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List of Richest States in India (2025)

Rachna Ramtek
September 9, 2025
 
List of Richest States in India (2025)

Table of Contents

    Modified On:

    September 9, 2025

    Learn all about the top 10 richest states in India. Check out the ranking based on GDP and more.

    A few states control India's economy and make up a large part of its GDP. These big economies drive growth, new ideas, and the growth of industries in many areas. 

    It's clear how important the top 10 richest states are to India's economy because they make up 71.6% of the country's GDP.

    State

    GSDP (₹ lakh crore, FY 2024-25)

    GDP per capita (NSDP, ₹ lakh, FY 2022-23)

    State Share of National GDP (%)

    Maharashtra

    42.67

    2.89

    13.3

    Tamil Nadu

    31.55

    3.5

    8.9

    Karnataka

    28.09

    3.31

    8.2

    Gujarat

    27.9

    3.13

    8.1

    Uttar Pradesh

    24.99

    0.96

    8.4

    West Bengal

    18.8

    1.57

    5.6

    Rajasthan

    17.8

    1.67

    5

    Telangana

    16.5

    3.83

    4.9

    Andhra Pradesh

    15.89

    2.7

    4.7

    Madhya Pradesh

    15.22

    1.56

    4.5

    Richest State in India - Complete List (2025)

    1. Maharashtra - The Economic Powerhouse

    Maharashtra is India's richest state, with a GSDP of ₹42.67 lakh crore, which is more than 13% of the country's total GDP. 

    A number of industries, such as finance, information technology, pharmaceuticals, autos, and textiles, help India's economy grow. Mumbai, the financial capital of the country, is located in this state.

    Among its major industrial centres are Nagpur, Nashik, Aurangabad, and the Mumbai–Pune corridor. 

    In addition, Maharashtra is home to several pharmaceutical facilities that international regulators have approved and produce 17% of India's chemicals. 

    The state's strong infrastructure, business-friendly laws, and good location continue to attract both foreign and local investment. The average income per person is about ₹2.89 lakh.

    Also, check out the richest cities in India.

    2. Tamil Nadu - The Detroit of Asia

    Tamil Nadu is the second richest state in India, with a gross state domestic product of ₹31.55 lakh crore. 

    Because of its robust automotive industry, it is frequently referred to as the "Detroit of Asia." Chennai alone produces a major share of India’s cars and commercial vehicles, making it a global hub for auto manufacturing.

    Tamil Nadu's economy is varied, with industries like textiles, IT services, leather, chemicals, and engineering. 

    Tirupur is known around the world as the "Knitwear Capital of India," while Sriperumbudur and Coimbatore get a lot of foreign investment.

    Tamil Nadu has the quickest growth of any state, with a per capita income of ₹3.5 lakh and a lot of manufacturers. Its GSDP grew by double digits in 2024–25. 

    3. Karnataka - Silicon Valley of India

    Karnataka is renowned as the "Silicon Valley of India" because of its gross state domestic product (GSDP) of ₹28.09 lakh crore.

    The capital, Bengaluru, accounts for around 44% of the state's GDP and serves as the country's technology hub. 

    Karnataka is a leading exporter of software. It has 47 IT/ITeS SEZs and over 2 million IT professionals.

    Along with technology, the state's economy relies on biotechnology, aviation, vehicles, mining, textiles, and agriculture. 

    Karnataka boasts one of the highest per capita earnings in India, with a GSDP of ₹3.31 lakh. 

    Multinational corporations choose to establish competence centres there because it is a popular destination for technology and innovation investments.

    4. Gujarat - Industrial Powerhouse

    Gujarat is one of India's most industrialised states, with a GSDP of ₹27.9 lakh crore. It makes up more than 8% of the national GDP and is the top exporter in the country. 

    The state is the leader in chemicals, petrochemicals, and diamonds, processing around 72% of the world's diamonds.

    Gujarat also has the second-longest coastline in India. Ports like Mundra and Kandla handle a lot of cargo. Its oil refineries, especially in Jamnagar, are among the biggest in the world. 

    With a per capita income of ₹3.13 lakh and the lowest unemployment rate in India, Gujarat remains a preferred state for industries and global investors.

