Maha tops in foreign investment with Rs 70,795 cr in 1st quarter of 2024-25: DyCM

Mumbai, Sep 7 (FN Agency) Maharashtra has managed to maintain its top position in attracting foreign investments in the state with Rs 70,795 crore (that is 52.46 per cent) investment coming in the state in first quarter of the financial year 2024-25, informed Deputy Chief Minister Devendra Fadnavis on Friday. While giving information about total foreign investments in the state, he said that in two-and-a-half years, the government has brought in an investment of Rs 3,14,318 crore in the state. As the figures for the second quarter are yet to come, the total investment figure is likely to increase further, he said. Due to its industry-friendly policy, the state has remained number one in attracting foreign investment for the last two consecutive years, he said.

During the period of 2014 to 2019 when he was in power in the state, a total foreign investment of Rs 3,62,161 crore had come to Maharashtra, he informed. Giving details, the Deputy CM said that the total investment in the country during the first quarter of April to June 2024 is Rs 1,34,959 crore, out of which Rs 70,795 crore (that is 52.46 per cent) investment has come in the state. Maharashtra alone has more investments than Karnataka, Delhi, Telangana, Gujarat, Tamil Nadu, Haryana, Uttar Pradesh and Rajasthan combined, he noted. Investment in states during the quarter April to June 2024: Maharashtra ranked first with (Rs 70,795 crore), followed by Karnataka (Rs 19,059 crore), Delhi (Rs 10,788 crore), Telangana (Rs 9,023 crore), Gujarat (Rs 8,508 crore), Tamil Nadu (Rs 8,325 crore), Haryana (Rs 5,818 crore), Uttar Pradesh (Rs 370 crore), and Rajasthan (Rs 311 crore), Fadnavis added.