Maharashtra Tops India in Foreign Direct Investment for First Quarter of FY 2024-25

Maharashtra emerged as the leader in FDI in the first quarter of FY 2024-25, securing 52.46% of the total investment in India. Deputy Chief Minister Devendra Fadnavis announced that the state attracted Rs 70,795 crore, outpacing all other states.

Maharashtra has emerged as India's top destination for Foreign Direct Investment (FDI) in the first quarter of the fiscal year 2024-25, Deputy Chief Minister Devendra Fadnavis announced on Friday. The state received 52.46% of the total FDI in the country during this period.

In a social media post, Fadnavis congratulated the state, noting that Maharashtra attracted more investment than the combined total of all other states. "Congratulations Maharashtra! Very good news!! 52.46 percent of the total foreign investment in the country is done only in Maharashtra!!!" he posted on 'X'.

From April to June 2024, Maharashtra received a total of Rs 70,795 crore in FDI. Karnataka secured Rs 19,059 crore, Delhi received Rs 10,788 crore, Telangana attracted Rs 9,023 crore, and Gujarat rounded out the top five with Rs 8,508 crore. Fadnavis highlighted previous successes, noting Maharashtra's FDI leadership in recent years.

(With inputs from agencies.)