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CEOWORLD magazine - Latest - Lifestyle and Travel - The World’s Richest Village in India is Powered by 65% of Non-Resident Indians

Lifestyle and TravelMoney and Wealth

The World’s Richest Village in India is Powered by 65% of Non-Resident Indians

Madhapar, a village in Gujarat’s Kutch district, has earned the distinction of being the world’s richest village, with approximately $600 million deposited across 17 banks. Home to 7,600 households, this prosperous village owes much of its economic success to its significant non-resident Indian (NRI) population.

Madhapar defies the image of a typical village, with modern amenities including health centers, schools, colleges, lakes, greenery, dams, and temples, showcasing its advanced infrastructure and high standard of living.

The village’s prosperity is largely driven by its NRI population, with 65% of its 92,000 residents living abroad, mainly in the United States, the United Kingdom, and Canada. The average deposit per household is estimated to be around $18,000, highlighting the village’s financial strength.

Despite living overseas, Madhapar’s NRIs remain closely connected to their roots. In 1968, the Madhapar Village Association was founded in London to maintain a sense of community among villagers wherever they reside.

 

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CEOWORLD magazine - Latest - Lifestyle and Travel - The World’s Richest Village in India is Powered by 65% of Non-Resident Indians
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz