Maharashtra Achieves ₹1,13,236 Crore in FDI from April to September, Leading Among Indian States
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Mumbai, Jan 3 (NationPress) Maharashtra has once again showcased its dominance as a favored hub for foreign direct investment (FDI), obtaining ₹1,13,236 crore in the first half (April–September) of the fiscal year 2024-25. This milestone reaffirms the state’s leading position over competitors including Karnataka, Gujarat, Delhi, Tamil Nadu, Haryana, Telangana, Jharkhand, Rajasthan, and West Bengal.
Maharashtra Chief Minister Devendra Fadnavis announced the figures on Friday, as released by the Department for Promotion of Industry and Internal Trade (DPIIT), in a message on X, highlighting Maharashtra’s persistent excellence in attracting FDI. This news precedes Fadnavis’ trip to Davos for the World Economic Forum (WEF) summit, where the state government aims to attract further investments.
“Maharashtra will not stop now,” Fadnavis stated, adding, “In just six months, the state has garnered ₹1,13,236 crore in foreign investments, representing 94.71 percent of the total FDI acquired throughout the entire previous fiscal year. Over the last four years, Maharashtra has maintained an average annual FDI inflow of ₹1,19,556 crore.
Fadnavis emphasized Maharashtra’s impressive FDI history, citing yearly statistics: in 2020–21, Maharashtra attracted ₹1,19,734 crore; in 2021–22 ₹1,14,964 crore; in 2022–23 ₹1,18,422 crore; in 2023–24 ₹1,25,101 crore; and during 2024–25 (April–September), Maharashtra has drawn ₹1,13,236 crore.
He attributed this success to the contributions of his cabinet colleagues, Deputy Chief Ministers Eknath Shinde and Ajit Pawar, and the entire state government team. “I sincerely congratulate Maharashtra. I assure you that under the guidance of my colleagues, Deputy Chief Minister Eknath Shinde, Deputy Chief Minister Ajit Pawar, and the entire cabinet, this pursuit for our Maharashtra will carry on,” he remarked.
Maharashtra Governor C.P. Radhakrishnan also highlighted the state's accomplishments in his address to the joint session of the Maharashtra Legislature on December 9. “Maharashtra has led in FDI inflows for two consecutive years, 2023–24 and 2024–25,” he mentioned, adding, “The state accounted for ₹1,25,101 crore in FDI last year and ₹1,13,236 crore in the first two quarters of this fiscal, which is over 90 percent of last year’s total FDI.”
The Governor further noted Maharashtra’s contribution of more than 14 percent to India’s GDP and the government’s ambitious objective to be the first Indian state to realize a 1 trillion dollar economy by 2027–28.
Maharashtra’s steady performance in attracting FDI not only illustrates its industrial vigor but also positions it as a pivotal player in propelling India’s economic advancement.
