Let's find out which states to invest in in India. According to a recent research named “Economic Freedom Rankings for the States of India” and conducted by some important economists, Gujarat is configured as the state that offers the best conditions for an investment in India. The so-called Economic Freedon Index, elaborated by the prestigious Canadian body Fraser Institute, is based on some parameters that analyze economic freedom, governance capacity, level of reforms adopted and economic growth of the states taken into consideration.
Gujarat has displaced Tamil Nadu, which now occupies the second position, while Madhya Pradesh, Haryana and Himachal Pradesh occupy third, fourth and fifth positions respectively; West Bengal, Jharkhand and Bihar are instead the states located at the bottom of the ranking.
As regards the parameters related to cost containment and non-invasiveness of the state machine, Haryana ranks first, while Madhya Pradesh, which recorded the biggest leap forward in the list, moving from sixth to third position , was the best governed state of India in terms of legality and security, with the lowest incidence of property crimes.
The states with better labor regulations were Maharashtra, Karnataka and Punjab, while West Bengal, Kerala, Uttar Pradesh and Assam are those offering worse conditions.
Manlius Urbanus
READ ALSO:
The success of Italian companies in India
Internationalizing your business abroad: strategic choice or opportunity?
Digital Export Manager (DEM): internationalization in a digital context
Are you interested in our service?
Fill out the form or contact us at the number
+39 059 9770184
