West Bengal has been placed as the second highest recipient of investments in the country during August and September 2007, a study by Assocham Eco Pulse said.
The state received investment totalling Rs 31,200 crore during the two months, while Orissa topped the list with Rs 55,800 crore (Rs 558 billion).
Maharashtra was the third with Rs 9,834 crore (Rs 98.34 billion), followed by Andhra Pradesh with Rs 8,594 crore (Rs 85.94 billion).
The Assocham study said that the major investments announced during the two-month period were those of Jai Balaji (Rs 16,000 crore or Rs 160 billion), Indian Oil Corporation (Rs 14,500 crore or RS 145 billion) and DLF (Rs 700 crore or Rs 7 billion).
Across the country covering 10 states, total investments announced during the period totalled Rs 1,26,640 crore (Rs 1,266.4 billion) in various sectors like petroleum, steel, cement, real estate, IT, media, retail, telecom and others.
Tamil Nadu was the least recipient receiving Rs 1,725 crore (Rs 17.25 billion).
Capital expenditure programme of petroleum sector was the highest at Rs 53,800 crore (Rs 538 billion).


