Maharashtra Tops FDI Inflows in 2024-25 Worth INR 1.39 Lakh Crore, Sets Decade-High Record

Maharashtra has recorded its highest foreign direct investment (FDI) in the past decade. In the first nine months of the fiscal year 2024–25, the state received INR 1,39,434 crore in FDI. Chief Minister Devendra Fadnavis shared this data on Friday, March 7, citing the Department for Promotion of Industry and Internal Trade (DPIIT).

Maharashtra has outperformed all competing states, including Gujarat, Delhi, Tamil Nadu, Haryana, and Karnataka. Between October 2019 and December 2024, the country’s total FDI equity inflow was INR 6,71,863 crore. Maharashtra accounted for 31% of this total.

गेल्या 10 वर्षांतील विक्रमी परकीय गुंतवणूक
महाराष्ट्रात आली केवळ 9 महिन्यात !

केंद्र सरकारच्या डीपीआयआयटीने परकीय गुंतवणुकीचा डिसेंबर 2024 अखेरचा अहवाल जाहीर केला असून, गेल्या 10 वर्षांतील सर्वाधिक वार्षिक परकीय गुंतवणूक ही अवघ्या 9 महिन्यात महाराष्ट्राने प्राप्त केली आहे.… pic.twitter.com/wPkpWvY4yU

— Devendra Fadnavis (@Dev_Fadnavis) March 7, 2025

The Chief Minister called this a historic achievement, noting that the state surpassed its own record from 2016–17. Governor C.P. Radhakrishnan recently addressed the Assembly, talking about Maharashtra’s strong economic position. He stated that the state contributes over 14% to India’s GDP and remains one of the most industrialised regions.

In January 2025, the government signed Memorandums of Understanding (MoUs) with 63 domestic and foreign companies at the World Economic Forum in Davos. These agreements amount to INR 15.72 lakh crore in investments. The projects are expected to create over 15 lakh job opportunities.

The Maharashtra government is also implementing policies to attract more investments. It plans to allocate INR 5,000 crore in investment promotion subsidies to various companies. Last year, new legislation was introduced to simplify the investment process. 

The government is also making sure that approvals are given quickly. It is also making a smooth business environment through a single-window system.

With one quarter still left in the fiscal year, Maharashtra’s FDI inflow may increase further. The Chief Minister has assured that the state government will continue working to strengthen the economy. He credited Deputy Chief Ministers Ajit Pawar and Eknath Shinde, along with the entire cabinet, for their efforts in achieving this milestone.