Maharashtra, Karnataka attract 51 pc of FDI inflows in FY25: Government data

Maharashtra and Karnataka accounted for 51 per cent of the foreign direct investment (FDI) inflows into the country during the FY25, according to the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT).

Maharashtra pulled in maximum foreign inflows with $19.6 billion and accounted for 31 per cent of the country's total FDI during the previous financial year.

On the other hand, Karnataka received $6.62 billion overseas investments during the last fiscal year, the data showed.

The two states were followed by Delhi (USD 6 billion), Gujarat (USD 5.71 billion), Tamil Nadu (USD 3.68 billion), Haryana (USD 3.14 billion), and Telangana (USD 3 billion).

They key reason for the higher inflows in Maharashtra and Karnataka is improvement in infrastructure, according to experts.

Infrastructure has improved considerably and that is making them attractive destinations for FDI in India, an economist told PTI.

Total FDI, including equity inflows, reinvested earnings and other capital, grew 14 per cent to $81.04 billion during the last financial year, the highest in last three years. In FY24, the FDI stood at $71.3 billion.