Top 10 richest states in India by GDSP and GDP per capita, as of 2024

Notably, in the last quarter of FY24, India’s GDP grew by 8.2%, reaching ₹47.24 lakh crore, with the nominal GDP growth rate in FY24, as per the data released by the Ministry of Statistics and Programme Implementation and the National Statistical Office.

As the world’s fifth-largest economy, India is a diverse nation comprising twenty-eight states, eight Union Territories, and a national capital territory (NCT).

In recent years, some of these regions have emerged as economic powerhouses, contributing significantly to the national economy in terms of GDSP and GDP per capita.

Top 10 richest states in India by GDSP, as of 2024

The third-largest state in India by area, Maharashtra stands out as the wealthiest state in terms of GDP per capita. (file)

Home to India’s largest film industry, it’s renowned as the country’s financial capital, with most of the headquarters of major financial institutions such as the National Stock Exchange and the Bombay Stock Exchange, and industry giants like Reliance and Tata, which further have solidified its economic prominence.

Next in line is ‘Detroit of Asia,’ Tamil Nadu, which is known for its strong industrial foundation, particularly in the automotive, textiles, and information technology sectors which significantly contribute to the state’s economy, is the second richest state in India.

It’s also noteworthy that India’s capital city, New Delhi, ranks 13th with a projected Gross State Domestic Product (GSDP) of INR 11.07 lakh crore for FY 2024-25, contributing approximately 3.6% to the national economy.

Additionally, it boasts a per capita net state domestic product of INR 5.13 lakh for FY 2022–23. (File)

So, with each state contributing uniquely to the nation’s overall growth, these top ten richest Indian states, showcasing a remarkable variance in wealth and development, in terms of GDSP (Gross State Domestic Product) and GDP per capita.