Maharashtra Leads in National FDI with 52% Share for Q1

Maharashtra Deputy Chief Minister Devendra Fadnavis announced that the state secured 52% of India's Foreign Direct Investment (FDI) in the first quarter of the fiscal year. With Rs 70,795 crore received, Maharashtra outpaced other states like Karnataka, Delhi, Telangana, and Gujarat. The state has shown consistent growth over the past two years.

Maharashtra Deputy Chief Minister Devendra Fadnavis revealed that the state attracted 52% of India's Foreign Direct Investment (FDI) in the first quarter of the current fiscal year, surpassing other states.

Between April and June, India received Rs 1,34,959 crore in FDI, with Maharashtra securing Rs 70,795 crore. This amount exceeds the combined FDI received by Karnataka, Delhi, Telangana, Gujarat, Tamil Nadu, Haryana, Uttar Pradesh, and Rajasthan.

Historically, Maharashtra has been a leader in FDI, having received Rs 3,62,161 crore from 2014 to 2019. Over the past two years, the state attracted an additional Rs 3,14,318 crore. In the last fiscal year, Maharashtra saw FDI of Rs 1,18,422 crore, increasing to Rs 1,25,101 crore this year. Fadnavis expressed optimism about continued growth in the coming quarters.

(With inputs from agencies.)