X: @vivekbhavsar
Mumbai: Maharashtra continues to solidify its position as India’s top investment hub, with the state recording unprecedented levels of Foreign Direct Investment (FDI) inflow. Chief Minister Devendra Fadnavis, in a post on social media platform X, proudly announced that Maharashtra has surpassed the annual average of 95 percent FDI inflow in just the past six months.
“Maharashtra will not stop now! The annual average 95 percent FDI inflow has been surpassed in just the last six months. Yet again I am happy to announce that Maharashtra has been consistently in the forefront in attracting Foreign Direct Investment (FDI),” remarked Fadnavis.
Record-Breaking FDI Figures
The recently released national data for the second quarter of the 2024-25 fiscal year highlights Maharashtra’s economic resilience and appeal to global investors. In the last six months alone, the state has attracted FDI worth Rs. 1,13,236 crores. For comparison, the average FDI inflow over the past four years has been around Rs. 1,19,556 crores per year.
“This means that of the annual average, 94.71 percent investment has come in just the last six months alone. I thank the people of Maharashtra once again,” Fadnavis added.
Maharashtra Surpasses Karnataka and Gujarat
Maharashtra’s impressive FDI growth has outpaced states like Karnataka and Gujarat, which have been strong competitors in attracting global capital. Maharashtra’s diversified economic base, investor-friendly policies, and robust infrastructure development have driven this success.
Key Factors Driving Maharashtra’s FDI Surge
1. Massive Infrastructure Projects:
Major initiatives such as the Mumbai Trans Harbour Link (MTHL), Navi Mumbai International Airport, and Samruddhi Mahamarg Expressway are key investment magnets.
2. Policy Incentives and Reforms:
Maharashtra’s focus on ease of doing business, tax incentives, and rapid project approvals continues to attract global corporations.
3. Industrial Growth Across Sectors:
Regions like Pune, Aurangabad, and Nashik have emerged as industrial hubs, supporting growth in automotive, pharmaceuticals, and logistics sectors.
4. Financial and IT Capital:
Mumbai’s status as India’s financial capital and its expanding IT ecosystem have been crucial in attracting multinational investors.
Davos Investment Summit – High Expectations
With the Davos World Economic Forum (WEF) Investment Summit scheduled for January 20, the Maharashtra delegation, led by CM Fadnavis, is expected to pitch the state as the gateway to India’s growth story. Maharashtra will present its five-year infrastructure and industrial roadmap aimed at securing investments in emerging sectors like Renewable Energy and Green Hydrogen, Electric Vehicles (EV) and Battery Manufacturing, Digital Infrastructure and Smart Cities and Pharmaceuticals and Biotechnology
Government officials have indicated that Maharashtra aims to attract $10 billion in FDI pledges from the summit. Key meetings with leaders from the Gulf Cooperation Council (GCC), European Union (EU), and Southeast Asia are planned to position Maharashtra as a preferred destination for global manufacturing and technology investments.
“We expect several big-ticket investments to materialise post-Davos. Maharashtra’s economic future is aligned with sustainable development and next-generation technologies,” Fadnavis stated.
Strengthening Maharashtra’s Global Image
The Davos summit will also see the unveiling of Maharashtra’s “Invest Maharashtra 2025” campaign, which will emphasise the state’s strengths in skilled workforce, innovation ecosystems, and policy stability. Maharashtra is positioning itself not just as India’s top state for FDI but as a global economic hub capable of leading Asia’s industrial transformation.
With investor confidence at an all-time high, Maharashtra’s participation in the Davos summit is anticipated to secure long-term partnerships that will further boost the state’s economic dominance.
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