Data shows that the FDI received by the state during the financial year 2023-24 is more than double the total investment received by Gujarat (Rs 60,119 crore) and Karnataka (Rs 54,427 crore). (Express File)
Maharashtra has attracted the highest foreign direct investment for the second consecutive year in 2023-24. The state emerged on top in attracting FDI in 2022-23 too.
As per the data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on May 30, Maharashtra received FDI amounting to Rs 1,25,101 crore in 2023-24. While it is higher than any other state, it is also higher than Rs 1,18,422 crore that the state received in 2022-23.
Data shows that the FDI received by the state during the financial year 2023-24 is more than double the total investment received by Gujarat (Rs 60,119 crore) and Karnataka (Rs 54,427 crore).
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The state received more FDI than the combined sum of second-ranked Gujarat and third-ranked Karnataka. While Gujarat witnessed a 62 per cent jump in FDI over the previous year, an amount of Rs 37,059 crore and occupied the second spot, FDI in Karnataka declined from Rs 83,628 crore in 2022-23 to Rs 54,427 crore in 2023-24 and slipped to the third spot.
In a post on X, Deputy Chief Minister Devendra Fadnavis said that Maharashtra, which lagged behind in attracting investment during the MVA tenure, has once again ranked first for last two consecutive years.
He said, “I congratulate the people of Maharashtra. It is heartening to note that Maharashtra has once again retained its leadership in attracting highest FDI.”
Pointing to the efforts taken by the Mahayuti government, Fadnavis said, “We don’t speak. We work. It takes courage to walk the talk. Just mindless blabbering is of no use,” he said.
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In the past, the Opposition leaders have been attacking Mahayuti led by Chief Minister Eknath Shinde for failing to attract investors.
Shiv Sena (UBT) leader Uddhav Thackeray had in the last two years charged the BJP central leadership led by Prime Minister Narendra Modi and Union Home Minister Amit Shah for favouring Gujarat over Maharashtra.
Thackeray had alleged how mega projects were relocated from Maharashtra to Gujarat because of Modi- Shah.
Similar charge was made by Congress chief Nana Patole who felt, “Maharashtra was getting raw deal in Modi regime”.
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The MVA leaders had held Shinde government responsible for failing to get investors. Drawing attention to the DPIIT report, Fadnavis strongly countered the Opposition charges and termed it baseless.
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