Maharashtra has once again proven its prowess in attracting foreign direct investment, surpassing all other states in India for the second consecutive time. The state received a significant amount of Rs 70,795 crore in the first quarter of the financial year 2024-25, solidifying its status as the leader in FDI. This achievement was highlighted by Maharashtra's Deputy Chief Minister, Devendra Fadnavis, who emphasized the state's ability to secure over 50% of the country's total FDI during that period.
Fadnavis proudly stated that Maharashtra has been successful in attracting a substantial influx of foreign investment, amounting to Rs 12,35,101 crore in the previous financial year 2023-24. This figure outpaced the combined FDI received by Gujarat and Karnataka, showcasing Maharashtra's dominance in attracting foreign capital. The Deputy Chief Minister also pointed out that the state has maintained its FDI leadership position for two consecutive years, indicating a consistent track record of success in this area.
Despite facing competition from other states like Karnataka, Delhi, Telangana, and Gujarat, Maharashtra has emerged as the frontrunner in FDI attraction. Fadnavis attributed this success to the efficient governance and proactive measures undertaken by the state government, which have resulted in a remarkable inflow of investments. He expressed confidence in the state's continued growth trajectory, emphasizing the potential for even higher FDI numbers in the upcoming quarters.