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| Name | Top 10 Richest States in India 2024 | English |
| Video Uploader | Video From Top 10 World |
| Upload Date | This Video Uploaded At 26-03-2024 13:58:17 |
| Video Discription | Here are the list of top 10 Richest States in India 2024 by latest data published by RBI. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. India’s economy is the world’s fifth-largest economy by nominal GDP and is set to overtake Japan and Germany to become the world’s third-largest economy by 2030-40. While the Gross State Domestic Product (GSDP) or State Income is the most important indicator for measuring the economic growth of a State. Here are the list of top 10 richest states in India. 10 Telangana: 4.2% Telangana accounts 4.2% of GDP of india, with an estimated gross state domestic product (GSDP) of (US$129 billion). Tehengana is one of the fastest-growing states in India posing average annual growth rate of 13.90% over the last five years. Where the Services accounts 61%, Agriculture with (21%) and Industry (17%) are the main sectors for GDP. 9 Madhya Pradesh: 4.6% Madhya Pradesh's economy is the 9th largest in India which holds 4.6% of GDP, with an estimated gross state domestic product (GSDP) of (US$140 billion). Indore is the commercial capital of Madhya Pradesh, with a bulk of its trade coming from large, medium, and small scale manufacturing and service industries. 8 Andhra Pradesh: 4.9% Andhra Pradesh contributes 4.9% of GDP. the state is primarily dependent on agriculture, which directly and indirectly employs 62% of the population. The states Economy currently around 151 billion US Dollars is being propelled by sustained double-digit growth rate which makes them to one place up to 8th place. The state now emerging as next IT hub of India. 7 Rajasthan: 5.5% Rajasthan contributes 4.9% to the GDP of india. The Gross State Domestic Product of Rajasthan is over US$170 billion) (2023-24) which shows no big improvement in its GDP. The state is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth. 6 Karnataka: 6.2% Karnataka is the sixth-wealthiest state in India, shares 6.2% of national GDP, the state have Gross State Domestic Product (GSDP) of over $180 billion. Karnataka is known for its diverse and robust economy, with a significant contribution from its agricultural and industrial sectors. Karnataka is the leader in the information technology sector in India and its capital, Bangalore, is known as the Silicon Valley of India. 5 West Bengal: 7.5% West Bengal improved with its GSDP and made one place up to 5th, the state shares 7.5% of GDP of india. It is the primary business and financial hub of Eastern India. The state primarily dependent on agriculture and medium-sized industry. The gross state domestic product of west bengal is around (US$210 billion). Which the Services accounts 57% and followed by Agriculture 23% and Industry 20% 4 Gujarat: 8.2% Even though gujarat notes a growth in its GSDP, it drops one place to fourth which contributes 8.2% of GDP. The gross state domestic product of Uttar Pradesh is estimated to be (US$252 billion) in 2024–25. due to its favourable location on the westernmost part of India and closeness to global shipping lanes Gujarat facilitates one-fourth of India's imports and exports. 3 Tamil Nadu: 9.1% By the recent data tamilnadu drops to third place in GSDP, yet Tamil Nadu's economy is one of the strongest in India, with a share of 9.1% to the GDP of india. The gross state domestic product of tamil nadu is around (US$295 billion). with a robust industrial sector and a growing services industry, the Services contributes to 54% to the gross domestic product of the state. 2 Uttar Pradesh: 9.2% Uttar pradesh climb up to 2nd spot for the first time for GSDP by surpassing Tamil nadu, shares 9.2% of GDP. The gross state domestic product of Uttar Pradesh is estimated to be (US$313 billion). Key Factors Driving Uttar Pradesh’s Economic Growth is Industrial investments, infrastructure development and agriculture. UP has also surged from 14th to 2nd place in the Ease of Doing Business Ranking. 1 Maharashtra: 15.7% Maharashtra is the financial capital and the most populous city of India. The state accounts for 15.7% of India's GDP and has a Gross State Domestic Product of around USD 534 billion. which is higher than the GDP of entire pakistan itself. owing to its diverse economy, industrialization, and urban centers like Mumbai and Pune. while Mumbai itself contributes approximately 6.16% to India's total GDP. |
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