Madhapar Village Holds Rs 7,000 Crore in FDs, Earns Title of India's Richest Village
Madhapar, a village in Gujarat, has accumulated approximately Rs 7,000 crore in fixed deposits across its 17 bank branches, earning it a reputation as India's wealthiest village. A longstanding tradition of emigration has played a central role in this financial prosperity, with residents abroad regularly remitting money to their families back home. This steady inflow of foreign remittances has spanned multiple generations, creating a strong culture of savings and investment within the community. Over time, the wealth generated has fuelled significant infrastructure development, giving the village access to amenities typically associated with urban centres.
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