Guwahati, May 21 -- By NE NOW NEWS

Guwahati: Meghalaya is among the Indian states that have shown strong economic growth over the last five years, according to a report published by wealth management firm Client Associates.

The report notes that this expansion reflects a broader redistribution of growth beyond India's long-established industrial powerhouses.

A five-year nominal GDP compound annual growth rate (CAGR) of 15.3 per cent has been recorded for Meghalaya, placing it above the national average, the study found. It further pointed out that although the state operates from a relatively small economic base, its percentage growth rate remains impressive.

For the period up to FY25, India's overall nominal GDP growth averaged 14.78...