Maharashtra leads FDI with US$ 8.43 billion (Rs. 70,795 crore) in the first quarter of FY25, Karnataka a distant 2nd

Maharashtra has secured the highest foreign direct investment (FDI) in India for the second consecutive quarter, attracting US$ 8.43 billion (Rs. 70,795 crore) in the April-June period of FY25, representing 52.46% of India’s total FDI. The state has maintained its position as India's leading destination for foreign investment, surpassing all other states. Deputy Chief Minister Mr. Devendra Fadnavis highlighted that Maharashtra alone accounted for over half of the country’s FDI, with total investments in the state reaching US$ 147.07 billion (Rs. 12,35,101 crore) during 2023-24, exceeding the combined FDI of Gujarat and Karnataka.

The data underscores Maharashtra’s dominance in FDI, with Karnataka following at a distant second with US$ 2.27 billion (Rs. 19,059 crore) and other states like Delhi, Telangana, and Gujarat trailing behind. He noted that Maharashtra has attracted US$ 37.43 billion (Rs. 3,14,318 crore) in investments in just 2 years and 3 months, significantly advancing the state’s economic growth. The DPIIT data boosts the Mahayuti government amid criticism from the Opposition Maha Vikas Aghadi (MVA), which has accused the administration of losing out on major projects to other states.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.