India's top leading manufacturing states are Maharashtra and Gujarat. Recently, Gujarat left behind Maharashtra in the Manufacturing Hub.
According the data of RBI (Reserve Bank Of India); Now India's top leading Manufacturing state is Gujarat. It surprised everyone for bringing more FDI (Foreign Direct Investment). The FDI and business oppurtunity is best in the state now.
Gujrat GVA (Gross Value Added) is Rs 5.11 Lakh Crore now. It moving forward 15.8% from 2012 to 2020. Maharashtra GVA Rs 4.34 Lakh Crore now. The average growth rate declining than Gujarat.
Gujarat received a total FDI USD 30.23 billion in 2020-21. In the case of maharashtra, USD 22 billion in 2020-21.
Business clearances, Foreign direct investment, simplified labour norms, product linked incentive scheme, business land acquisition and standard class lifestyle promices are key factors for Gujarat's growth.
Tamil nadu, Karnataka and Uttar Pradesh hold on 3rd, 4th and 5th position in GVA. The Gross Value Added of these 3 states in order; Rs 3.42 Lakh Crore, Rs 2.1 Lakh Crore and Rs 1.87 Lakh Crore.
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