India’s Top 10 Wealthiest States: Each of India’s 28 states makes a distinct contribution to the country’s Gross State Domestic Product (GSDP), which shapes the country’s economic landscape. Certain states have become wealthy due to their tourism, agriculture, and technology sectors.

Mumbai is home to Bollywood and significant enterprises, and it is the financial hub of Maharashtra, the richest state in India. Tamil Nadu, renowned for its IT, textile, and automotive industries, comes in second. India’s IT center is Bengaluru, with Karnataka coming in third. Other states’ strong economies are mostly driven by commerce, industry, and natural resources.

List of India’s Top 10 Wealthiest States by Annual Gross State Domestic Product
According to Forbes, these are the top 10 wealthiest Indian states in terms of GSDP for 2024–2025. Examine the main driver of their robust economy as well.

The Income Sources of India’s Top 10 Wealthiest States

1. The state of Maharashtra
Maharashtra, India’s economic engine, is projected to produce ₹42.67 lakh crore in 2024–2025. The state’s industrial, entertainment, banking, and information technology sectors are the backbone of its booming economy. Mumbai is the nation’s financial center as it is home to important financial institutions and corporate headquarters.

2. The state of Tamil Nadu
Tamil Nadu has a varied economy that includes manufacturing, textiles, automobiles, and information technology, with an estimated GSDP of ₹31.55 lakh crore annually. Its strategic position by the sea is ideal for trade and export opportunities, boosting its economy.

Third, Karnataka
It is anticipated that Karnataka’s economy would achieve a GSDP of ₹28.09 lakh crore by 2024–2025. Manufacturing, biotechnology, aerospace, and information technology are among its primary sectors. Bengaluru, the capital of Karnataka, is referred to as the “Silicon Valley of India” in particular.

4. Gujarat
Gujarat has emerged as a significant petrochemical, textile, and pharmaceutical manufacturing center in the nation. The state’s economic outlook has improved because to the significant investments brought in by its excellent infrastructure and investor-friendly policies, as seen by the 2024–2025 GSDP of over ₹27.9 lakh crore.

Fifth, Uttar Pradesh
Uttar Pradesh’s GDP was ₹24.99 lakh crore in 2024–2025. The cultivation of rice, wheat, and sugarcane is part of the agribusiness sector, which is the main driver of its economy. The growth of the industrial and services sectors has lately supported the state’s economy.

6. Bengal’s West
Northeastern state West Bengal’s economy, which currently has a forecast GSDP of ₹18.8 lakh crore, is dominated by manufacturing, services, and agriculture. In the state that produces the most jute and paddy, especially in the capital Kolkata, the information technology sector is also expanding.

7. The state of Rajasthan
Rajasthan’s GSDP for 2024–2025 was estimated to be ₹17.8 lakh crore. Agriculture, mining, and tourism all support the state’s economy. Its rich cultural heritage and many sites make tourism a vital component of economic growth.

8. Telangana
Telangana has a growing economy that is mostly driven by biotechnology, pharmaceuticals, and information technology, with a predicted GSDP of ₹16.5 lakh crore in 2024–2025. As a center for IT, Hyderabad, the state capital, also draws investments from international IT companies.

9. Andhra Pradesh
Agriculture is the main driver of Andhra Pradesh’s economy, with a GSDP of ₹15.89 lakh crore in 2024–2025. Additionally, horticulture is contributing significantly. The state is also focusing on expanding its industrial sector in order to diversify its economic base.

10. Madhya Pradesh
Agriculture, mining, and forestry are the main drivers of Madhya Pradesh’s economy, which will boost its gross state product to ₹15.22 lakh crore in 2024–2025. This state, which is a leading producer of pulses, wheat, and soybeans, is moving toward industrialization to promote economic growth.