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Investment Friendliness Index (IFI) 2026

July 19, 2026

Gujarat has emerged as India’s most investment-friendly state in Niti Aayog’s first-ever Investment Friendliness Index (IFI) 2026, followed by Maharashtra and Tamil Nadu.

About Investment Friendliness Index (IFI) 2026:

  • It is the country’s first IFI released by the NITI Aayog.
  • It assesses how well Indian states and Union Territories are positioned to attract investments.
  • It covers all 28 states and 8 Union Territories and evaluates investment attractiveness across the following eight pillars:
    • Infrastructure
    • Business climate
    • Resources
    • Government policy
    • Regulatory Ease
    • Institutional Environment
    • Financial Health; and
    • Environmental Resilience
  • The framework comprises 84 indicators, incorporating both secondary data and perception-based measures derived from a primary survey of investors.
  • The index uses a 100-point scale and serves as a benchmark for states to improve their investment environment.
  • Each state has scored on different aspects using a mix of primary surveys and publicly available data.
  • Based on overall scores, States and Union Territories have been classified into four performance categories:
    • Top Performers (scores above 50)
    • Frontrunners (45–50)
    • Emerging Performers (≥40 – <45)
    • Aspiring States (below 40)
  • States and Union Territories have also been assessed within three peer groups - Large States, Hilly and Northeastern States, and Union Territories and City States.
  • Highlights of IFI 2026:
    • 5 states were identified as top performers: Gujarat, Maharashtra, Tamil Nadu, Goa, and Odisha.
    • 15 States have been classified as Frontrunners, while 8 States/UTs have been placed in each of the Emerging Performers and Aspiring States categories.
    • Among the large states, Gujarat secured the first rank, followed by Maharashtra and Tamil Nadu, which are also the top three performers in the overall Index.
    • In the Hilly and Northeastern States category, Uttarakhand emerged as the highest-ranked State, followed by Assam and Himachal Pradesh.
    • Among the City States and Union Territories, Goa secured the top position, followed by Delhi and Chandigarh.

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