The state attracted more than half of the total foreign direct investment (FDI) in the country last fiscal, Fadnavis said at an industry event.
The rupee resumed marginally lower at 64.14 per dollar against Thursday's closing level of 64.12 per dollar at the interbank foreign exchange market. The domestic currency hovered in a range of 64.14 and 64.0850 before quoting at 64.09 per dollar at 1025 hrs.
The rupee resumed sharply lower by 17 paise at 64.17 per dollar against Wednesday's closing level of 64.00 per dollar at the interbank foreign exchange market. The domestic currency hovered in a range of 64.17 and 64.07 before quoting at 64.08 per dollar at 1100 hrs.
Spot gold was unchanged at $1,333.70 per ounce at 0049 GMT, after easing 0.3 percent in the previous session.
At its strongest level on Tuesday, the yuan was changing hands at 6.5151 against the U.S. dollar, pushing gains to more than 6 percent this year, according to Reuters data. The currency's appreciation had quickened its pace in August, marking its best month in 2017.
The dollar was marked down as deep as 109.22 yen at the opening, off a whole yen from late on Friday, but there was no follow-through selling and it was last at 109.84.
A rally in local equities supported the rupee sentiment, a dealer said. The rupee resumed higher at 63.93 per dollar at the interbank foreign exchange (Forex) against last closing level of Rs 64.04 per dollar. The domestic unit hovered between 63.93 and 63.87 during morning deals. It was quoted at 63.90 at 1030 hrs.
The domestic currency has firmed up by close to 5.5 per cent against the dollar since February on the back of a significant portfolio capital inflows of about USD 27.5 billion. Moreover, the Indian currency has appreciated by 3.7 per cent against the Chinese Renminbi since February, resulting in surge in cheaper imports from China.
The rupee has risen more than six per cent this year against the dollar. This is in contrast to six consecutive years of depreciation.
It took nearly two years for the Indian rupee to finally break the psychological 64 level. The rupee has been one of the strongest currencies in the world in 2017.
The rupee rose to as much as 63.7575 per dollar, its strongest level since Aug. 10, 2015, from its close of 64.0750 on Tuesday. Traders estimated foreign banks had sold around $1 billion worth of dollars.
The domestic unit hovered between 64.41 and 64.4625 during morning deals before quoting at 64.45 at 1030 hrs. Overseas, the US dollar struggled near a 13-month low against a basket of major currencies in early Asian trade, as US political woes dampened hopes for quick passage of President Donald Trump's stimulus and tax reform agenda.
The pound has depreciated by as much as 15 percent against the euro and 13 percent against the dollar since the Brexit vote.
The stock market zooming to record highs in early trade cleared the way for the rupee's upmove, traders said. But the dollar made headway overseas after US jobs data, which came as a dampener for the rupee.
"Gold fell slightly as a rally in global stock markets saw investor appetite wane for the precious metal," ANZ analysts said in a note on Monday.
Despite a rate hike from the Federal Reserve, the US dollar index declined yesterday on account of weaker-than- expected retail sales and CPI data, said the report of HDFC Bank's Treasury Research Team.
Earlier, the rupee resumed lower by 6 paise to 64.49 as against yesterday's closing level of 64.43 per dollar at the Interbank Foreign Exchange (Forex) Market.
The rupee resumed higher by 9 paise to 64.35 per dollar as against last Friday's closing level of 64.44 per dollar at the Interbank Foreign Exchange (Forex) Market.
Surge in the rupee in the past few sessions was on account of FII inflows into equities and weak dollar in the overseas market.
The rupee resumed lower at 64.91 per dollar as against the yesterday's closing level of 64.89 per dollar at the Interbank Foreign Exchange (Forex) Market. Later, it recovered on dollar selling by banks to 64.80 before falling again to 64.94 at 1100 hrs.
According to the research firm GFMS, smuggled gold supply had fallen between November 2016 and mid-March 2017.
The rupee made a tentative recovery of 16 paise at 64.68 against the dollar at the start of the session after banks and exporters hit the sale button for the US currency.
After opening stronger against the dollar, the Indian rupee pared its gains on Wednesday as state-owned banks bought the dollar heavily on behalf of the Reserve Bank of India, dealers said.