Maharashtra Leads In FDI, Surpasses 10-Year High In Just Nine Months Of FY25

Maharashtra has achieved a new milestone in foreign direct investment (FDI), attracting Rs 1,39,434 crore in just nine months of the 2024-25 fiscal year, Chief Minister Devendra Fadnavis announced on Friday (7 March), reported The Economic Times.

Citing data from the Department for Promotion of Industry and Internal Trade (DPIIT), Fadnavis highlighted that the state has already surpassed its highest annual FDI inflows recorded in the past decade.

According to DPIIT’s December 2024 report, Maharashtra ranks first in FDI inflows, outpacing Karnataka and Gujarat, the two other leading investment destinations in India. 

Fadnavis emphasised that Maharashtra’s FDI performance in 2024-25 has already exceeded the state’s previous peak in 2016-17, with another quarter still remaining. 

He credited the Mahayuti government, a coalition of the BJP, Shiv Sena (led by Eknath Shinde), and NCP (led by Ajit Pawar), for driving economic growth and maintaining Maharashtra’s position as the country’s top investment hub.

In a statement on the social media platform X, Fadnavis reaffirmed the government's commitment to maintaining Maharashtra’s leadership in attracting global investments.

He acknowledged the efforts of Deputy Chief Ministers Eknath Shinde and Ajit Pawar, along with the state cabinet, in making Maharashtra a preferred destination for foreign investors.

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