Skip to main content

Which states have highest GDP growth in India

The Indian states with the highest GDP per capita growth rate in 2023 are

 

Which states have highest GDP growth in India
State has highest GDP


Which state has highest GDP per capita in India


As of 2023, the state with the highest GDP per capita in India is Telangana. The state's GDP per capita was estimated to be Rs. 3,08,732 in 2022-23, at current prices. This is followed by Goa (Rs. 4,35,959), Sikkim (Rs. 4,03,376), Delhi (Rs. 3,76,221), and Chandigarh (Rs. 3,30,015).

The high GDP per capita of Telangana is due to a number of factors, including:

The state's strong industrial base, which is dominated by the IT and manufacturing sectors.

The state's focus on infrastructure development, which has led to improved connectivity and access to markets.

The state's pro-business policies, which have attracted investment from both domestic and foreign companies.
The state's skilled workforce, which is well-educated and has a strong work ethic.

The high GDP per capita of Telangana is a positive sign for the state's economy. It suggests that the state is on track to achieve its goal of becoming a developed state by 2024.

Which state has highest GDP per capita


1. Mizoram (14.07%)
2. Bihar (10.47%)
3. Goa (9.37%)
4. Tripura (9.12%)
5. Telangana (8.88%)

These states have all seen significant economic growth in recent years, due to a number of factors, including:

Increased investment in infrastructure
Growth in the manufacturing and services sectors
Rise in tourism
Improvement in agricultural productivity

The high GDP per capita growth rates of these states are a positive sign for the Indian economy as a whole. They suggest that India is on track to achieve its goal of becoming a USD5 trillion economy by 2024.

Here is a table of the GDP per capita growth rate of Indian states in 2023:

State | GDP per capita growth rate (in %)

Mizoram.... 14.07%
Bihar ....10.47%
Goa ....9.37%
Tripura ...9.12%
Telangana ...8.88%
Haryana ...8.73%
Sikkim ...8.60%
Puducherry ...8.58%
Kerala ...8.50%
Gujarat... 8.43%

It is important to note that these are just the states with the highest GDP per capita growth rates. There are many other states in India that are also growing rapidly.

Comments

Popular posts from this blog

At one time, the tax rate in India was 97.50

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...

Emmvee Photovoltaic Power Share Price Target 2030: Is It a Buy?

The renewable energy sector, particularly the solar energy segment, is growing rapidly. If you are looking for long-term growth opportunities in this sector, 'Emmvee Photovoltaic Power' is a company that warrants your attention. Based on recent market studies and financial reports, we outline the company's key operational metrics here and analyze why market analysts recommend it as an excellent long-term investment. Emmvee Photovoltaic Power: Key Stock and Market Metrics As of July 16, 2026, the company’s stock boasts strong fundamentals, supported by robust operating profit margins and excellent capital utilization. Metric | Details / Statistics Current Share Price (as of 16.07.2026): ₹365.35 Market Capitalization: ₹24,696 Crore Analyst Recommendation: Buy Recommended Investment Horizon: 5 years Expected Target Price (by 2030): ₹628.00 A Detailed Look at Financial and Valuation Ratios To understand why analysts are confident that Emmvee Photovoltaic Power will reach a targ...

India will be the global gold price setting body

New Delhi: India is planning to become a gold price setter, the Chamber of Commerce of India said at a gold and gemstone conference. The industry said at the event, Gold price India will emerge as a country that sets gold prices India is a global gold price s etter. Instead, it should become a gold price setter. Domestic mining will help in this. Domestic production will meet 20 percent of the country's gold demand in the next decade. Due to insufficient domestic gold production and the lack of a gold banking system, we have to depend on the London market price. In the next 2-3 years, India will emerge as the world's jewelry hub. Gold and jewelry purchases should be honest and transparent. The Indian Standards Institution plays a key role in determining the quality of gold. Similarly, the OECD and London Bullion Market Association standards can also be adopted or equivalent standards can be developed. Similarly, the ban on the export of 24-carat gold from India h...