Uttarakhand

Uttarakhand, nestled in the Himalayas, boasts diverse agro-climatic zones, abundant natural resources and strategic proximity to Delhi. Its robust infrastructure, including extensive road and rail networks, fuels rapid industrial growth, attracting significant FDI.

The state's economy, projected to reach Rs. 3.94 trillion (US$ 47.34 billion) in FY24, is driven by favorable industrial policies and tax benefits. Tourism, a key sector, thrives on hill stations, wildlife and pilgrimage sites, with 7 crore tourists in 2023 and an expected 20% growth in 2024.

Uttarakhand's potential lies in its medicinal plants, horticulture and hydropower. The government focuses on spiritual tourism and eco-tourism, aiming for inclusive economic growth. Exports reached US$ 1.80 billion in FY24, highlighting the state's growing economic footprint.

Uttar Pradesh is India’s most populous state, home to over 200 million people. It shares its borders with Nepal to the north and with nine Indian states, including Bihar, Madhya Pradesh and Rajasthan. The state is known for its cultural heritage, with world-famous landmarks like the Taj Mahal in Agra and the newly inaugurated Ram Temple in Ayodhya, which is expected to draw 100 million tourists annually. The state is also promoting ecotourism and forest conservation through the UP-Ecotourism Development Board.

Uttar Pradesh’s Gross State Domestic Product (GSDP) is estimated at Rs. 24.99 trillion (US$ 300.01 billion) in 2024–25, growing at a CAGR of 9.5% since 2018–19. It is the largest food grain producer in India and a major hub for renewable energy, with a solar target of 16,000 MW by 2026–27. As of August 2024, the state had an installed power generation capacity of 31,797.39 MW, with a strong mix of thermal, hydro, nuclear and renewable sources.

Merchandise exports reached US$ 8.68 billion in FY25 (April–August), led by electronic goods, which made up 25% of the total. The state has attracted investments from major players like Adani, Microsoft and Hiranandani, with several industrial and electronics policies supporting manufacturing and startups.

 Madhya Pradesh is a centrally located state in India, sharing its borders with Uttar Pradesh to the north, Chhattisgarh to the east, Maharashtra to the south and Gujarat and Rajasthan to the west. Rich in natural resources, the state is known for its diverse landscape, including forests, rivers and plateaus. It is also India’s only diamond-producing state, with a production of 38,437 carats in 2018-19. Famous for its cultural and natural heritage, Madhya Pradesh is home to iconic tourist destinations like the Khajuraho Temples, Bhedaghat’s Marble Rocks, Pachmarhi and national parks such as Kanha and Bandhavgarh.

At current prices, Madhya Pradesh’s Gross State Domestic Product (GSDP) was estimated at Rs. 13.87 trillion (US$ 166.31 billion) in 2023-24. The Net State Domestic Product (NSDP) stood at Rs. 12.42 trillion (US$ 148.92 billion), reflecting a CAGR of 12.44% from 2015-16 to 2023-24. Agriculture remains the backbone of the state's economy, contributing 47% to the GSDP, followed by services at 34% and manufacturing at 19%.

In FY24, exports from Madhya Pradesh reached US$ 7.88 billion. Cotton yarn led the way with US$ 982.5 million, while agricultural exports totaled US$ 285.34 million, showcasing the state's growing manufacturing and agri-based economy.