation Team (SIT), which has arrested seven people, and a judicial commission headed by Justice Soumitra Saikia of the Gauhati High Court to oversee the probe, public pressure for justice remains strong.

Govt claims about 'revolutionary' rice varieties raise eyebrows: SC order reserved since Jan '24

By Rosamma Thomas * In a matter of grave importance for agriculture, public health awaits Supreme Court ruling, even as top Government of India bureaucrats stand accused of “willful and deliberate disobedience” of the top court. While a contempt petition filed by Aruna Rodrigues , lead petitioner in the Genetic Modification (GM) of crops matter remains pending in the Supreme Court since July 2025, the Union ministry of agriculture asserts that two home-grown gene edited rice varieties are of superior quality, and hold potential for “revolutionary changes in higher production, climate adaptability, and water conservation.” In May 2025, the Press Information Bureau released a press release stating that a “historic milestone” had been reached, under the leadership of Prime Minister Narendra Modi ; the new varieties, DRR Rice 100 (Kamla) and Pusa DST Rice 1 , the press release stated, offer both benefits – increased production and environmental conservation.

Banks, investors pour $52 billion into metallurgical coal expansion despite global climate pledges

By A Representative A new report by the German environmental and human rights NGO Urgewald has revealed that banks and institutional investors have poured nearly $52 billion into the expansion of metallurgical coal, or “met coal,” despite global commitments to phase out coal financing. Between 2022 and 2024, banks provided $21.96 billion in loans and underwriting to met coal developers, while investors held $30.23 billion in securities of companies expanding coal mining operations. The report, Still Burning: How Banks and Investors Fuel Met Coal Expansion, warns that loopholes in coal exit policies have allowed continued support for coal used in steelmaking — a sector responsible for about 11% of global CO₂ emissions.

Gujarat civil society to move Supreme Court against controversial electoral roll revision

By Rajiv Shah A recent, well-attended meeting of Gujarat civil society activists in Ahmedabad , held to discuss the impact of the ongoing Special Intensive Revision (SIR) of electoral rolls, has decided to file a petition in the Supreme Court against the controversial exercise initiated by the Election Commission of India (ECI) across the country. Announcing this, senior High Court advocate Anand Yagnik , who heads the Gujarat chapter of the People’s Union for Civil Liberties (PUCL), said that a committee has already been formed to examine the pros and cons of SIR. “While the SIR exercise began in Gujarat on November 4 and is scheduled to continue for a month, we will file a supporting petition in the case against SIR in the Gujarat High Court or the Supreme Court after observing how it proceeds in the state,” he said. Yagnik’s announcement followed senior advocate Shahrukh Alam —who is arguing the SIR case in the Supreme Court—urging Gujarat’s civil society to also file ...

Trump escalates threats of war against Venezuela, as millions in US set to lose essential benefits

By Manolo De Los Santos The United States government is in the grips of one of its longest-running funding gaps in history. The ongoing government shutdown has already stretched beyond 30 days and now, the food security of millions of Americans is at risk as the funding to the Supplemental Nutrition Assistance Program (SNAP) is drying up and Trump officials have refused to tap into contingency funds . Approximately 42 million individuals per month rely on SNAP benefits and are set to lose them beginning on November 1.

Buddhist shrines were 'massively destroyed' by Brahmanical rulers: Historian DN Jha

Nalanda mahavihara By Rajiv Shah Prominent historian DN Jha, an expert in India's ancient and medieval past, in his new book , "Against the Grain: Notes on Identity, Intolerance and History", in a sharp critique of "Hindutva ideologues", who look at the ancient period of Indian history as "a golden age marked by social harmony, devoid of any religious violence", has said, "Demolition and desecration of rival religious establishments, and the appropriation of their idols, was not uncommon in India before the advent of Islam".

Search This Blog