Maharashtra has topped in attracting the best International Direct Funding (FDI) throughout the first quarter of the present monetary 12 months 2024-2025.
In line with the Division for Promotion of Trade and Inner Commerce (DPIIT), Maharashtra continues to keep up a primary slot amongst different states because it has obtained the FDI of Rs 70,795 crore within the first quarter of April to June 2024-25.
The neighbouring Karnataka ranked second by attracting funding price 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 blissful information!! 52.46 per cent of the overall funding within the nation. International funding solely in Maharashtra !!!”
He mentioned the funding attracted by Maharashtra was the best and far more than the opposite states.
“In brief, the overall funding within the nation throughout this quarter is Rs 1,34,959 crore, of which Rs 70,795 crore or 52.46 per cent alone is reported in Maharashtra,” mentioned Fadnavis.
The BJP chief mentioned that Maharashtra had obtained Rs 12,35,101 crore FDI in 2023-24, greater than that of Gujarat and greater than Gujarat plus Karnataka mixed. Additional, Maharashtra had attracted FDI price Rs 1,18,422 crore in 2022-23 greater than Karnataka, Delhi and Gujarat mixed.
He mentioned that throughout the BJP-led authorities, beneath his chief ministership from 2014 to 2019, a complete of Rs 3,62,161 crore of international funding got here to Maharashtra.
“On the very first day (June 30, 2023), we had mentioned that we (MahaYuti) would full the work of a five-year time period in two-and-a-half years. Now, in two-and-a-half years we’ve got introduced an funding of Rs 3,14,318 crore. Q2 figures are nonetheless to come back,” he mentioned.
The DPIIT’s information has come as a significant reduction to the MahaYuti authorities particularly when the Maha Vikas Aghadi has been stepping up assaults in opposition to it for the flight of capital and investments to Gujarat and different states throughout its rule.
The set off for MVA’s criticism was the lack of Rs 1.80 lakh crore Vedanta-Foxconn venture, Tata Airbus manufacturing plant, GAIL’s 1.5 million tonnes each year ethane cracking unit at Sehore, Madhya Pradesh with an funding of Rs 50,000 crore to different states.
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