Wed Dec 04 04:56:54 UTC 2024: ## Karnataka Attracts $3.54 Billion in FDI in First Half of Fiscal 2025
**Bengaluru, December 4, 2024** – Karnataka has secured a leading position in attracting foreign direct investment (FDI), drawing in a substantial $3.54 billion during the first six months of fiscal year 2025 (April-September 2024). This places the state second in India for FDI inflows during this period, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).
M.B. Patil, the Minister for Large and Medium Industries, attributed this success to the Congress-led state government’s investor-friendly policies and focus on innovation, ease of doing business, and infrastructure development. He highlighted the achievement as a testament to the government’s proactive approach to economic growth. The significant FDI inflow solidifies Karnataka’s reputation as a prime global investment destination.
First Piper 