Maharashtra Tops FDI Inflows with 31% in H1 FY2425
ECONOMY & POLICY

Maharashtra Tops FDI Inflows with 31% in H1 FY2425

Maharashtra has retained its position as India’s leading destination for foreign direct investment (FDI), attracting Rs 1.13 trillion (tn) in the first six months of FY 2024-25. 

This accounts for 31.48 per cent 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 per cent 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 (bn), close to the annual average of Rs 1.20 tn over the last four years," Fadnavis said. The state has consistently recorded FDI inflows between Rs 1.15 tn and Rs 1.25 tn annually over the past four years, attracting Rs 1.18 tn in 2022-23 and Rs 1.25 tn 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 bn (21 per cent) and Gujarat with Rs 370.59 bn (16 per cent). India’s total FDI inflows for the first half of the fiscal year stood at Rs 45965.37 bn. 

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


Maharashtra has retained its position as India’s leading destination for foreign direct investment (FDI), attracting Rs 1.13 trillion (tn) in the first six months of FY 2024-25. This accounts for 31.48 per cent 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 per cent 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 (bn), close to the annual average of Rs 1.20 tn over the last four years, Fadnavis said. The state has consistently recorded FDI inflows between Rs 1.15 tn and Rs 1.25 tn annually over the past four years, attracting Rs 1.18 tn in 2022-23 and Rs 1.25 tn 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 bn (21 per cent) and Gujarat with Rs 370.59 bn (16 per cent). India’s total FDI inflows for the first half of the fiscal year stood at Rs 45965.37 bn. From October 2019 to September 2024, Maharashtra secured Rs 6.45 tn in FDI, representing 31.48 per cent of the national total. Karnataka and Gujarat followed with 20.79 per cent and 16.44 per cent shares, respectively. 

Next Story
Equipment

Wilo Pumps Boost Efficiency in India’s Metro Stations and Airports

As India’s metro stations and airports handle millions of passengers daily, ensuring seamless operations is critical. One key factor in keeping these transport hubs running smoothly is pump technology. Wilo, a global leader in pump solutions, plays a vital role in water supply, drainage, fire safety, HVAC, and wastewater management in these high-traffic facilities.Metro stations and airports require a steady water supply for drinking, restrooms, cleaning, comfort cooling and fire fighting. Wilo pumps provide reliable water flow, ensuring uninterrupted service even during peak hours. Addition..

Next Story
Products

VEKA Acquires 100% Control of uPVC Business in JV NCL VEKA

VEKA Germany, a global leader in the uPVC profile industry, has successfully acquired 100% ownership of the Company, marking VEKA’s unwavering commitment to the Indian market and its confidence in India’s rapidly expanding construction, real estate, and infrastructure sectors. With VEKA now holding 100% control, following a takeover of the remaining 50% stake previously held by NCL and other shareholders.Since its launch in 2009, the company has become India’s largest producer of uPVC profiles for doors and windows. VEKA holds largest market share across 130 cities, with a strong product..

Next Story
Infrastructure Transport

Titagarh Rail Systems Wins Adani Cement Order for 16 Wagon Rakes

Titagarh Rail Systems Limited (TRSL), a leading Indian rolling stock manufacturer, has been awarded a significant contract from Ambuja Cements Limited and ACC Limited, part of Adani Cement. The order, valued at approximately Rs 537.11 crore, includes the manufacture and supply of 16 BCFCM (Bogie Covered Fly Ash/Cement Wagon) rake wagons with BVCM (Bogie Brake Van Type) wagons, further reinforcing TRSL’s leadership in the freight rolling stock sector.The contract underscores TRSL’s expertise in designing and manufacturing specialised freight wagons for bulk transportation. The BCFCM and BVC..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?