Hello Yashas.
As of version R2024a, the default setting is in such a way that your previous working directory will be opened.
If using the "Initial working folder" option to specify the folder path in "General" section of the "Preferences" dialog doesn't help you open a specific directory every time you open MATLAB, then here's a potential workaround:
You can make use of the "startup.m" file in MATLAB that executes every time MATLAB is opened. You can edit this file to add a new command to change the working directory on startup.
cd('<absolute_path_to_your_working_directory>');
Here's the documentation link that will help you to edit the "startup.m" file: https://www.mathworks.com/help/matlab/ref/startup.html
