Financial year 2024-25, Maharashtra tops in getting foreign investment
Nagpur nagpur news. Maharashtra topped in getting foreign direct investment (FDI) in the first quarter of the financial year 2024-25. This information was received from the data released by the government. Data released by the Department of Promotion of Industry and Internal Trade (DPIIT) said that between April to June period of the current financial year, Maharashtra has received FDI worth Rs 70,795 crore, which is the highest than any other state during this period.
Karnataka is second after Maharashtra in attracting FDI. The southern state of the country has received foreign investment of Rs 19,059 crore in the first quarter of the financial year 2024-25. After this, Delhi at the third place has seen Rs 10,788 crore, Telangana at the fourth place with Rs 9,023 crore, Gujarat at the fifth place with Rs 8,508 crore, Tamil Nadu at the sixth place has seen foreign direct investment (FDI) of Rs 5,818 crore in the first quarter of the current financial year.
Expressing happiness, Maharashtra Deputy Chief Minister Devendra Fadnavis said on Friday on the social media platform X, “It is a matter of happiness for the entire Maharashtra that 52.46 percent of the total foreign investment coming into the country has come to Maharashtra alone.” In the first quarter of the current financial year, a total of Rs 1,34,959 crore of foreign direct investment has been made in the country.
Recently, it was told in the monthly bulletin of IBI that in the first quarter of the financial year 2024-25, 80 percent of the gross FDI inflow has come in manufacturing, financial services, communication services, computer services, electricity, energy and other sectors. About 75 percent of the FDI has come from countries like Singapore, Mauritius, Netherlands, US and Belgium. India’s economy is growing fastest in the world. In the financial year 2023-24, India’s GDP grew at the rate of 8.2 percent. It is estimated to grow at the rate of 7.2 percent in the financial year 2024-25.
