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, reported ceoworld.biz. Home to 7,600 households, this prosperous village owes much of its economic success to its significant non-resident Indian (NRI) population.
Madhapar is not a typical village. It has 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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