Maha Bags Lion’s Share In FDI Inflows
With Rs 1,25,101 cr, Maharashtra topped FDI inflows in FY24 too
Maha Bags Lion’s Share In FDI Inflows
Mumbai: Maharashtra has once again demonstrated its dominance as a preferred destination for foreign direct investment (FDI), securing Rs1,13,236 crore in the first six months (April–September) of fiscal 2024-25. This achievement reaffirms the state’s pre-eminence position over competitors such as Karnataka, Gujarat, Delhi, Tamil Nadu, Haryana, Telangana, Jharkhand, Rajasthan, and West Bengal.
Maharashtra Chief Minister Devendra Fadnavis shared the data on Friday, published by the Department for Promotion of Industry and Internal Trade (DPIIT), in a post on X, emphasizing Maharashtra’s consistent leadership in attracting FDI. The announcement comes ahead of Fadnavis’ visit to Davos for the World Economic Forum (WEF) summit, where the state government aims to secure more investments. “Maharashtra will not stop now,” said Fadnavis, adding “In just six months, the State has received Rs1,13,236 crore in foreign investments, which amounts to 94.71 per cent of the total FDI received during the entire previous fiscal year. Over the past four years, Maharashtra has averaged annual FDI inflows of Rs 1,19,556 crore.”