Maharashtra Attracts ₹1.64 Lakh Crore In FDI, Counters Critics Of Industrial Exodus: CM Devendra Fadnavis

Mumbai: Amid ongoing criticism that industries are shifting out of Maharashtra, Chief Minister Devendra Fadnavis on Thursday countered the narrative with data highlighting the state’s top position in attracting foreign investment. Taking to social media, Fadnavis revealed that Maharashtra accounted for 40% of all foreign direct investment (FDI) received by India over the past year.

He also noted that the state saw a 32% rise in FDI compared to the previous year. The figures aim to silence critics of the Mahayuti government, who have raised concerns about the state’s industrial competitiveness. Fadnavis emphasized that Maharashtra remains the country’s most preferred destination for global investors.

According to the latest figures for the fourth quarter of FY 2024–25 (January to March 2025), Maharashtra attracted a total of ₹1,64,875 crore in foreign direct investment (FDI) over the year accounting for a remarkable 40% of the₹4,21,929 crore FDI received by India as a whole.

Chief Minister Devendra Fadnavis highlighted the achievement, stating, “This year, Maharashtra saw a 32% increase in FDI compared to last year. In the final quarter alone, the state received ₹25,441 crore in foreign investment. This has been a record-breaking year for Maharashtra in the last decade—and we had already surpassed previous records in just the first nine months.”

Fadnavis congratulated the people of Maharashtra for the milestone and credited the leadership of Deputy Chief Ministers Eknath Shinde and Ajit Pawar, along with the state cabinet, for ensuring the state’s continued momentum in attracting global investment.