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Key Points

Maharashtra has impressively attracted 40% of the nation's foreign investments in 2024-25, with Chief Minister Devendra Fadnavis celebrating this milestone. The state drew Rs 1,64,875 crore in investments, marking a 32% increase from the previous year and setting a record high unseen in the past decade. This accomplishment bolsters Maharashtra’s ambition to become a $1 trillion economy by 2030. Deputy Chief Minister Ajit Pawar emphasized the growing employment and industry opportunities as a result of these investments.

Key Points: Maharashtra Surpasses Investment Records with 40% National Share

  • Maharashtra attracts 40% of India’s foreign investments
  • Rs 1,64,875 crore invested in 2024-25
  • Devendra Fadnavis lauds economic milestone
  • State enacts new policies for industry growth
3 min read

Maharashtra attracts 40 per cent of country's total investment in 2024-25

Maharashtra attracts Rs 1,64,875 crore foreign investment, claims 40% of India's total share in 2024-25.

"This year has set a record for Maharashtra, surpassing the past 10 years. - Devendra Fadnavis"

Mumbai, May 30

Maharashtra, under the Mahayuti government, has consolidated its position as India's investment magnet by attracting foreign investment worth Rs 1,64,875 crore in 2024-25, which accounts for 40 per cent of the total investment received by the country this year.

According to the state government, Maharashtra continues to be the most favoured investment destination due to a business-friendly environment, dedicated sectoral facilities and availability of the highest employable workforce (70 per cent).

Chief Minister Devendra Fadnavis said, "I am extremely delighted to share that the figures for the last quarter (January to March 2025) of the financial year 2024-25 have now been released, and for the entire year, Maharashtra has attracted foreign investment worth Rs 1,64,875 crore. This accounts for 40 per cent of the total investment received by the country this year. The total investment in the country this year amounts to Rs 4,21,929 crore."

"Compared to last year, Maharashtra has seen a 32 per cent increase in investment this year. In this final quarter, Maharashtra attracted Rs 25,441 crore in foreign investment. This year has set a record for Maharashtra, surpassing the past 10 years. We had already broken this record in the first nine months. I wholeheartedly congratulate the people of Maharashtra," CM Fadnavis said.

Retaining the number one slot has come as a shot in the arm for the Maharashtra government as it has an ambitious target of becoming a $1 trillion economy by 2030 and $5 trillion by 2047. The state economy has already crossed the $500 billion mark.

The Industry Department sources said Maharashtra has formulated industry and sector-specific policies and consistently updates its incentives and offerings to align with the evolving global economic dynamics and business scenarios.

"Maharashtra continues to lead the way as a top investment destination in India. The Retail Trade Policy 2016, Maharashtra Electronics Policy 2016, Aerospace and Defence Policy 2018, and Industrial Policy 2019 are under the government's active consideration for review to keep pace with the changing investment scenario. In addition, the government proposes to come up with the Circular Economy Policy, MSME Policy, and Leather and Footwear Policy. The state has crossed $500 billion in GDP, surpassing the GDP of several countries like Singapore and Austria, as well as Indian states like Tamil Nadu and Karnataka," the sources added.

Further, the government has enacted 'The Maharashtra Industry, Trade and Investment Facilitation Act' on July 3, 2023, to create a strong, healthy and effective ecosystem for industrial development and further boost the investments in the state.

The Maharashtra Industry, Trade and Investment Facilitation (MATRI) cell aims to serve as the first point of reference for potential investors coming to the state.

Deputy Chief Minister and Finance Minister Ajit Pawar asserted that the record-breaking investment is not merely a matter of rising financial numbers, but proof of the global trust in Maharashtra.

"Now, as investment has increased, employment opportunities will also grow, new industries will be established, while further opening up new opportunities," he said.

- IANS

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Reader Comments

R
Rajesh K.
Maharashtra continues to prove why it's the economic powerhouse of India! 🚀 These numbers are impressive, but I hope the benefits reach all sections of society, especially rural areas. The $1 trillion target seems achievable if this momentum continues.
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Priya M.
As someone from Pune's IT sector, I've seen firsthand how Maharashtra's policies attract companies. But the government must ensure infrastructure keeps pace - our roads and public transport need massive upgrades to handle this growth.
A
Amit S.
Great news for Maharashtra! But other states need to learn from this model. Why can't we replicate this success in Bihar or UP? India grows when all states grow together. The central government should facilitate knowledge sharing between states.
S
Sunita R.
While the numbers look good, I'm concerned about environmental impact. Mumbai's air quality is already terrible. More industries mean more pollution unless strict regulations are enforced. Development shouldn't come at the cost of public health.
V
Vikram J.
Maharashtra zindabad! 😊 This is why Mumbai will always be India's financial capital. The policies seem to be working well, especially the focus on sector-specific approaches. Hope to see more manufacturing investments beyond just Mumbai-Pune belt.
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Neha P.
As a small business owner in Nagpur, I appreciate the MSME policy focus mentioned in the article. But ground reality is different - getting approvals still takes too long. The MATRI cell sounds promising, hope it actually simplifies processes for local entrepreneurs.

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