Telangana, Tamil Nadu and Rajasthan registered the highest growth in real gross state domestic product (GSDP).
In FY24, Telangana, Tamil Nadu and Rajasthan are the leading states among the 10 largest States in terms of growth in real gross state domestic product.
Telangana’s economy registered a growth of 9.2 per cent to reach a real GSDP of ₹7.9 lakh crore in FY24. It is faster than the national GDP growth of 8.2 per cent.
Tamil Nadu’s economy grew 8.2 per cent to reach ₹15.7 lakh crore in size while Rajasthan’s economy grew 8 per cent.
The services sector is the main contributor to the economic growth of all large states.
Tamil Nadu’s services sector grew by 9 percent, while Telangana’s services sector grew by 11%.
Maharashtra, with ₹24.1 lakh crore real GDP, continues to be the largest economy in India.
UP and Karnataka are at the fourth and fifth spots in terms of economy size.