Tamil Nadu leads India in equity FDI inflows during first quarter
Headline by Prism · from 1 report
Tamil Nadu became the leading recipient of foreign direct investment equity inflows in India during the first quarter of fiscal year 2027.
The Hindu BusinessLineThe brief
Written by software from the 1 report below.
- Tamil Nadu attracted 5.9 billion dollars in foreign direct investment equity in the first quarter of the 2027 fiscal year.
- This figure accounts for 30 percent of total national inflows and represents a significant increase from the 2.7 billion dollars recorded in the same period the previous year.
- The state surpassed traditional investment hubs such as Karnataka and Maharashtra which experienced year-on-year declines.
- Increased investments in manufacturing and global capability centers contributed to the state's rise in ranking.
Who said what
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Gaurav S Ghosh
associate partner at Grant Thornton Bharat
1 quote · 1 outlet
“The structural momentum in the state’s investments is seen in the last few years”
In the article
…this to momentum in new GCC units in the country. Dr Gaurav S Ghosh, associate partner at Grant Thornton Bharat, says Tamil Nadu’s FDI jump is significant even though it is largely explained by a single transaction. “ The structural momentum in the state’s investments is seen in the last few years ,” he said. On the decline in other top States, he notes a high base effect in case of Karnataka, and a broader reversion to trend in Maharashtra. Overall, FDI grew 6 per cent y-o-y in the quarter from $18.6 billion in…
Coverage
1 outlet
All filed from India
NamedIndia · Japan · United States · Gujarat · Karnataka · Shriram Finance · Gaurav S Ghosh · Grant Thornton Bharat · MUFG · Starbucks · Tamil Nadu · Walgreens
The 1 report is listed beside the record.
Corrections and versions
A correction says what was wrong and why. Every earlier headline and brief of this record is kept.
Something wrong?
Say what, and it arrives with this record's address filled in. A correction is welcome.
Ask this story
Answers cite the 1 report above, or say they can't.