Rs.3,033,087 Crore! 28 Indian States Scoring Big In Tax Revenues

2. Andhra Pradesh Rs.323,369 crore ($59 billion)

Situated on the southern coast of India, Andhra Pradesh is also known as the ‘Rice Bowl of India’ and is the fourth largest state by area. For the financial year 2011-12, Andhra Pradesh had the second highest GDP (Gross Domestic Product).

Hyderabad and Vishakhapatnam are two major cities in Andhra Pradesh; Hyderabad being the capital city is also one of the largest IT hubs in India.

3. Uttar Pradesh Rs. 296,417 crore (US$54 billion)

According to the financial reports of 2011-12, Uttar Pradesh had the third largest economy in India. It had a Net State Domestic Product (NSDP) of Rs.708,000 crore ($130 billion).

Almost 70 percent of India’s total sugar production comes from Uttar Pradesh and it is also a major producer of wheat in India.

4. Tamil Nadu Rs. 296,417 crore ($54 billion)

Tamil Nadu, the second most industrialized state in India is the largest contributor to India’s total GDP and the fourth contributor of India’s total revenue.

When it comes to contributing to India’s total FDI, Tamil Nadu constitutes 9.12 percent. Maharashtra and Delhi holds the first two ranks.

Also Read: 7 Industry Honchos Comments On RBI's Credit Policy Business Lessons Learnt From Top Indian CEOs