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Maharashtra, Gujarat, and Karnataka Top CareEdge State Rankings for 2025.

National | Dated: 03 May 2025

In April 2025, Mumbai (Maharashtra)-based CareEdge Ratings (formerly CARE Ratings Ltd) released the second edition of its State Rankings, with Maharashtra securing the top position in the overall composite rankings with a score of 56.5, followed by Gujarat (52.4) and Karnataka (51.9).

🎯 Key Highlights:

  • - The ranking provides a quantitative assessment of Indian states based on their potential for sustainable and equitable growth, reflecting the investment attractiveness of each state. The first edition was published in 2023.

💡 Other Important Facts:

  • (i) States are evaluated across seven core pillars: Economic, Fiscal, Infrastructure, Financial Development, Social, Governance, and Environment. These pillars together encompass a total of 50 performance indicators, offering a comprehensive measure of a state's progress and investment potential.
  • (ii) Western and Southern states dominated the top five rankings. Western states stood out for their strong performance in economic and fiscal areas, while southern states excelled in governance, environmental sustainability, and social development indicators.
  • (iii) In the North-East, Hilly & Small States (Group B) category, Goa topped the rankings.

📚 Test Your Knowledge:

Recently,Which state topped the CareEdge Ratings State Rankings 2025 in overall composite score?

Correct Answer: Maharashtra

🚀 Quick Recap:

About CareEdge Ratings

  • About CareEdge Ratings: Chairman: Najib Shah
  • Headquarter : Mumbai