Foreign Direct Investment dips in Karnataka, other states see rise

Business Image credits: Freepik

Foreign Direct Investment decreases in Karnataka

Karnataka, once a top choice for foreign investors, saw a significant decline in FDI in 2023-24, while other states reported growth. Image credits: Freepik

Karnataka's FDI slump

FDI in Karnataka dropped from $10.42 billion (Rs. 86,000 crores) in 2022-23 to $6.57 billion (Rs. 54,000 crores) in 2023-24. Image credits: Freepik

Maharashtra's FDI Growth

Maharashtra's foreign investment increased from $14.8 billion (Rs. 1.23 lakh crore) in 2022-23 to $15.1 billion (Rs. 1.25 lakh crore) in 2023-24. Image credits: Freepik

Gujarat attracts more FDI

Gujarat saw its FDI rise from $4.7 billion (Rs. 39,000 crores) in 2022-23 to $7.3 billion (Rs. 60,000 crores) in 2023-24. Image credits: Freepik

Increased investments at Tamil Nadu, Telangana and Jharkhand

FDI inflows grew in Tamil Nadu, Telangana, and Jharkhand, highlighting their increasing appeal to foreign investors. Image credits: Adobe Stock

FDI declines in some states

Delhi, Rajasthan, Uttar Pradesh, and Haryana experienced a decrease in foreign investments in 2023-24. Image credits: Adobe Stock

Nationwide FDI drop

India's overall FDI fell by 3.49%, from $46.03 billion (Rs. 3.83 lakh crore) in 2022-23 to $44.42 billion (Rs. 3.6 lakh crore) in 2023-24. Image credits: Freepik

Record FDI 2021-22

The 2021-22 fiscal year saw an all-time high in FDI with $84.83 billion (Rs. 7 lakh crore) flowing into the country. Image credits: Unsplash Find Next One