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India's State-by-State Investment Directory: 66 Confirmed Deals, Sector by Sector

August 25, 2026

A browsable reference of 66 real, dated corporate investments in India, organised by sector and then by state — every entry links to its own source, and every state attribution has been independently re-checked against that source. Search by company, state, or sector below.

Trade & Tariffs · India · 25 August 2026

India's State-by-State Investment Directory: 66 Confirmed Deals, Sector by Sector

Where the 66 confirmed deals land, by sector State-level entries per sector (81 total rows, multi-state deals counted once per state) Aerospace & Defence 12 Food Processing 12 Electronics & Semiconductors 9 Medical Devices 8 Chemicals & Plastics 7 White Goods & Electricals 7 Auto, EV & Components 6 Specialty Steel & Metals 6 Green Energy & Fuels 5 Shipbuilding & Marine 5 Pharma & Bulk Drugs 3 Textiles & Apparel 1 Source: post's own sector counts, 66 confirmed company-investment directory
Sector breakdown of the 81 confirmed state-level entries in the directory.
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66confirmed investments
12sectors
17states
7multi-sector hub states
58fully verified as sourced

⚠ marks the 8 entries where our own re-check of the cited source found a problem — a dead link (independently reconfirmed) or a state the source doesn't actually name. Hover the flag for the specific issue, or see the notes at the bottom.

Gate of the Bengal Chemicals & Pharmaceuticals factory in Kolkata
A chemicals-and-pharmaceuticals plant in India, representative of the manufacturing sectors tracked in this state-by-state investment directory. Bengal Chemicals & Pharmaceuticals Limited – Kolkata, Biswarup Ganguly, CC BY-SA 3.0, via Wikimedia Commons.
Aerospace & Defence 12

Delhi

Gujarat

Haryana

Karnataka

Maharashtra

Telangana

Auto, EV & Components 6

Andhra Pradesh

Haryana

Maharashtra

Tamil Nadu

Chemicals & Plastics 7

Gujarat

Karnataka

Kerala

Maharashtra

West Bengal

Electronics & Semiconductors 9

Gujarat

Karnataka

Maharashtra

Tamil Nadu

Uttar Pradesh

Food Processing 12

Assam

Gujarat

Karnataka

Madhya Pradesh

Maharashtra

Odisha

Punjab

Rajasthan

Tamil Nadu

Uttar Pradesh

West Bengal

Green Energy & Fuels 5

Andhra Pradesh

Gujarat

Tamil Nadu

Telangana

Medical Devices 8

Andhra Pradesh

Delhi

Gujarat

Maharashtra

Tamil Nadu

Telangana

Pharma & Bulk Drugs 3

Karnataka

Telangana

Shipbuilding & Marine 5

Gujarat

Kerala

Maharashtra

Specialty Steel & Metals 6

Andhra Pradesh

Chhattisgarh

Karnataka

Maharashtra

Odisha

Textiles & Apparel 1

Maharashtra

White Goods & Electricals 7

Andhra Pradesh

Maharashtra

Tamil Nadu

Uttar Pradesh

Which states are becoming multi-sector hubs

Counting confirmed investments isn't the only way to read this data. A separate cut asks a different question: which states are pulling in companies across several sectors at once, rather than winning on the strength of one industry cluster? Applying a ≥3-distinct-sector threshold to the same 66 confirmed entries turns up seven states that qualify as genuine multi-sector hubs, out of 17 with any confirmed investment at all.

StateDistinct sectorsWhich sectors
Maharashtra10Aerospace, Auto/EV, Chemicals, Electronics, Food Processing, Medical Devices, Shipbuilding, Steel, Textiles, White Goods
Gujarat7Aerospace, Chemicals, Electronics, Food Processing, Green Energy, Medical Devices, Shipbuilding
Tamil Nadu6Auto/EV, Electronics, Food Processing, Green Energy, Medical Devices, White Goods
Karnataka6Aerospace, Chemicals, Electronics, Food Processing, Pharma, Steel
Andhra Pradesh5Auto/EV, Green Energy, Medical Devices, Steel, White Goods
Telangana4Aerospace, Green Energy, Medical Devices, Pharma
Uttar Pradesh3Electronics, Food Processing, White Goods

Maharashtra's spread is the most striking single fact in this whole dataset — ten of the twelve sectors this directory tracks have landed at least one confirmed investment there, more than double Gujarat's seven. Gujarat's narrower spread is compensated by depth: its 12 confirmed entries concentrate almost entirely in electronics/semiconductors and chemicals, the corridor described above.

An independent check: what DPIIT's own filings say

None of the state or sector counts above come from DPIIT, India's own investment-promotion department — they're built from a news sweep. As an independent reference point, DPIIT publishes cumulative Industrial Entrepreneur Memorandum (IEM) filings by state and by industry, going back to 1991. IEM figures capture intended investment declared at business registration, not verified capex, and DPIIT's own public dataset publishes state totals and industry totals separately — never a joint state×sector matrix — so it can corroborate scale and rough rank, but it cannot itself confirm which state won which sector.

