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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%.
Gujarat: $738.039 5 Uttar Pradesh: $722.644 6 West Bengal: $561.150 7 Rajasthan: $469.068 8 Andhra Pradesh: $454.167 9 Telangana: $423.176 10 Madhya Pradesh: $408.822 11 Kerala: $393.267 12 Delhi: $387.407 13 Haryana: $351.456 14 Bihar: $272.125 15 Punjab: $268.981 16 Odisha: $244.973 17 Assam: $161.956 18 Chhattisgarh: $159.542 19 Jharkhand ...
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.
Many of the states of India have large GDP (called gross state product) which would rank highly on a list of countries by GDP. These figures are based on the World Bank list on List of countries by GDP (PPP) for world GDP, and the States of India by size of economy figures.
(June 2022) This is a list of Indian state budgets as enacted by the state legislatures for the upcoming fiscal year. ... 2023–24 [7] Gujarat
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.