List of top 5 richest states in India

5. Gujarat

This state has a GDP of 7.66 crore lakh (US$ 110 billion). It is the biggest inland mechanical focus in western India after Mumbai. This state is the biggest exporters of gems and diamonds. Vikram Sarabhai and Kasturbhai Lalbhai who gave the name for the Ahmedabad as Manchester of India. Aravind Mills is biggest material factories in India. This state has mechanised farming and is one of the largest producer of agricultural products in the country. it is one amongst the Top 10 Richest States in India 2018.

4. West Bengal

It is one of the wealthiest state in India with a GDP of 8.00 crore (US$ 140 billion). The economy of West Bengal is mostly subject to farming and medium measured enterprises. Be that as it may, extensively measured enterprises assumed an exceptionally noteworthy part in the economy of the state. West Bengal was still reliant on the Central Government for taking care of the requests for sustenance. It is the nourishment delivering state in India, which produces 20% of rice, 35% of the potato.

3. Uttar Pradesh

The economy of the Uttar Pradesh is the 3rd Richest States in India with a GDP of 14.89 lakh crore (US$ 220 billion). Around 22.3% of the states are urbanized. Uttar Pradesh has seven urban networks having in excess of 1 million peoples. Uttar Pradesh is generally called Agrarian state since it contributes around 18.9% for the production of Nourishment grains in India. In tenth Five-year orchestrates state acquired 5.3% yearly financial improvement. After eleventh Five years masterminds yearly traditionalist improvement was to some degree lessened to 4.8%. Tourism in the state contributes a great Lots to its economy, for the most part, the sublime Taj Mahal.

2. Tamilnadu

Tamilnadu state having a second biggest & Richest economy in India with a present GDP of Rs. 15.96 Lakh Crore (US$ 230 billion). The per capita Income of Tamil Nadu was about $2300 in the year 2016-17. Around half of the state is urbanized. The administration contributes around 51% of the monetary exercises in the states. Likewise, Government is the major is the real speculator in the states. Private Indian speculators contribute around 30%, Foreign financial specialists contribute around 15%.it is one 2nd Place among the Top 10 Richest States in India 2018

1. Maharashtra

Maharashtra located in the west-central part of India is the richest state in India with grossing GDP of 25.35 lakh crore. The economic capital of India Mumbai is the capital of Maharashtra with highest no. of millionaires and billionaires that counts it as the top. Around the World, the criteria of GDP is used to measure the success rate of all the countries and it also helps to see the sector that grew or were marginalized from the last year. The ranking of India as per the leading survey site world’s richest country.com positioned India at the third position with GDP of 8.80 trillion. The same criteria of GDP are used to measure the state wise contribution of different states in India’s GDP, the calculations call for some surprising and some shocking revelation.

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