    5. Uttar Pradesh - The Demographic Giant

    Uttar Pradesh is India's most populous state, with a GSDP of ₹24.99 lakh crore and a contribution of 8.4% to the national GDP. 

    With a population of nearly 240 million, there is enormous potential for economic development.

    Agriculture, food processing, textiles, leather goods, and handicrafts are the state's primary economic sectors. It is India's largest producer of food grains and a centre for sugar production. 

    Lucknow, Kanpur, Noida, Agra, and Varanasi are all major business hubs. Tourism is another important factor, and the Taj Mahal is a popular destination for visitors from throughout the world.

    Despite the average annual income of ₹96,000, the state's infrastructure is improving, positioning it as an emerging industrial hub.

    6. West Bengal: The Heart of Eastern India

    West Bengal is the economic heart of Eastern India since it has a GSDP of ₹18.8 lakh crore. Kolkata, the capital, is a major business hub with companies in steel, engineering, IT, tea, and jute.

    The state grows a lot of tea, rice, and potatoes, especially the famous Darjeeling tea. It is also the leading producer of jute in the country, making around 90% of it. 

    The state has a per capita income of ₹1.67 lakh and is also becoming a leader in renewable energy, especially solar power, thanks to its desert landscape and lots of sunshine.

    It also accounts for about 90% of total national jute production. West Bengal's MSME sector is prospering, with a per capita revenue of ₹1.57 lakh. 

    The state exports gold jewellery, iron, leather, and marine items. Its unique location enables easy trade with Bangladesh and Southeast Asia.

    Explore the top 10 richest countries in the world (2025).

    7. Rajasthan - Land of Heritage and Resources

    Rajasthan is India's largest state by area and has a gross state domestic product (GSDP) of ₹17.8 lakh crore, which is over 5% of the country's GDP. 

    The state has a strong economy focused on handicrafts, mining, agriculture, textiles, and tourism. It is also noted for its rich cultural history.

    Rajasthan is a mineral-rich state that makes the most cement and jewels. Big cities like Kota, Udaipur, Jodhpur, and Jaipur are very helpful for trade and tourism. 

    The state has a per capita income of ₹1.67 lakh and is also becoming a leader in renewable energy, especially solar power, thanks to its desert landscape and lots of sunshine.

    8. Telangana - IT Services Pioneer

    Telangana, India's youngest state, was created in 2014 and has quickly become a major economic force with a GSDP of ₹16.5 lakh crore. 

    With a GSDP of ₹3.83 lakh per person, it is one of the highest in the country. Hyderabad, the capital of the state, is a major international centre for pharmaceuticals and IT. 

    Major technology companies are based in the city's HITEC City, and the state leads the nation in medicine production. Textiles, biotechnology, aerospace, and farming all help Telangana's economy.

    It is one of India's states that is developing the fastest because the government has strong laws and programs that help investors. 

    9. Andhra Pradesh - Coastal Economic Hub

    Andhra Pradesh, possessing a Gross State Domestic Product (GSDP) of ₹15.89 lakh crore, represents a significant coastal economy. 

    The 974 km coastline, which is the second-longest in India, facilitates robust maritime trade and industrial activities.

    Vijayawada, Guntur, and Tirupati are the next biggest business centres in the state after Visakhapatnam. 

    There are several different parts of the economy, including agriculture, aquaculture, information technology, textiles, and medicines. 

    Andhra Pradesh, which has a per capita income of ₹2.7 lakh, is still a major place for investments in manufacturing and services. It uses its lush coastal plains to grow crops.

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    10. Madhya Pradesh is the Heart of India

    Madhya Pradesh, which is also known as the "Heart of India," has a Gross State Domestic Product (GSDP) of ₹15.22 lakh crore. The central location is a key link for trade and travel across the country.

    Agriculture, mining, textiles, and forest products are the main things that keep the state's economy going. 

    India is the world's biggest producer of pulses, oilseeds, and soybeans. It also has a lot of minerals, such as diamonds and copper. Bhopal, Indore, and Gwalior are important economic centres. 

    Madhya Pradesh has a per capita income of ₹1.56 lakh, which means it has a lot of room to develop. 

    The economy is greatly improved by the large amount of forest cover and the strong tourism industry, which includes wildlife sanctuaries and historic monuments.