AP Sees Fresh Investments in Projects Tripling in FY25
Andhra Pradesh saw aggregate project value tripled to over Rs 3 lakh crore. Despite continuing as the top state, Maharashtra saw a decline in projects due to state polls.
Chennai: Among the top 10 states, which saw fresh investments in public and private infrastructure projects in FY25, Andhra Pradesh saw aggregate project value tripled to over Rs 3 lakh crore. Despite continuing as the top state, Maharashtra saw a decline in projects due to state polls.
Andhra Pradesh made impressive strides, nearly tripling its investment inflow from Rs 1.05 lakh crore to Rs 3.07 lakh crore, as per the data of Projects Today. This surge was largely driven by two landmark industrial projects - Bharat Petroleum’s proposed refinery with an investment of Rs 95,000 crore and ArcelorMittal Nippon Steel’s steel plant valued at Rs 70,000 crore. The number of new projects in the state rose from 270 to 351.
Telangana’s performance during the year was relatively subdued. Investment declined from Rs 2.03 lakh crore to Rs 1.75 lakh crore, although the number of projects rose from 453 to 586. This suggests a shift towards smaller projects with lower capital intensity. The decline in average project value led to a fall in Telangana’s overall rank and share of national investment.
Maharashtra continued to remain the top state in terms of total fresh investment in FY2025, although both its share and number of projects declined slightly due to the month-long state election held in November 2024. The state attracted Rs 7.94 lakh crore across 2,124 projects, as against Rs 7.96 lakh crore from 2,451 projects in FY2024. Its share in projects reduced from 22.61 per cent to 17.98 per cent.
Gujarat also maintained its second position, recording a growth in investment from Rs 4.30 lakh crore to Rs 5.14 lakh crore. The number of new projects rose modestly from 1,092 to 1,137. The state benefitted from two large-scale Roadway projects, a Hydrogen and Gases project by Larsen & Toubro, and a Port project by the Deendayal Port Authority.
Rajasthan emerged as a major gainer during FY2025, moving up significantly from the eighth position in FY2024 to third place. Its total investment surged more than four-fold, from Rs 1.10 lakh crore to Rs 4.65 lakh crore, while the number of new projects increased from 501 to 873. Eight mega highway projects worth Rs 57,000 crore of Public Works Department, Rajasthan, and a Rs 11,000 crore Solar Power project of ACME Cleantech Solutions helped the state to scale up its rank in terms of total capex.