Gandhinagar: Govt said on Thursday that Gujarat received an FDI (foreign direct investment) inflow of $57.65 billion between April 2014 and Sep 2024, which accounts for 86% of the total FDI inflow of $67.16 billion in the state over the last 24 years.
An official statement said that between April 2014 and Sep 2024, Gujarat attracted 11.7% of the total FDI inflow of $492.27 billion in the country during this period.
In the first half of FY 2024-25, Gujarat’s FDI inflow was $3.95 billion, marking a 72.5% growth compared to $2.29 billion in first half of FY 2023-24, the statement added.
This growth is significantly higher than the national FDI growth rate of 45.4% during the same period, cementing Gujarat’s role as a major driving force behind India’s economic progress.
The statement said that the FDI inflow of $57.65 billion between April 2014 and Sep 2024.
Is a big leap compared to the $9.51 billion inflow during the earlier period from April 2000 to March 2014.
The statement claimed that Gujarat’s success story is built on a robust policy framework, world-class infrastructure, and commitment to ease of doing business.
Initiatives like the Vibrant Gujarat Global Summit have been instrumental in attracting investors from diverse sectors, including renewable energy, semiconductors, electronics, and IT/ITeS, the statement added.