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www.projectstoday.comJuly 2025Projex Survey11Projex Survey 99attracted 144 projects worth Rs 1,84,661.46 crore during the Survey period. A Rs 81,900.00 crore Polavaram-Banakacherla Linking project of the Irrigation & CAD Department, Andhra Pradesh and 25 Solar/Wind power projects together worth Rs 58,964 crore accounted for around three-fourths of the total fresh investment the state attracted in the first quarter of the current fiscal year.The remaining five states of the top-ten league %u2013 Karnataka, Assam, Madhya Pradesh, Uttar Pradesh, and Telangana -- together accounted for one-fourth of the total fresh investment the country received in the first quarter of FY2026.OUTLOOK-FY2026During the first quarter of FY26, India%u2019s economic growth trajectory encountered several significant challenges. These included a brief military confrontation with Pakistan, persistent geopolitical tensions, and ongoing uncertainties in international trade tariffs%u2014particularly with one of India%u2019s key trading partners, the United States.These developments does impacted the announcement of fresh investment intentions by Indian private sector companies especially in the Manufacturing sector. The situation was further exacerbated by a notable decline in public sector capital expenditure, which compounded the overall slowdown in investment momentum.Fresh Projex: Top 10 States: Q1-FY2026StatesRajasthan Maharashtra Gujarat Odisha Andhra Pradesh Karnataka Assam Madhya Pradesh Uttar Pradesh Telangana All IndiaProjects419684459147144474811523372054,558Rs Crore2,69,391.462,66,331.422,09,683.221,90,338.781,84,661.461,63,882.2176,086.9865,536.6158,086.1655,642.1117,40,880.28Share(%)15.4715.312.0410.9310.619.414.373.763.343.2100.00Fresh Projex: Top 10 States: Q4-FY2025StatesMaharashtra Gujarat Karnataka Rajasthan Odisha Chhattisgarh Madhya Pradesh Telangana Andhra Pradesh Uttar Pradesh All IndiaProjects660434441283127941972161275064,442Rs Crore2,24,519.621,89,489.301,58,498.241,27,505.641,19,101.991,03,956.7585,400.1183,617.3475,564.4448,623.0915,38,984.50Share(%)14.5912.3110.38.297.746.755.555.434.913.16100.00While an improvement in public capex is anticipated in the coming quarters, external headwinds are likely to continue clouding the investment climate for some time. As a result, private sector players may remain cautious, opting to delay new capacity expansion decisions in favour of focusing on the execution and completion of their ongoing capital expenditure programmes.In the interim, it is imperative for government agencies to strengthen their project monitoring frameworks. Timely implementation of already-announced Solar and Wind energy projects, as well as key Infrastructure undertakings, is critical to maintaining the pace of economic activity and ensuring that growth prospects are not derailed.