StateCumulative IEM investment (₹cr)Rank in this directory's "revealed" count
Gujarat23,103.572nd
Odisha22,482.168th (tied)
Maharashtra20,694.291st
Karnataka16,352.665th (tied)
Andhra Pradesh10,534.753rd (tied)

Gujarat and Maharashtra topping both lists is a genuine convergence between an independent government dataset and this directory's own news-sweep methodology — reassuring, since the two are built from completely different source material. Odisha is the interesting divergence: it ranks 2nd nationally on DPIIT's own cumulative IEM investment figures but only 8th (tied) in this directory's confirmed-entry count, with just three entries covered above — two steel (POSCO, JFE Steel) and one food processing (Nestle). That gap likely reflects DPIIT's IEM series running back to 1991 and capturing sectors this directory doesn't track in depth (mining, cement, metallurgy generally) rather than any error in either dataset — but it's a reminder that a 66-entry news sweep, however carefully verified, is a sample of recent, prominent deals, not a census of all industrial investment in India.

DPIIT IEM figures sourced from data.gov.in's state-wise IEM dataset, as compiled by the same policy-research project on 15 August 2026; the underlying resource is a monthly time series with no month field retained, deduplicated to one row per state by keeping each state's highest (= most recent) cumulative figure. This article did not independently re-fetch the data.gov.in resource.

About this data, and what we found checking it

The underlying dataset is a company-investment directory built for a policy-research project tracking India's state-level industrial incentive schemes (company_directory_state_sector.html, generated from a curated news sweep). It tags every company it can find dated, sourced evidence for — a plant groundbreaking, a joint-venture agreement, a signed MoU — to a specific state and sector, with its own HIGH/MEDIUM/LOW confidence grading. As of this week it holds 66 distinct company-sector pairs (81 state-level rows once multi-state companies are counted per state) across 12 sectors, plus a separate, much larger list of 294 company-sector pairs that are merely eligible for a state's scheme — not confirmed to have chosen it. This directory covers only the 66 confirmed, dated investments.

We independently re-fetched and read all 66 unique source links behind these entries rather than reproducing the directory's claims unchecked. 58 held up cleanly against their own cited source, including several confirmed word-for-word against primary company or government press releases (Nippon Steel/ArcelorMittal, POSCO/JSW Odisha, Diehl Defence, Micron, ASML, Sysmex, Eli Lilly, Krka). Eight did not, each flagged with ⚠ above:

  • LG Energy Solution (Green Energy & Fuels, AP/TN/Telangana) — the cited source is headlined "Exclusive…sources say," explicitly calls the $1.5bn JSW battery venture non-binding, and names no state at all.
  • TS Tech Co., Ltd. (Auto, Haryana) — the cited source gives no location for the joint venture; the only Haryana connection is the news platform's own office address.
  • Epic Group (Textiles, Maharashtra) — the cited source names no state, only "India."
  • LG Electronics (White Goods, AP/Maharashtra/TN/UP) — only Andhra Pradesh is a new investment in the source; Maharashtra and UP are pre-existing plants mentioned as context, and Tamil Nadu isn't in the source at all.
  • Mitsubishi Electric (White Goods, Maharashtra + Tamil Nadu) — the ₹2,100 crore figure is Tamil Nadu only; the Maharashtra reference in the same source is to a separate, older (2023) Pune facility.
  • Create Medic Co., Ltd. (Medical Devices, Delhi/Maharashtra/TN) — independent reporting confirms only a Chennai, Tamil Nadu subsidiary; Delhi is a planned future sales office, Maharashtra has no supporting source found.
  • POSCO and Hyundai Steel (Specialty Steel, Chhattisgarh, already tagged LOW by the dataset) — the only source found is a 2019 report about a general willingness to build "a" steel plant with RINL somewhere in India; it never names Chhattisgarh, and even the underlying deal was unconfirmed at the time.
  • PepsiCo and Toyota — both cited source links are dead (404/403). Both claims were independently reconfirmed via alternate reporting (BW Businessworld, Daily Pioneer, Business Standard, Rushlane, Toyota's own India newsroom), so the underlying facts stand; only the directory's own links need refreshing.

Aggregate rupee/dollar investment totals are not shown because the underlying sources report deal size inconsistently — project cost, multi-year commitment, and production capacity aren't directly comparable across entries. This directory does not cover the separate 294-entry policy-eligibility list, does not recommend any investment decision, and does not evaluate any state's incentive policy; nothing here is investment advice.

Related on this blog: Announced vs. Delivered: Five Indian State Industrial Policies, Checked Against the Numbers · India's State Incentive War: Gujarat's Execution Edge, Karnataka's FDI Inversion, and Why Nobody Can Tell You Who Actually Got Paid · Where India’s Factories Actually Get Built — IEM State & Sector Analysis — the state-policy delivery check, the incentive-war piece, and the IEM factory-location analysis this investment directory was built to cross-check against.

About this article: Researched, written and edited by Umashankar Triplicane Dwarakanathan, with AI research assistance; every figure is meant to trace to the primary source cited. See the Editorial Policy for how sourcing, AI use and corrections work.

Umashankar Triplicane Dwarakanathan
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Umashankar Triplicane Dwarakanathan
Investment Promotion & Energy-Sector Leader · Chennai, Tamil Nadu, India
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Data-led analysis of India's trade, currency and industrial policy. Every article is built from primary official sources, and every figure links back to the release, table or filing it came from.

Sources. DGCI&S TradeStat (imports/exports, HSN-wise) · PIB (government press releases, January 2017 to today, refreshed daily) · RBI (circulars, balance of payments) · MoSPI (CPI/WPI, IIP) · PARIVESH (environmental clearances) · CCIL (bond yields) · BIS (policy rates) · SEBI, NSE/BSE and SEC filings for company data.

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