New Delhi, Dec 12: As many as 17 states including Odisha have surpassed an impressive 9 per cent growth rate in their Gross State Domestic Product (GSDP) in the aftermath of the COVID-19 pandemic during FY22 and FY23, according to a report by the PHD Chamber of Commerce and Industry (PHDCCI).
Similarly, 25 states have achieved over 7 per cent growth in various sectors.
Among these, 17 states surpassed an impressive 9 per cent growth rate, with Gujarat, Kerala, Telangana, Rajasthan, West Bengal, Bihar, Karnataka, Uttar Pradesh, Haryana, and Odisha standing out for their robust economic performance during 2021-22 and 2022-23.
The PHDCCI report highlights the sectoral strengths that define individual states and their contributions to India's economic growth.
Punjab, Haryana, and Uttar Pradesh have emerged as leaders in agricultural production, ensuring food security for the nation.
In terms of industrial and mineral wealth, Chhattisgarh, Madhya Pradesh, and Odisha have leveraged their rich resources to drive industrial growth, while Maharashtra, Gujarat, and Karnataka have excelled in industrial and technological advancements, contributing significantly to the nation's GDP.
Tourism-centric states such as Kerala, Rajasthan, and Goa have capitalized on India's rich cultural heritage, boosting foreign exchange earnings and supporting the economy.
Infrastructure development and sustainability have been key focus areas in recent years. Tamil Nadu and Andhra Pradesh have made substantial progress in infrastructure projects, while Rajasthan and Gujarat have taken the lead in renewable energy initiatives, aligning with India's sustainable development goals.
Improved connectivity in the Northeastern states has transformed the region into a hub for trade and tourism, further strengthening its role in the national economy.
