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Home » Rising Wealth Across India
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Rising Wealth Across India

Wealth Distribution in India Shows Growth Across Multiple States in 2024
News DeskBy News Desk28 November 2024No Comments2 Mins Read
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The Hurun India Rich List 2024 reveals significant growth in the wealth of individuals across various states, highlighting a shift in economic activity and wealth creation since 2020.

  • Haryana: 40 entries
  • Uttar Pradesh: 36 entries
  • Rajasthan: 28 entries
  • Madhya Pradesh: 14 new entrants
  • Odisha: 5 new entrants
  • Chandigarh: 5 new entrants
  • Jharkhand: 3 new entrants
  • Uttarakhand: 3 new entrants

Karnataka ranks sixth with 108 entries, driven mainly by Bengaluru’s booming IT and startup sectors.

West Bengal saw 70 entries, showcasing Kolkata’s evolving business landscape.

Tamil Nadu has 119 entries, demonstrating its robust manufacturing base and diversified economy.

Telangana doubled its entries from 54 in 2020 to 109 in 2024, reflecting Hyderabad’s rise as a tech hub.

Gujarat ranks third with 129 wealthy residents, known for its thriving industries in diamonds, pharmaceuticals, and chemicals.

Delhi ranks second with 213 entries, highlighting its status as a major business hub.

Maharashtra retains its top position with 470 entries, largely due to Mumbai being India’s financial capital.

This distribution demonstrates broader economic development across India, indicating that wealth is becoming more evenly spread across various states rather than being confined to traditional financial centres. Despite these changes, the top three wealthy names have remained consistent since 2020.

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