Maharashtra has continued its dominance as India's leading destination for foreign direct investment (FDI), securing Rs 1,13,236 crore in the first half of fiscal year 2024-25 (April–September). This amount represents nearly 95% of the total FDI received in the previous fiscal year, further cementing the state’s position ahead of other states like Karnataka, Gujarat, Delhi, and Tamil Nadu.
Chief Minister Devendra Fadnavis celebrated the state’s success in a post on X, highlighting that Maharashtra's FDI inflows have averaged Rs 1.19 lakh crore annually over the past four years. He credited this achievement to his cabinet colleagues, including Deputy Chief Ministers Eknath Shinde and Ajit Pawar, and the entire state government team.
In terms of historical performance, Maharashtra attracted Rs 1,25,101 crore in FDI in 2023-24, Rs 1,18,422 crore in 2022-23, and similar numbers in preceding years, indicating its sustained appeal to foreign investors.
Governor C.P. Radhakrishnan also noted Maharashtra’s significant contributions to India’s economy, with the state accounting for over 14% of the country’s GDP. The state government aims to achieve a $1 trillion economy by 2027-28, further solidifying its critical role in India’s economic growth.
