Nagpur, Sep 6 (IANS) Maharashtra has topped in attracting the highest Foreign Direct Investment (FDI) during the first quarter of the current financial year 2024-2025.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), Maharashtra continues to maintain a number one slot among other states as it has received the FDI of Rs 70,795 crore in the first quarter of April to June 2024-25.
The neighbouring Karnataka ranked second by attracting investment worth Rs 19,059 crore, Delhi third with Rs 10,788 crore, Telangana fourth with Rs 9,023 crore, Gujarat fifth with Rs 8,508 crore, Tamil Nadu sixth with Rs 5,818 crore, Uttar Pradesh eighth with Rs 370 crore and Rajasthan ninth with Rs 311 crore.
Deputy Chief Minister Devendra Fadnavis posted on social media platform X on Friday: “Congratulations Maharashtra! Very happy news!! 52.46 per cent of the total investment in the country. Foreign investment only in Maharashtra !!!”
He said the investment attracted by Maharashtra was the highest and much more than the other states.
“In short, the total investment in the country during this quarter is Rs 1,34,959 crore, of which Rs 70,795 crore or 52.46 per cent alone is reported in Maharashtra,” said Fadnavis.
The BJP leader said that Maharashtra had received Rs 12,35,101 crore FDI in 2023-24, more than that of Gujarat and more than Gujarat plus Karnataka combined. Further, Maharashtra had attracted FDI worth Rs 1,18,422 crore in 2022-23 more than Karnataka, Delhi and Gujarat combined.
He said that during the BJP-led government, under his chief ministership from 2014 to 2019, a total of Rs 3,62,161 crore of foreign investment came to Maharashtra.
“On the very first day (June 30, 2023), we had said that we (MahaYuti) would complete the work of a five-year term in two-and-a-half years. Now, in two-and-a-half years we have brought an investment of Rs 3,14,318 crore. Q2 figures are still to come,” he said.
The DPIIT’s data has come as a major relief to the MahaYuti government especially when the Maha Vikas Aghadi has been stepping up attacks against it for the flight of capital and investments to Gujarat and other states during its rule.
The trigger for MVA’s criticism was the loss of Rs 1.80 lakh crore Vedanta-Foxconn project, Tata Airbus manufacturing plant, GAIL’s 1.5 million tonnes per annum ethane cracking unit at Sehore, Madhya Pradesh with an investment of Rs 50,000 crore to other states.
–IANS
sj/svn
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
