Maharashtra Holds 5th Place in Per Capita Income, Gujarat Leads
Synopsis
Key Takeaways
Mumbai, March 5 (NationPress) Maharashtra retains its fifth rank in per capita income across India.
It’s important to note that Gujarat remains ahead of Maharashtra in this regard.
As per the Economic Survey for 2025-26, revised data for 2024-25 indicates that Maharashtra's per capita state income is at Rs 3,17,801. The forecast for the fiscal year 2025-26 suggests a rise to Rs 3,47,903. This figure is a preliminary estimate, with final numbers expected in the upcoming financial year.
Maharashtra has consistently maintained this fifth position over recent years.
According to the Economic Survey, Telangana leads all states with a per capita income of Rs 3,87,623 for 2024-25, followed by Karnataka at Rs 3,80,906, Tamil Nadu at Rs 3,61,619, and Gujarat at Rs 3,27,195. Maharashtra ranks at Rs 3,17,801, with Andhra Pradesh trailing at Rs 2,66,240. Telangana has successfully retained the top spot for three consecutive years.
The national average for per capita income is projected at Rs 2,19,000 this year, an increase from Rs 2,05,000 last year. Maharashtra's anticipated income of Rs 3,47,000 significantly surpasses this national average.
Despite an average state income above Rs 3,17,801, there exists a notable disparity among districts. Seven districts, including Mumbai City and Suburbs, Thane, Pune, Nagpur, Raigad, and Kolhapur, have a per capita income exceeding Rs 3 lakh. Other districts such as Sangli, Sindhudurg, Nashik, and Solapur fall within the range of Rs 2 lakh to Rs 3 lakh, while districts like Gondia, Beed, and Jalna report incomes below Rs 2 lakh.
Maharashtra remains a robust and dynamic economy in India, backed by a diversified structure comprising agriculture, industry, and services. With Mumbai as the financial capital and emerging growth centers like Pune, Nashik, Nagpur, Chhatrapati Sambhajinagar, and Amravati, the state significantly contributes to national output, investment, and employment. Its economic strength is rooted in established manufacturing clusters, a swiftly growing services sector, and an expanding innovation ecosystem.
The Economic Survey highlights accelerated infrastructure development in recent years, fueled by major investments in roads, metro systems, ports, airports, industrial corridors, and logistics networks.
Reforms aimed at enhancing the ease of doing business, fostering digital governance, and promoting sector-specific growth have bolstered Maharashtra's competitive advantage.
With a strategic emphasis on sustainable development, industrial modernization, and inclusive growth, the state continues to solidify its position as a preferred destination for both domestic and global investors.