Nagpur Economy

 Nagpur Economy



Nagpur is the third largest city in the Indian state of Maharashtra. It is the 13th largest city in India by population. Nagpur is projected to be the fifth fastest growing city in the world from 2019 to 2035.

Nagpur is the main center of commerce in the Vidarbha region. It is an important trading location and has been ranked 11th most competitive city in the country.


Nagpur has a nominal GDP of ₹153,027 crore (US$19 billion) for 2021-22. The GDP per capita is ₹246,750 (US$3,100).

Nagpur has a significant locational advantage because it is in the geographical center of India and is well-connected to major cities across the country.

Nagpur has huge natural resources including minerals and agri-produce. About 47% of Maharashtra state's power is generated around Nagpur. One of the largest Industrial Estates of Asia is located at Butibori near Nagpur.

Nagpur is positioned to become India's next major IT hub. Infosys and TCS have already established campuses in the vicinity of MIHAN.



Pankaj Mandape

04/09/2023

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