Mumbai: Maharashtra has once again secured the fifth position among Indian states in per capita income, with neighbouring Gujarat continuing to hold an edge over it.
As per the Economic Survey for 2025-26, Maharashtra’s per capita state income stood at Rs 3,17,801 in the revised estimates for 2024-25. For the current financial year 2025-26, this figure is projected to rise to Rs 3,47,903, though this remains a preliminary estimate pending final confirmation in the next financial year. The state has held this fifth position consistently for several years now.
Telangana leads the national rankings for the third consecutive year with a per capita income of Rs 3,87,623 in 2024-25, followed by Karnataka at Rs 3,80,906, Tamil Nadu at Rs 3,61,619, Gujarat at Rs 3,27,195, Maharashtra at Rs 3,17,801, and Andhra Pradesh at Rs 2,66,240.
At the national level, the average per capita income is estimated at Rs 2,19,000 for the current year, up from Rs 2,05,000 the previous year. Maharashtra’s projected income of Rs 3,47,000 remains well above this national benchmark.
However, beneath the state average lies a stark regional divide. Seven districts — Mumbai City and Suburbs, Thane, Pune, Nagpur, Raigad, and Kolhapur — report per capita income exceeding Rs 3 lakh. A larger cluster of districts including Sangli, Sindhudurg, Nashik, Solapur, Chhatrapati Sambhajinagar, Ratnagiri, Satara, Ahilyanagar, Wardha, Chandrapur, Latur, Dhule, Akola, Bhandara, Amravati, Dharashiv, and Jalgaon fall in the Rs 2 lakh to Rs 3 lakh range. Districts such as Gondia, Beed, Jalna, Nanded, Parbhani, Yavatmal, Hingoli, Buldhana, Washim, Gadchiroli, and Nandurbar record per capita income below Rs 2 lakh, highlighting the need for more targeted regional development.
Maharashtra continues to rank among India’s most dynamic and diversified economies, with its strength rooted in agriculture, industry and services. Mumbai anchors the state as the country’s financial capital, while Pune, Nashik, Nagpur, Chhatrapati Sambhajinagar and Amravati have emerged as significant growth engines contributing to output, investment and employment at the national level.
The Economic Survey further notes that the state has seen accelerated infrastructure development in recent years, with major investments flowing into roads, metro networks, ports, airports, industrial corridors and logistics infrastructure. Business-friendly reforms, digital governance initiatives and sector-specific policies have further sharpened Maharashtra’s competitive standing.
With a sustained focus on sustainable development, industrial modernisation and inclusive growth, Maharashtra continues to reinforce its appeal as a top destination for both domestic and international investors.
With inputs from IANS