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Gujarat also contributes around 20% share in India's industrial production and merchandise exports. Gujarat's gross state domestic product (GSDP) increased to Rs. 25.68 lakh crore in fiscal year 2023–24, surpassing Uttar Pradesh's GSDP of Rs. 25.48 lakh crore (US$310 billion). [16]
GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.
Expenditure State Budget (in crore rupees) FY Reference Andhra Pradesh ₹ 279,279 crore (US$33 billion) 2023-24 [1]Arunachal Pradesh ₹ 29,657 crore (US$3.5 billion) 2023-24
Overall rank Rank by country Rank by Indian state Country/Indian state GDP – World: 128,824,669: 1 1 China 23,266,769 – European Union 21,818,726 2 2 United States ...
The gross domestic product of Ahmedabad metro was estimated at US$136.1 billion in 2023. [ 1 ] [ 2 ] Ahmedabad is the largest contributor to the GDP of Gujarat state, with an estimated US$68 billion as of 2017 [ 3 ] out of $227 billion, textile and clothing in Ahmedabad is one of the oldest industries.
HDI (2022) High Human Development; 1 Kerala: 0.750 2 Goa: 0.748 3 Chandigarh: 0.745 4 Puducherry: 0.740 5 Delhi: 0.734 6 Jammu and Kashmir: 0.720 7 Lakshadweep: 0.719 8 Himachal Pradesh: 0.715 9 Sikkim: 0.710 10 Mizoram: 0.705 11 Andaman and Nicobar Islands: 0.702 Medium Human Development; 12 Haryana: 0.675 13 Maharashtra: 0.674 14 Tamil Nadu ...
The economy of Gujarat is the fifth-largest in India, with a gross state domestic product (GSDP) of ₹ 16.55 trillion (equivalent to ₹ 19 trillion or US$220 billion in 2023) and has the country's 10th-highest GSDP per capita of ₹ 215,000 (US$2,500). [6]
Rajasthan is 12th leading investment destination in India after Maharashtra, Gujarat, Delhi, West Bengal, etc. because of its environment, law and order situation, infrastructure, investment climate and favourable population density. [citation needed] Areas facing NCR such as Bhiwadi are now popular with automobile and manufacturing companies.