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Andhra Pradesh Leads FY26 Investment Proposals With 25.3% Share, Bank of Baroda Says

State leaders credit fast approvals, escrow-backed incentives, sector-specific policies for the surge.

Overview

  • Bank of Baroda, citing CMIE data, reports proposed capital investment of ₹26.6 lakh crore in April–December FY26, up 11.5% year-on-year.
  • Andhra Pradesh logged about ₹6.73 lakh crore in proposals for a 25.3% share, with Odisha at 13.1% and Maharashtra at 12.8%, bringing the trio to 51.2% of the total.
  • Power led proposed spending at 22.6%—driven by renewables—followed by metals at 17.3%, with continued interest in roads and ports.
  • The state highlights an escrow system for incentive payouts, fast-track clearances and LIFT-style land leasing as it moves to convert announcements into projects and jobs, with a 20 lakh jobs target cited.
  • Notable commitments include a Google hyperscale data centre in Visakhapatnam, while some neighbouring states have raised concerns over aggressive land and incentive terms.