India is a country with huge pay inequity. Some states have high incomes and others suffer from poverty. The Top 20 most richest states in India in accordance with the total of Gross State Domestic Product (GSDP) is outlined within this piece.
The GSDP represents the total earnings of a state that is derived from the production of services and goods within its geographic boundaries. Therefore, it is an essential indicator of how a given state is financially enriched and how well it is advancing.
These are the 20 most richest states in India according to the GSDP:
- Maharashtra
Maharashtra is on the top of our list of Top 20 most richest states in India boasting a an GSDP in excess of 400 billion dollars. The state is home to Mumbai which is the financial capital of India and is also one of the most renowned commercial, financial and industrial states.
- Tamil Nadu
Tamil Nadu ranks second in the top ten richest Indian state, with GSDP of more than 300 billion. It is known that Tamil Nadu has a strong industry, particularly in the automobile and information technology. It is among the most richest states in India.
- Gujarat
Gujarat is the third-richest state in India in terms of gross domestic product which is more than $ more than 280 billion. It is a major industrial state that focuses on manufacturing textiles, chemicals, and other products.
- Karnataka
Karnataka ranks fourth in terms of its economics, having a total GSDP of more than Two Hundred and Ninety billion USdollars. It is known for its IT industry, and this particular sector is developed primarily in Bengaluru which is also called Bengaluru, also known as the silicon Valley of India.
- Uttar Pradesh
Uttar Pradesh is the fifth highest-income state in India according to Gross State Product, GSDP which is greater than 280 billion dollars. The state is among the largest states in India and also a prominent spot in the map of agriculture of the nation.
- Andhra Pradesh
Andhra Pradesh sits sixth in the list of the most prosperous state in India as well as having a GDP that exceeds $180 billion. It is home to the IT industry, and is home to Hyderabad, the principal IT central hub in Hyderabad.
- Telangana
Telangana is the seventh-highest affluent state within the Republic of India with a GDP exceeding $160 billion. The state is also the most well-known state for its IT manufacturing, which is which is located in Hyderabad.
- West Bengal
West Bengal is only eighth most prosperous state according to the Gross State Domestic Product (GSDP) which is more than $150 billion. West Bengal is known for the jute industry, tea gardens, and tourism industry.
- Rajasthan
Rajasthan is the ninth-richest state in the world with GSDP greater than 130 billion US dollars. It is an industrialized state in the sense of tourism; mining, and the textile industry.
- Madhya Pradesh
Of all the state within India Madhya Pradesh is the 10th most prosperous state, the GSDP that is around 120 billion dollars. The state is not just being famous for its rich agriculture and gold mining, it is also is famous for its tourism industry.
- Kerala
Kerala is listed as the 11th-richest state in India by its gross domestic product (GDP) exceeding $110 billion. It is also famous for its the tourism industry, the spice industry as well as trade with fish and other seafood.
- Haryana
Haryana is the 12th most affluent state of India with the gross domestic product of the state over 100 billion dollars.. Haryana is famous for agricultural products, auto industries and information technology.
- Bihar
Bihar is the 13th most affluent state in India and has a gross domestic product of over 90 billion US dollars. Bihar is also a major contributor to the textile and agriculture industries, and, perhaps most importantly tourism.
- Punjab
According to the most recent reports, Punjab sits fourteen on the list of most prosperous states in India with an GSDP exceeding $80 billion. It is among the top dairy, agricultural and textile producing states in India.
- Odisha
It is the 15th most prosperous state of India with GSDP over 70 billion dollars. It is famous for its the steel sector, mining sector, and tourism.
- Chhattisgarh
Chhattisgarh is the tenth-smallest state in terms of size on the maps of India. The “rice bowl” is located in India, Chhattisgarh was born from an area map in Madhya Pradesh in the year 2000. Tertiary sector is the most important sector that generates the state’s Gross State Development Production (GSDP). The state is home to many mineral-based industries. One of the states that has surplus electricity it sells power to the states. The majority of people depend on agriculture.
- Jharkhand
Jharkhand became part of the map in 2000 when a state was created from the southern region of Bihar. As was mentioned earlier, Jharkhand covers 385square kilometers of land, with forests occupying approximately one-half or more than 30 percent of the total area of land. Manufacturing and service industries provide the state’s income. The state is rich in minerals and has experienced a very high rate of industrialisation in the state. This means that it is home to 32 percent of the coal reserve in India. It is among the Top 20 most richest states in India.
- Assam
In the regions in the northeast within India, Assam is the largest state. It is famous today for its role as a tea region as well as oil fields and biodiversity and has huge wood and bamboo resources. Agriculture is the main job in Assam. Assam is among the top 20 states with the highest income in India.
- Uttarakhand
A very beautiful states in India it was formed from a portion that was Uttar Pradesh in November, 2000. Around 45.12 percent from the Gross State Product (GSDP) is derived through the service sector. Tourism is now a major way through which the economy are being boosted. The state has a favorable location for hydropower development, due to the existence of numerous rivers.
- Himachal Pradesh
The main resource of Himachal Pradesh is hydroelectric and agricultural resources. Agriculture is more than a third of the state’s total domestic product. The estimated amount of hydroelectric electricity in the Himalayan state amounts to about 20300 MW. This is a record for Himachal as it is the very first in India to meet the goal of having a bank account per family.
