Maharashtra Tops India in Q1 Foreign Investment with Rs 70,795 Crores

In a remarkable display of economic prowess, Maharashtra has once again proven its dominance as the top destination for foreign investment in India. According to recent data, Maharashtra has attracted a staggering 52.46 percent of the total foreign investment in the country for the first quarter of the financial year 2024-2025. From April to June 2024, the state received a remarkable ₹70,795 crore in foreign investments, outpacing all other Indian states by a significant margin.

This impressive figure underscores Maharashtra's continued leadership in attracting foreign capital. In comparison, Karnataka, which secured the second spot, received ₹19,059 crore, while Delhi ranked third with ₹10,788 crore. Telangana and Gujarat followed with ₹9,023 crore and ₹8,508 crore respectively, and Tamil Nadu, Haryana, Uttar Pradesh, and Rajasthan rounded out the top ten with investments ranging from ₹8,325 crore to ₹311 crore. Despite this substantial investment across various states, Maharashtra’s figure alone surpasses the combined total of these other states.

In recent years, Maharashtra has consistently been a leader in foreign investment. In the financial year 2022-23, the state attracted ₹1,18,422 crore, exceeding the combined investments of Karnataka, Delhi, and Gujarat. The following year, 2023-24, saw an even greater influx with ₹1,25,101 crore, more than twice the amount Gujarat received and exceeding the combined total of Gujarat and Karnataka.

Since 2014, Maharashtra has been a magnet for foreign investment, amassing a total of ₹3,62,161 crore from 2014 to 2019. In a testament to its accelerated growth, the state has already attracted ₹3,14,318 crore in just two and a half years under the current administration, highlighting its ongoing success and commitment to economic development.

As Maharashtra continues to lead the nation in attracting foreign investment, the anticipation for the upcoming Q2 figures remains high, promising further insights into the state's dynamic economic landscape.