Top 10 Indian states and UTs by foreign direct investment (FDI) inflows in 2024-25
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India’s Foreign Direct Investment (FDI) inflows reached USD 81.04 billion in FY 2024–25, marking a 14% increase from USD 71.28 billion in FY 2023–24.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), Maharashtra, Karnataka, and Delhi emerged as the top three FDI destinations in India.
Key Data – FDI Inflows (FY 2024–25)
| Rank | State / UT | FDI Inflows (₹ Crore) | FDI Inflows (USD Million) | Share (%) |
|---|---|---|---|---|
| 1 | Maharashtra | 1,64,875 | 19,589 | 39% |
| 2 | Karnataka | 56,030 | 6,619 | 13% |
| 3 | Delhi (NCT) | 51,540 | 6,091 | 12% |
| 4 | Gujarat | 47,947 | 5,711 | 10% |
| 5 | Tamil Nadu | 31,103 | 3,681 | 6% |
| 6 | Haryana | 26,600 | 3,147 | 4% |
| 7 | Telangana | 25,351 | 2,994 | 4% |
| 8 | Rajasthan | 3,170 | 374 | <1% |
| 9 | Uttar Pradesh | 3,700 | 436 | <1% |
| 10 | Jharkhand | 61 | 7 | <1% |
India’s FDI Trends (Macro View)
- Total FDI (FY 2024–25): USD 81.04 billion
- Growth: ↑ 14% from previous fiscal
- Cumulative FDI (2014–25): USD 748.78 billion
- Increase over 2003–14 period: 143% (from USD 308.38 billion)
- Share in total 25-year FDI (2000–25): ~70% of USD 1,072.36 billion
- Number of FDI source countries: Increased from 89 (2013–14) to 112 (2024–25)
Top FDI Source Countries (FY 2024–25)
- Singapore – 30%
- Mauritius – 17%
- United States – 11%
Key Factors Driving FDI in Top States
- Maharashtra: Financial hub (Mumbai), robust industrial base, logistics, and IT infrastructure.
- Karnataka: Bengaluru’s dominance in IT, startups, electronics, and R&D.
- Delhi (NCR): Strategic location, service sector dominance, business ecosystem.
- Gujarat: Industrial corridors, SEZs, proactive policies.
- Tamil Nadu: Strong manufacturing and automobile sector.
- Telangana & Haryana: Growing IT and electronics sectors.
Government Initiatives Supporting FDI
- Make in India
- Production Linked Incentive (PLI) Scheme
- National Single Window System (NSWS)
- Ease of Doing Business reforms
- FDI policy liberalization in defense, retail, and insurance sectors
Significance
- Reinforces India’s position as a global investment hub.
- Demonstrates diversification of source countries and investment destinations.
- Strengthens India’s manufacturing, service, and digital economy.
- Contributes to employment generation and technology transfer.
Updated: August 20, 2025 02:02 PM | Indian Express
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