Diversity is seen in every case in India. Some states are rich and some are poor. Somewhere most people depend on agriculture and somewhere on industry. A look at the country’s major rich states and its economy.
Maharashtra is the richest state in India. The state capital Mumbai is also known as the economic capital of the country. The total GDP of Maharashtra is 27.96 lakh crore. It is the third highest urban population state in the country where 45 percent of the population lives in cities.
Tamil Nadu is the second wealthiest state in India. The total GDP here is 17.25 lakh crore. More than 50 percent of the state’s population lives in cities. It constitutes 9.6 percent of the urban population of the entire country. 45 percent service sector, 34 percent manufacturing sector and 21 percent agriculture contribute to the state’s GDP.
Karnataka is the third richest state in India. The total GDP here is 15.88 lakh crore. Its GDP has grown at the fastest pace in the last decade compared to other states of the country. Many famous companies like Bharat Electronics Limited, Hindustan Machine Tools, Indian Telephone Industry have their headquarters in this state.
Uttar Pradesh is the fourth richest state in India. The total GDP of the state is 15.80 lakh crore. According to the state budget of 2017-18, the gross state domestic product of Uttar Pradesh is 16.89 lakh crore. Many cities of Uttar Pradesh like Noida, Ghaziabad have developed rapidly. Many companies have opened their branches here. Handloom, handicrafts and agriculture are a very important means of income of the people of the state.
Gujarat’s GDP is 14.96 lakh crore. The main source of income of this western state of India is agriculture and industry. The world’s largest ship breaking yard is near Bhavnagar in Alang, Gujarat. Reliance Petroleum’s refinery is also located in Jamnagar, Gujarat. Gujarat is a major producer of tobacco, cotton clothes and almonds. One-third of the total medicines made in India are made in Gujarat.
The total GDP of West Bengal is 13.14 lakh crores. The economy of the state is mainly based on agriculture and medium-scale industry. However, the service sector and heavy industries also play an important role in strengthening the economy of the state. Apart from Durgapur, there are many steel plants in the state. The port of Kolkata carries cargo ships from all over the world.
The total GDP of Andhra Pradesh is 10.49 lakh crore. The economy here is mainly based on agriculture. 62 percent of the population is directly and indirectly connected to agriculture. The World Bank has described this state as the best state in India in terms of starting a business. This state produces 70 percent of shrimp in India.
Telangana has a GDP of 10.49 lakh crore. Due to the two major rivers Krishna and Godavari, there is a better irrigation facility in large part here. Special attention is now being paid to information technology and biotechnology in the state. Telangana is one of the top IT exporter states in India. There are 68 special economic zones in the state. Telangana also has a rich state in terms of minerals.
Rajasthan’s total GDP is 9.29 lakh crore. It is a mineral-rich state. The economy here is based on agriculture, mining and tourism. The state has gold, silver, sandstone, limestone, marble, rock phosphate, copper and lignite deposits. It is the second largest cement producing state in India. Rajasthan is a major center of tourist attraction due to its historical heritage.
The total GDP of Kerala is 8.76 lakh crores. The main contribution to the state’s economy is the service sector. Several major corporations and manufacturing plants are headquartered in Kerala, particularly in Trivandrum, Kochi, Kozhikode. Kerala produces 85 percent of natural rubber and 97 percent of black pepper in the country. Tourism contributes about 10 percent to the state’s GDP.