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A village in Kutch stands out as the world’s richest: Right here’s what constructed its ₹5,000 crore wealth

whysavetoday by whysavetoday
August 30, 2025
in Business
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A village in Kutch stands out as the world’s richest: Right here’s what constructed its ₹5,000 crore wealth
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India could now be dwelling to the richest village on the earth—and it’s not the place you’d count on. Madhapar, a small village in Gujarat’s Kutch area, holds over ₹5,000 crore in financial institution deposits throughout simply 17 branches, in response to a LinkedIn put up by funding banker Sarthak Ahuja. 

That’s a mean of ₹15–20 lakh per family—principally due to its international diaspora.

Madhapar, populated largely by Patels and Mistris, has develop into a monetary outlier. What units it aside isn’t simply native enterprise—however an enormous, multi-continent community of NRIs. Over 65% of its inhabitants lives overseas, primarily within the UK, US, and throughout Africa, particularly within the development sector.

What’s exceptional is that these NRIs haven’t simply left Madhapar behind—they’ve constructed its monetary base. Many years after emigrating, many nonetheless ship common remittances, fund mounted deposits, and preserve long-term accounts within the village’s banks. This sustained influx has helped Madhapar quietly amass one of many largest per capita deposit bases globally.

In line with public information cited in monetary media and verified by means of native financial institution officers, the ₹5,000 crore determine comes from aggregating deposits throughout all 17 banks within the village. With roughly 7,600 households, the per-family common falls within the ₹15–20 lakh vary. Notably, this excludes company or enterprise accounts—focusing solely on particular person and household financial savings.

The size and sustainability of those deposits make Madhapar not only a rich outlier, however a case examine in diaspora-driven improvement. Ahuja calls it “a traditional case of being true to your motherland, whereas incomes overseas.”

The broader affect is obvious: the Gujarati neighborhood ranks amongst India’s high remitters of FDI and personal inflows, usually channeled straight into households, financial savings, and small companies—not simply actual property or equities.

Madhapar’s wealth isn’t constructed on unicorn startups or IT parks—it’s constructed on loyalty, remittances, and a quiet monetary self-discipline that’s turned a village into a world standout.

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Tags: builtcroreHeresKutchrichestvillagewealthWorlds
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