Maha, K’taka get 51% of FDI

New Delhi: Maharashtra and Karnataka accounted for 51% of the foreign direct investment (FDI) inflows into the country during the last financial year 2024-25, according to the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT).

Maharashtra attracted maximum foreign inflows at $19.6 billion and accounted for 31% of the country’s total FDI during April-March 2024-25. Karnataka received $6.62 billion overseas investments during the last fiscal year, the data showed.

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

Total FDI, which includes equity inflows, reinvested earnings and other capital, grew 14 per cent to $81.04 billion during the last financial year. It is the highest in the last three years. The same stood at $71.3 billion in 2023-24.