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Gujarat Emerges as Top State in Niti Aayog's Investment Friendliness Index for States and UTs

The index surveyed more than 1,850 investors and 165 stakeholders to benchmark state reforms and identify gaps in investment ecosystems.

  • Niti Aayog released the inaugural Investment Friendliness Index on Friday, assessing all 28 states and eight Union Territories on their ability to attract and sustain investments.
  • Eight pillars—infrastructure , business climate , and resources among others—determine investment readiness, combining public data with input from more than 1,850 investors and 165 stakeholders.
  • Among large states, Gujarat ranked first with a score of 56.6 out of 100, followed by Maharashtra and Tamil Nadu . Uttarakhand led hilly states, while Goa topped the Union Territories category.
  • Niti Aayog Vice Chairman Ashok Kumar Lahiri rejected the 'horse race' characterization, calling the index a 'strategic reform instrument' for peer learning rather than competition among states.
  • The report classifies states into four performance tiers, aiming to foster healthier business environments and attract capital. This supports the national vision of realizing a Viksit Bharat, according to the report.
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Times of India broke the news in India on Friday, July 17, 2026.
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