Gujarat has Asia's richest village

Bank deposits exceeding ₹7,000 crore and strong participation from Non-Resident Indians (NRIs) have propelled Madhapar village far beyond the ordinary, earning it the title of Asia’s Richest Village. Nestled in Gujarat’s Kutch district, Madhapar may appear modest at first glance, but it has drawn national and international attention for its extraordinary financial achievements. Despite its small size, the village has become a symbol of rural prosperity, with residents collectively holding fixed deposits worth more than ₹7,000 crore.

Madhapar’s economic success is not the result of sudden wealth or windfall gains. Instead, it reflects decades of disciplined savings, prudent investments, and a strong culture of financial planning among its residents. According to reports, the village is home to around 32,000 people who together own assets valued at approximately ₹7,000 crore.

A majority of Madhapar’s population belongs to the Patel community, which has traditionally emphasized education, entrepreneurship, and long-term financial security.

Strong NRI Contribution

One of the most striking aspects of Madhapar’s prosperity is the significant contribution from Non-Resident Indians. A large number of villagers live and work abroad, particularly in countries such as the United States, the United Kingdom, Canada, and parts of Africa. These NRIs regularly deposit substantial amounts of money in local banks and post offices, strengthening the village’s financial base.

Despite being a village, Madhapar has an impressive banking network. It is home to 17 banks, including major institutions such as Axis Bank, HDFC Bank, ICICI Bank, and Union Bank. This strong banking presence highlights the scale of financial activity in the region.

Along with financial prosperity, Madhapar also enjoys modern infrastructure and civic facilities. The village has well-developed schools, parks, roads, and reliable water supply systems, reflecting how economic growth has translated into an improved quality of life for residents.

Gujarat is widely known as one of India’s leading commercial and industrial hubs, home to some of the country’s top industrialists. However, Madhapar stands as a powerful example that economic success is not confined to cities alone. Its wealth and unique financial standing underline the impact of global connections and the commitment of its diaspora community.

With massive bank deposits, strong NRI participation, and sustained financial discipline, Madhapar has secured a remarkable position on Asia’s economic map, redefining what rural prosperity can look like in modern India.