Maharashtra and the National Capital Region (NCR) accounted for over half the foreign direct investment (FDI) inflows into the country during April-August this financial year, according to the latest data of the commerce and industry ministry.
Maharashtra attracted the highest FDI, at $2.43 billion (Rs 11,154 crore), accounting for 35 per cent of the inflow in the country, during the first 5 months of the current financial year.
NCR, including parts of Uttar Pradesh and Haryana, on the other hand, received $1.85 billion (Rs 8,476 crore) in FDI during the period. The region accounted for 20 per cent of the total FDI.
During April-August, India received $8.88 billion in FDI, the data said.
According to an expert, the main reasons for most of the inflows in Maharashtra and NCR are substantial improvements in infrastructure and proactive approach of the governments concerned.
