20 Richest States of India

July 23, 2011 - PRLog -- India's states are endowed with abundant natural resources. Besides, focussing on agriculture, many states have made rapid strides in industrialisation as well. Today, the gross domestic product of these states make India one of the fastest growing economies in the world.

Take a look at India's 20 richest states.
1. Maharashtra

GDP: $190.310 billion
GDP per capita: $1,568

India's richest state, Maharashtra is the second most urbanised state.

It is the second most populous and third largest state by area in India. It has a high rate of economic growth, and the biggest contribution comes from the services sector.

Maharashtra contributes 15 per cent of national industrial output and over 40 per cent of India's national revenue.

2. Uttar Pradesh

GDP: $109.770 billion
GDP per capita: $488

The most populous state in India, Uttar Pradesh sees the largest contribution to the Gross State Domestic Product (GSDP) from the services sector.

Uttar Pradesh has large number of small scale industrial units. The tourism industry is a major contributor to the state's economy.

3. Andhra Pradesh

GDP: $100.350 billion
GDP per capita: $1,077

Andhra Pradesh, India's fourth largest state gets much of its revenues from the services sector.

The state banks on two major sectors - Information technology and biotechnology. Agriculture also contributes substantially to the state's economy.

Andhra Pradesh ranks second in India in terms of mineral wealth.

4. Tamil Nadu

GDP: $97.970 billion
GDP per capita: $1,350

Tamil Nadu has transformed into one of the leading industrial states in India.

It is also one of the country's most literate states and has a high level of urbanisation.

Three major industries in the state are automobiles, garments and heavy industries, besides a booming tourism industry.

5. Gujarat

GDP: $90.650 billion
GDP per capita: $1,350

One of the fastest growing states in India, Gujarat has seen rapid industrial growth.

The state has the world's largest refinery in Jamnagar, besides industries in textiles, petrochemicals, agro food processing, gems and jewellery.

Surat, India's diamond has one of the highest GDP growth rates in India.

6. West Bengal

GDP: $84.570 billion
GDP per capita: $875

West Bengal is the sixth-largest contributor to India's GDP.

The services sector contributes over 50 per cent of West Bengal's GDP. Agriculture is the main source of income in the state.

West Bengal is now the third fastest growing economy in the country. However, it does not have a strong industrial base. http://www.indiapackages.com/goldentri.html

7. Karnataka

GDP: $70.890 billion
GDP per capita: $1,070

Karnataka is one of India's leading states in terms of economic development.

The state's gross state domestic product (GSDP) grew the fastest in the country.

Half of the state's GSDP comes from the services sector. Bangalore hailed as India's Silicon Valley contributes substantially to the IT and ITeS industry.

8. Rajasthan

GDP: $53.930 billion
GDP per capita: $722

Rajasthan is one of the leading producers of cement in the country, and contributes 16 per cent of the national cement output.

Besides the services sector accounts for almost half of the state's Gross State Domestic Product (GSDP), tourism is another revenue spinner. The state ranks second in the production of oilseeds in the country.

9. Kerala

GDP: $48.630 billion
GDP per capita: $1,457

Kerala also known as God's own country depends mainly on the tourism industry and remittances from its people working abroad.

Kerala produces over 90 per cent of India's natural rubber, more than half of India's cardamom, and 30 per cent of coconuts and tapioca.

It is one of the highest ranked states in India in terms of Human Development Index.

10. Delhi

GDP: $46.0 billion
GDP per capita: $2,746

Delhi scores high on per capita income and GDP growth rate.
Backed by stable infrastructure and trade, Delhi's manufacturing and consumer goods industries have contributed to its economic success. http://www.palace-on-wheels.us/

The tertiary sector, which includes services, trade, hotels, restaurants and transport services spins revenues for the state.

11. Madhya Pradesh

GDP: $45.810 billion
GDP per capita: $575

Madhya Pradesh is rich in forest and mineral resources.  The economy is largely dependent on the services sector, followed by agriculture and industry.

The state is famous for many national parks and heritage sites like the monuments at Khajuraho. However, the state is yet to take advantage of its tourism potential.

12. Haryana

GDP: $45.670 billion
GDP per capita: $1,801

Haryana is one of the richest states in India with its gross state domestic product (GSDP) growing at a steady rate.

Manufacturing, business process outsourcing, agriculture and retail sectors contribute to the state's economy.

Gurgaon in Haryana has turned into an important industrial and financial centre.

13. Punjab

GDP: $42.110 billion
GDP per capita: $ 1,520

Punjab, India's granary produces 20 per cent of India's wheat and 12 per cent of the country's rice.

Punjab is among the first few states in the country with 100 per cent road connectivity in rural areas.

The industrial sector is dominated by small scale industries. The primary industries are textiles, sports goods, manufacturing, and agro-based industries.

14. Bihar

GDP: $35.600 billion
GDP per capita: $340

Shedding its image of a backward state, Bihar is now marching ahead on growth charts.

The state's growth rate was 11.4 per cent in 2009, the second highest in India.

Over half of the state's Gross State Domestic Product (GSDP) comes from the services sector.

15. Orissa

GDP: $ 34.270 billion
GDP per capita: $702

A state rich in natural resources, Orissa also has a large coastline.

One third of India's bauxite reserves, a quarter of its iron ore and a fifth of its coal are in Orissa, making it a hotspot for mining companies.

Orissa was the second most preferred destination in the country for investments in 2009.

Most of the investments are in power generation, mining, iron and steel sectors.

16. Chhattisgarh

GDP: $23.190 billion
GDP per capita: $804

Chhattisgarh is the tenth largest state in India. The 'rice bowl' of India, Chhattisgarh was carved out of Madhya Pradesh in 2000.

The highest contribution to the state's Gross State Domestic Product (GSDP) comes from the tertiary sector.

The state has many mineral-based industries. An electricity-rich state, it supplies electricity to other states.

More than 80 per cent of the population depend on agriculture.

17. Jharkhand

GDP: $22.460 billion
GDP per capita: $649

Jharkhand came into existence in 2000 when it was carved out from the southern part of Bihar.

Nearly 30 per cent of the state's land is covered by forests. The state's revenues come from the manufacturing and services sector.
The mineral-rich state has seen high level of industrialisation in the state.  Jharkhand has 32 per cent of India's coal reserves.

18. Assam

Assam is the largest state in north-east India. Famous for tea production, oil fields and rich biodiversity, the state is also rich in products like bamboo and timber.

Assam has an agrarian economy.

19. Uttarakhand

One of India's most beautiful states, the state was carved out of Uttar Pradesh in November 2000.

Almost half of the Gross State Domestic Product (GSDP) comes from the services sector.

Tourism is a key driver of the economy. The state has excellent potential for hydropower generation due to a large network of rivers.

20. Himachal Pradesh

Himachal Pradesh is rich in agriculture and hydroelectric resources. Agriculture contributes to over 45 per cent to the net state domestic product.

It has been estimated that about 20,300MW of hydro electric power can be generated in the state.

Himachal is also the first state in India to achieve the goal of having a bank account for every family. http://www.indiapackages.com/holiday-packages.html

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