India’s richest states: Here’s where Telangana stands
Telangana, India’s youngest state, has achieved a remarkable milestone by becoming the second richest state in the country in terms of relative per-capita income. The state has played a crucial role in boosting India’s Gross Domestic Product (GDP). According to a recent working paper from the Economic Advisory Council to the Prime Minister (EAC-PM), Telangana has a relative per-capita income of 193.6%, securing the second spot, just behind Delhi at 250.8%. Other top states in this list include Karnataka (180.7%), Haryana (176.8%), and Tamil Nadu (171.1%).
The report also highlights the economic disparity between the richest and poorest states in India. On the lower end, Bihar, with only 32.8% relative per-capita income, is the poorest, followed by Jharkhand, Uttar Pradesh, Manipur, and Assam.
South India, in particular, has shown remarkable growth over the years. The five southern states—Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Kerala—now collectively contribute 30% of India’s GDP. In 1991, these states were performing below the national average, but today, three of them rank among the top five richest states.
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Telangana’s rise in the economic ladder is significant, considering it is just a decade old. The state has proven its economic strength by becoming one of the largest contributors to India’s economy. Meanwhile, Karnataka has emerged as a tech hub, and Tamil Nadu’s automotive industry continues to thrive.
Andhra Pradesh, though not in the top five, still ranks ninth in terms of GDP contribution and 16th in per-capita income. However, experts believe the lack of a major economic hub like Hyderabad has limited Andhra Pradesh’s potential for growth.
