By Vivek Dubey
CNBC-TV18.com
Published Sept 06, 2024
Maharashtra leads with 52.46% of India's total foreign direct investment (FDI) for Q1 FY 2024-25, confirming its dominance in attracting global capital.
For two consecutive years, Maharashtra has been ranked No. 1 in FDI. It continues to secure the majority share of India’s foreign investment in 2024-25.
Maharashtra attracted ₹70,795 crore in FDI during April to June 2024, making it India’s top FDI destination for the first quarter of FY 2024-25.
The second-highest FDI recipient, Karnataka, received ₹19,059 crore, a distant figure compared to Maharashtra’s total, highlighting the state's supremacy.
Maharashtra’s ₹70,795 crore in Q1 FDI exceeds the combined investments of Karnataka, Delhi, Telangana, and five other states, underscoring its economic strength.
Out of India's total FDI of ₹1,34,959 crore in Q1, Maharashtra received 52.46%, showing its unparalleled attractiveness for international investors.
In FY 2022-23, Maharashtra brought in ₹1,18,422 crore in FDI, surpassing the combined FDI of Karnataka, Delhi, and Gujarat, setting a solid benchmark.
Maharashtra secured ₹1,25,101 crore FDI in FY 2023-24, more than double Gujarat’s total and greater than the combined investments of Gujarat and Karnataka.
From 2014 to 2019, Maharashtra attracted ₹3,62,161 crore in FDI under its leadership, showcasing its long-standing appeal for foreign investors.
Between April 2021 and June 2023, Maharashtra attracted ₹3,14,318 crore in FDI, nearly fulfilling its 5-year target in just 2.5 years.
As per Devendra Fadnavis, Deputy CM of the state, FDI for Maharashtra in Q2 FY25 has yet to be announced, but continued growth is expected based on past performance.