FDI Inflows Surge in India: Maharashtra and Karnataka Lead the Charge

Significant FDI Growth in India

New Delhi: Recent statistics from the Department for Promotion of Industry and Internal Trade (DPIIT) reveal that Maharashtra and Karnataka collectively represented 51% of the foreign direct investment (FDI) inflows into India for the fiscal year 2024-25.

Maharashtra emerged as the top destination, attracting USD 19.6 billion, which constitutes 31% of the nation's total FDI during the period from April to March 2024-25.

Karnataka followed closely with USD 6.62 billion in foreign investments, according to the reported data.

Other notable states included Delhi with USD 6 billion, Gujarat at USD 5.71 billion, Tamil Nadu with USD 3.68 billion, Haryana at USD 3.14 billion, and Telangana with USD 3 billion.

Experts attribute the significant FDI inflows in Maharashtra and Karnataka to substantial advancements in infrastructure.

An economist noted that the enhanced infrastructure has made these states appealing for foreign investments.

Overall, total FDI, which encompasses equity inflows, reinvested earnings, and other capital, saw a 14% increase, reaching USD 81.04 billion in the last fiscal year, marking the highest level in three years, compared to USD 71.3 billion in 2023-24.