logo
5-yr cumulative FDI into Gujarat crosses 3.4L cr

5-yr cumulative FDI into Gujarat crosses 3.4L cr

Time of India5 days ago
Ahmedabad: Gujarat's cumulative foreign direct investment (FDI) inflows since Oct 2019 crossed Rs 3.47 lakh crore, cementing the state's position as India's third-largest FDI recipient after Maharashtra and Karnataka, according to the latest data released by the department for promotion of industry and internal trade (DPIIT).
However, fresh FDI inflows into the state declined sharply in FY 2024–25. Gujarat attracted Rs 47,947 crore in new investments during the year — a 21% drop from Rs 60,600 crore in FY24. The fresh inflow figures are computed based on the difference between annual cumulative figures. The dip comes after two consecutive years of strong post-pandemic recovery, where fresh inflows jumped 84% and 63% respectively. Industry experts are clear that the inflows continued, just the growth slowed, and that is largely attributed to geopolitical factors.
Govt officials and industry observers attributed the drop in FY25 inflows to delayed project clearances, cautious investor sentiment globally, and political transitions in key economies.
You Can Also Check:
Ahmedabad AQI
|
Weather in Ahmedabad
|
Bank Holidays in Ahmedabad
|
Public Holidays in Ahmedabad
"The decline in fresh FDI inflows is largely due to global uncertainties: from geopolitical tensions and ongoing wars to economic realignments in key economies. Every major market is navigating its own set of challenges, which naturally slowed decision-making for foreign investors.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
5 Books Warren Buffett Wants You To Read in 2025
Blinkist: Warren Buffett's Reading List
Undo
That said, year-on-year comparisons can be misleading. Investment efforts often span multiple years, and when viewed over a three-year horizon, Gujarat's FDI growth remains robust," said Pathik Patwari, president of the Indian Chamber of Commerce (ICC), Gujarat chapter.
From Oct 2019 to March 2025, Gujarat's total FDI inflows reached Rs 3.47 lakh crore. This includes major investments across semiconductors, green energy, chemicals, and financial services.
The state's industrial base, policy continuity, and port-led logistics continue to drive investor interest despite near-term volatility.
Maharashtra and Karnataka lead the cumulative rankings with Rs 6.9 lakh crore and Rs 4.5 lakh crore respectively. Gujarat accounts for about 16.5% of India's total FDI inflows in this period.
While global economic headwinds led to a general softening of fresh FDI across several Indian states, Gujarat is expected to stay competitive due to its early-mover advantage in emerging sectors such as semiconductors and green hydrogen.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Parandur airport project likely to be delayed by a year, land acquisition poses a challenge
Parandur airport project likely to be delayed by a year, land acquisition poses a challenge

The Hindu

time28 minutes ago

  • The Hindu

Parandur airport project likely to be delayed by a year, land acquisition poses a challenge

Chennai's second airport at Parandur may be delayed by a year. Sources said, land acquisition poses a major challenge and is one of the primary reasons for the delay of the project. 'The plan was to float the tender shortly. But we need to have a substantial amount of land in possession to go ahead with the tender. Since Ekanapuram residents are not participating, and the runway itself is coming up there, land acquisition is going to be delayed significantly and as a result, tenders too cannot be floated now,' a source said. Though the Tamil Nadu government commenced the land acquisition recently and some people came forward to hand over their land parcels for the project, a massive portion still remains to come in possession of the government. Originally, the Tamil Nadu government estimate was to complete the land acquisition by October 2025 and start the groundwork for the project by January 2026. This way, phase I will be finished by December 2028. But now, if tenders itself are going to be floated only next year, then the project completion date will be pushed by a year to December 2029 or early 2030. It is to be noted that the Steering Committee's meeting for obtaining the Environmental Clearance is slated to be held by the end of this year and they already had the Tamil Nadu government to provide for a series of reports before that. But sources said, Environment Clearance too may come through only next year. One source indicated that more ground-level data is needed to complete the study required to be submitted to the Steering Committee for Environment Clearance. And this can be done only if the consultant is able to enter Ekanapuram and collect the data. Another source said, the State government is chalking out plans on how to carry out the measures to preserve the water bodies as recommended by the Water Resources Department and also the Hydrogeological Report. For the Parandur airport project whose cost is Rs 27,400 crore for all four phases, the State government will need 5,369 acres in about 20 villages in Kancheepuram and Sriperumbudur.

