Maharashtra Tops FDI Inflows, Claims 31% of Total in H1 FY24-25

06 Jan 2025 CW Team

In a post on X, Fadnavis highlighted the state’s exceptional performance, noting that the FDI received from April to September 2024 was 94.71% of the average annual FDI recorded over the past four years. "The first half of FY 2024-25 saw FDI of Rs 1132.36 billion, close to the annual average of Rs 1.20 trillion over the last four years," Fadnavis said.

The state has consistently recorded FDI inflows between Rs 1.15 trillion and Rs 1.25 trillion annually over the past four years, attracting Rs 1.18 trillion in 2022-23 and Rs 1.25 trillion in 2023-24.

The Department for Promotion of Industry and Internal Trade (DPIIT) data revealed Maharashtra as the top performer in FDI inflows, followed by Karnataka with Rs 836.28 billion (21%) and Gujarat with Rs 370.59 billion (16%). India’s total FDI inflows for the first half of the fiscal year stood at Rs 45965.37 billion.

From October 2019 to September 2024, Maharashtra secured Rs 6.45 trillion in FDI, representing 31.48% of the national total. Karnataka and Gujarat followed with 20.79% and 16.44% shares, respectively.

While these figures counter opposition claims that Maharashtra is losing its investment edge, criticism persists. Congress leader Sachin Sawant accused the central government of favouring Gujarat, Prime Minister Narendra Modi’s home state. "Maharashtra has always led in FDI. However, projects shifted to Gujarat under the Modi government could have boosted Maharashtra’s figures further. The state must also clarify why its $1 trillion economy target remains unfulfilled," Sawant said.

(Hindustan Times)

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Maharashtra has retained its position as India’s leading destination for foreign direct investment (FDI), attracting Rs 1.13 trillion in the first six months of FY 2024-25. This accounts for 31.48% of India’s total FDI inflow during the period, Chief Minister Devendra Fadnavis announced.In a post on X, Fadnavis highlighted the state’s exceptional performance, noting that the FDI received from April to September 2024 was 94.71% of the average annual FDI recorded over the past four years. The first half of FY 2024-25 saw FDI of Rs 1132.36 billion, close to the annual average of Rs 1.20 trillion over the last four years, Fadnavis said.The state has consistently recorded FDI inflows between Rs 1.15 trillion and Rs 1.25 trillion annually over the past four years, attracting Rs 1.18 trillion in 2022-23 and Rs 1.25 trillion in 2023-24.The Department for Promotion of Industry and Internal Trade (DPIIT) data revealed Maharashtra as the top performer in FDI inflows, followed by Karnataka with Rs 836.28 billion (21%) and Gujarat with Rs 370.59 billion (16%). India’s total FDI inflows for the first half of the fiscal year stood at Rs 45965.37 billion.From October 2019 to September 2024, Maharashtra secured Rs 6.45 trillion in FDI, representing 31.48% of the national total. Karnataka and Gujarat followed with 20.79% and 16.44% shares, respectively.While these figures counter opposition claims that Maharashtra is losing its investment edge, criticism persists. Congress leader Sachin Sawant accused the central government of favouring Gujarat, Prime Minister Narendra Modi’s home state. Maharashtra has always led in FDI. However, projects shifted to Gujarat under the Modi government could have boosted Maharashtra’s figures further. The state must also clarify why its $1 trillion economy target remains unfulfilled, Sawant said.(Hindustan Times)

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..