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2. Tamil Nadu

GDP Rs 17.25 lakh crore -- Tamil Nadu has the second-largest economy in India. Over 50% of the state is urbanized, accounting for 9.6% of the urban population in the country, while only comprising 6% of India's total population. Services contributes to 45% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 21%. Government is the major investor in the state, with 52% of total investments, followed by private Indian investors at 29.9% and foreign private investors at 14.9%. It has been ranked as the second most economically free state in India by the Economic Freedom Rankings for the States of India.

These are the 10 richest states in India by GDP

With much focus on the hope of development and economic progress in Jammu & Kashmir since the abrogation of provisions of Article 370, here’s a look at other Indian states which have been economically progressing and growing richer consistently over the years owing various environmental factors and ease of doing business.

States have been ranked based on their GDP growth for the year 2018-19.

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually.


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