Maharashtra, NCR attract 49% of total FDI in India

Maharashtra and the National Capital Region (NCR) have cornered 49 per cent of the total foreign direct investment inflows into the country since April 2000, according to Commerce and Industry Ministry data.

Maharashtra attracted maximum foreign inflows at $70.41 billion, about 30 per cent of total foreign direct investment (FDI) inflows during April 2000 - November 2014.

The National Capital Region (NCR) including parts of Uttar Pradesh and Haryana, received $45.77 billion foreign direct investment during the period.

NCR accounted for 19 per cent of the country's total FDI.

During the period, India received $236.46 billion foreign inflows, according to the data.

Significant improvement in the overall infrastructure and pro-active approach of the respective governments in Maharashtra and NCR has helped in attracting significant foreign inflows, an official said. Tamil Nadu attracted the third highest FDI inflows worth $15.80 billion during the period, followed by Karnataka ($14.17 billion), Gujarat ($10.18 billion), Andhra Pradesh ($9.72 billion) and West Bengal (2.88 billion).

Sectors, which attracted maximum FDI include services, telecommunications, metallurgical industries, power, computer hardware and software, and construction activities.

Country-wise, the highest FDI of USD 83.73 billion came from Mauritius, followed by Singapore ($29.19 billion), the UK ($21.76 billion), Japan ($17.55 billion) and the US ($13.28 billion) during April 2000 - November 2014 period.

The government is making sustained efforts to make the FDI policy regime more attractive and investor friendly with a view to attract investments from all major investing nations.