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India’s economic diversity is reflected in its states, which contribute significantly to the nation’s growth. The wealth of these states is measured using two critical metrics: Gross State Domestic Product (GSDP), which reflects overall economic output, and GDP per capita, indicating the average income per resident. Here’s a detailed look at the top 10 richest states in India 2025, their economic strengths, and a comparison with the poorest state in India.
Top 10 Richest States in India 2025
1. Maharashtra: The Financial Powerhouse
- Projected GSDP (2024-25): ₹42.67 lakh crore
- GDP per Capita (2022-23): ₹2.89 lakh
- State’s Share of National GDP: 13.3%
Maharashtra remains the richest state in India, with Mumbai serving as its financial hub. Industries such as finance, entertainment (Bollywood), and manufacturing dominate. The state hosts the Bombay Stock Exchange (BSE) and numerous multinational corporations, contributing significantly to its GSDP.
2. Tamil Nadu: The Industrial Dynamo
- Projected GSDP (2024-25): ₹31.55 lakh crore
- GDP per Capita (2023-24): ₹3.50 lakh
- State’s Share of National GDP: 8.9%
Tamil Nadu boasts a robust industrial base, excelling in automotive manufacturing, textiles, and IT services. Chennai, the capital, is a global hub for technology and commerce, further solidifying Tamil Nadu’s place among the richest states.
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3. Karnataka: The Tech Titan
- Projected GSDP (2024-25): ₹28.09 lakh crore
- GDP per Capita (2022-23): ₹3.31 lakh
- State’s Share of National GDP: 8.2%
Karnataka, home to Bengaluru (India’s Silicon Valley), leads the country’s IT sector. The state also excels in aerospace and biotechnology, driving innovation and economic growth.
4. Gujarat: The Manufacturing Hub
- Projected GSDP (2024-25): ₹27.90 lakh crore
- GDP per Capita (2022-23): ₹3.13 lakh
- State’s Share of National GDP: 8.1%
Gujarat is renowned for its business-friendly policies and industrial strength, especially in petrochemicals, textiles, and diamond processing. The state has consistently attracted domestic and international investment.
5. Uttar Pradesh: The Agrarian Contributor
- Projected GSDP (2024-25): ₹24.99 lakh crore
- GDP per Capita (2022-23): ₹0.96 lakh
- State’s Share of National GDP: 8.4%
Uttar Pradesh’s economy is heavily reliant on agriculture, but the state is actively industrializing, with significant contributions from manufacturing and service sectors.
6. West Bengal: The Cultural and Economic Hub
- Projected GSDP (2024-25): ₹16.74 lakh crore
- GDP per Capita (2022-23): ₹1.51 lakh
West Bengal’s economy is diverse, with strengths in agriculture, IT services, and jute and tea industries. Kolkata, its capital, is an economic and cultural center.
GSDP Of Top 10 Richest States In India (₹ Lakh Crore)
Comparison of the Richest and Poorest State in India
The richest state in India, Maharashtra, has a GSDP of ₹42.67 lakh crore, nearly six times higher than Bihar, the poorest state in India, with a GSDP of ₹7.43 lakh crore. This stark difference highlights the need for balanced economic growth across states.
Key Insights
- Richest State in India Per Capita: Tamil Nadu leads in per capita GDP, emphasizing a higher standard of living.
- Emerging States: Telangana and Haryana are fast-growing states that could soon join the ranks of the richest.
- Challenges for Poorer States: States like Bihar and Jharkhand require targeted policies for economic upliftment.
Top 10 Richest States in India 2025
Rank | State | GSDP (₹ Lakh Crore) | GDP Per Capita (₹ Lakh) |
---|---|---|---|
1 | Maharashtra | 42.67 | 2.89 |
2 | Tamil Nadu | 31.55 | 3.50 |
3 | Karnataka | 28.09 | 3.31 |
4 | Gujarat | 27.90 | 3.13 |
5 | Uttar Pradesh | 24.99 | 0.96 |
6 | West Bengal | 16.74 | 1.51 |
7 | Rajasthan | 14.58 | 1.12 |
8 | Andhra Pradesh | 13.42 | 1.33 |
9 | Telangana | 12.82 | 2.30 |
10 | Haryana | 10.55 | 3.20 |
Conclusion
India’s economic growth is powered by its states, with the top 10 richest states in India showcasing strong industrial and technological advancements. However, the stark contrast between the richest and poorest states highlights the need for inclusive policies to drive balanced development. By addressing regional disparities, India can further strengthen its global economic standing.
FAQs on Richest State in India
Which is the 10 richest state in India?
The top 10 richest states in India, based on Gross State Domestic Product (GSDP), are: Maharashtra, Tamil Nadu, Karnataka, Gujarat, Uttar Pradesh, West Bengal, Rajasthan, Andhra Pradesh, Telangana and Haryana.
Which is the top 5 richest city in India?
The top 5 richest cities in India, ranked by GDP, are: Mumbai, Delhi, Kolkata, Bengaluru and Chennai.
What are the top 20 richest states in India?
The top 20 richest states in India include: Maharashtra, Tamil Nadu, Karnataka, Gujarat, Uttar Pradesh, West Bengal, Rajasthan, Andhra Pradesh, Telangana, Haryana, Madhya Pradesh, Delhi, Punjab, Odisha, Kerala, Bihar, Assam, Chhattisgarh, Jharkhand and Uttarakhand
Which is the 1 poorest state in India?
Bihar is considered the poorest state in India, with the lowest Gross State Domestic Product (GSDP) per capita.
Which is no 1 state in India?
Maharashtra holds the position as the number one state in India in terms of economic output, contributing the highest GSDP among all states.