India is a big and diverse country with 28 states, each having its own culture, resources, and economy. The economic performance of these states is usually measured by two key numbers: Gross State Domestic Product (GSDP) and GDP per capita. GSDP shows the total economic output of a state, while GDP per capita indicates the average income per person in that state. As of 2024, here’s a look at the top 10 richest states in India:
Maharashtra has the highest GSDP at ₹38.29 lakh crore (about USD 463 billion) and a GDP per capita of ₹2,50,000 (around USD 3,000). Its capital, Mumbai, is India’s financial hub and home to major stock exchanges and corporate headquarters. Its economy thrives on finance, entertainment, IT, and manufacturing, with Pune being another major IT and education center.
Tamil Nadu has a GSDP of ₹26.84 lakh crore (around USD 324 billion) and a GDP per capita of ₹2,45,000 (around USD 2,940). It is known for industries like manufacturing, textiles, and IT, with Chennai as its commercial and industrial hub. Its developed infrastructure helps it rank second in GSDP.
Uttar Pradesh, India’s most populous state, has a GSDP of ₹20.48 lakh crore (around USD 247 billion) but a lower GDP per capita of ₹85,000 (around USD 1,020). Its economy is mainly based on agriculture, but cities like Noida and Lucknow are boosting industrial growth.
Karnataka boasts a GSDP of ₹18.06 lakh crore (around USD 218 billion) and a high GDP per capita of ₹2,60,000 (around USD 3,120). Bengaluru, its capital, is known as India’s “Silicon Valley” due to its IT industry. The state also excels in biotechnology, aerospace, and manufacturing.
Gujarat has a GSDP of ₹17.82 lakh crore (around USD 215 billion) and a GDP per capita of ₹2,35,000 (around USD 2,820). Known for its strong industrial base, Gujarat excels in industries like petrochemicals, textiles, and pharmaceuticals. Its ports play a key role in India’s trade.
West Bengal has a GSDP of ₹16.89 lakh crore (around USD 204 billion) and a GDP per capita of ₹1,20,000 (around USD 1,440). Its economy is based on agriculture, manufacturing, and services, with Kolkata as a key financial center.
Rajasthan has a GSDP of ₹13.24 lakh crore (around USD 160 billion) and a GDP per capita of ₹1,00,000 (around USD 1,200). The economy is driven by agriculture, mining, and tourism, with cities like Jaipur and Udaipur growing in importance.
Telangana has a GSDP of ₹12.76 lakh crore (around USD 155 billion) and one of the highest GDP per capita at ₹2,70,000 (around USD 3,240). Its capital, Hyderabad, is a hub for IT and biotechnology.
Madhya Pradesh has a GSDP of ₹12.36 lakh crore (around USD 149 billion) and a GDP per capita of ₹80,000 (around USD 960). Its economy is centered on agriculture, with efforts to industrialize in cities like Indore and Bhopal. Andhra Pradesh has a GSDP of ₹11.69 lakh crore (around USD 141 billion) and a GDP per capita of ₹1,85,000 (around USD 2,220). Its economy is driven by agriculture and industries, with Vishakhapatnam being a key economic player.
Here’s a table
Rank | State | GSDP (₹ Lakh Crore) | GSDP (USD Billion) | GDP per Capita (₹) | GDP per Capita (USD) |
---|---|---|---|---|---|
1 | Maharashtra | 38.29 | 463 | 2,50,000 | 3,000 |
2 | Tamil Nadu | 26.84 | 324 | 2,45,000 | 2,940 |
3 | Uttar Pradesh | 20.48 | 247 | 85,000 | 1,020 |
4 | Karnataka | 18.06 | 218 | 2,60,000 | 3,120 |
5 | Gujarat | 17.82 | 215 | 2,35,000 | 2,820 |
6 | West Bengal | 16.89 | 204 | 1,20,000 | 1,440 |
7 | Rajasthan | 13.24 | 160 | 1,00,000 | 1,200 |
8 | Telangana | 12.76 | 155 | 2,70,000 | 3,240 |
9 | Madhya Pradesh | 12.36 | 149 | 80,000 | 960 |
10 | Andhra Pradesh | 11.69 | 141 | 1,85,000 | 2,220 |
This table provides a Top 10 Richest Indian states by both their Gross State Domestic Product (GSDP) and GDP per capita in 2024.