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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.
Chhattisgarh is located in central India, bordered by Madhya Pradesh and Maharashtra to the west, Uttar Pradesh to the north, Odisha and Jharkhand to the east, and Andhra Pradesh to the south. The state is rich in mineral resources and is India’s only producer of tin concentrates. Known for its surplus power, Korba district is dubbed the “Power Capital of India.” As of May 2024, the state had a total installed power generation capacity of 14,161.12 MW, with major contributions from private and central utilities. Chhattisgarh also has significant reserves of coal, iron ore, dolomite, bauxite, and limestone, making it a mineral-rich powerhouse.
In 2024–25, Chhattisgarh’s Gross State Domestic Product (GSDP) was estimated at Rs. 5.61 trillion (US$ 67.27 billion), with a CAGR of 10.67% since 2015–16. The state is among the few in India with a profitable utility-based electricity model. With improved infrastructure and national highway projects worth Rs. 11,000 crore approved in 2024, Chhattisgarh continues to enhance its industrial backbone and connectivity.
Merchandise exports from the state were US$ 2.02 billion in FY24. Chhattisgarh earned record mineral revenue of Rs. 13,000 crore in 2023–24 and received investment proposals worth over Rs. 90,000 crore in the past four years, establishing its growing prominence as an investment destination.
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