Mutton back on J&K tables after traders call off strike over Punjab ‘extortion'
Mutton back on J&K tables after traders call off strike over Punjab ‘extortion'

Time of India

time41 minutes ago

  • Time of India

Mutton back on J&K tables after traders call off strike over Punjab ‘extortion'

SRINAGAR: A week-old mutton crisis in J&K ended Saturday after dealers called off a strike against alleged harassment and 'extortion' at checkpoints in neighbouring Punjab for carrying livestock from other states. Tired of too many ads? go ad free now The decision came after talks between officials of J&K's food and supplies department and their counterparts in Punjab, who had denied any extortion but insisted on valid papers for transporting cattle. 'Punjab govt agreed to appoint nodal officers to ensure vehicles transporting livestock from other states do not face problems. These officers will remain in constant coordination with J&K authorities,' Nasir Aslam Wani, political adviser to CM Omar Abdullah, told TOI. J&K authorities pointed out that the mutton dealers were accused of violating Punjab Cattle Fairs (Regulation) Act for livestock they were importing from Rajasthan and Delhi. But Wani contended that the law did not apply to J&K traders since they were not procuring livestock from Punjab. 'They cannot charge us for livestock in transit,' Wani said. Mehrajuddin Ganai, general secretary of Kashmir Mutton Dealers Association, said 'our vehicles carrying sheep from Rajasthan, Delhi and other regions were routinely stopped at Shambu and Madhopur checkpoints in Punjab'. 'Truckers were forced to pay bribes and halt. Long delays caused many animals to die due to heat and stress.' According to Mehrajuddin, the association had met CM Omar and food minister Satish Sharma several times in the past few days, following which J&K's team went to Punjab for talks. On Friday, Punjab's rural development and panchayats department issued an order appointing nodal officers to verify documents related to purchase and transport of animals from other states. Tired of too many ads? go ad free now The order directs 'installation of boards at each checkpoint displaying the names and contact numbers of the nodal officers'. Amardeep Singh Gujral, joint director in Punjab's rural development department, asserted that 'there was no extortion taking place'. 'Vehicles carrying livestock with valid govt slips will not be charged. The issue has been sorted out,' Gujral said. J&K's mutton dealers expressed cautious optimism. 'Now that Punjab govt has issued an order, we have decided to resume supplies. But we will review the situation after a week. If we face the same problems again, we will reconsider our decision,' Mehrajuddin said. The strike had disrupted Kashmir's multi-crore mutton trade. According to official data, J&K consumes 60,000 tonnes of mutton annually, with residents spending an estimated Rs 3,900 crore each year. More than half of the supplies -- around 35,000 tonnes -- is sourced from outside J&K, mostly from Rajasthan and Delhi. Mutton consumption is the highest in the Valley, where demand peaks during marriage and festival seasons and it makes uninterrupted supply critical.

'US Tariffs Will Hurt Andhra Aqua Farmers, We Will Help Them': Chandrababu Naidu
'US Tariffs Will Hurt Andhra Aqua Farmers, We Will Help Them': Chandrababu Naidu

NDTV

timean hour ago

  • NDTV

'US Tariffs Will Hurt Andhra Aqua Farmers, We Will Help Them': Chandrababu Naidu

Hyderabad: Andhra Pradesh is exploring options to ensure the fallout of the US imposing 25 per cent tariffs on India does not affect the state's aqua farmers, Chief Minister Chandrababu Naidu said on Saturday. Addressing farmers for the first time since US President Donald Trump announced the tariff hike, Mr Naidu in his first comment on the US tariff hike said the state government is supporting aqua farmers by giving them electricity at 1.50 paise per unit. "The increase in tariffs in America will burden the aqua farmers in the state," he said. "We have taken note of the matter and we will discuss it with farmers in a day or two. Then we will make an action plan." The chief minister said fishermen were given Rs 10,000 earlier. "But now we will give Rs 20,000 each. We have given financial aid to 1.30 lakh people under the Matsyakarula Sevalo," he added. Prime Minister Narendra Modi has also said the welfare of farmers, small industries and young people remains the government's "top priority" as the country stays on track to become the world's third-largest economy. At an event in Uttar Pradesh's Varanasi, his Lok Sabha constituency, the prime minister reaffirmed the resilience of the Indian economy amid turbulence triggered by the US tariff hike, saying India must remain vigilant about its economic interests and adopt "swadeshi (indigenous)" products. "There is an atmosphere of global instability. All countries are focusing on their individual interests. India is going to become the third biggest economy in the world and this is why India will have to stay alert as far as its economic interests are concerned," PM Modi said. Apart from the tariffs, Mr Trump announced a penalty on India for buying Russian oil.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store