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General Knowledge of Assam - Complete Guide

What Are The Highest Revenue Earning Sources In Assam?

What Are The Highest Revenue Earning Sources In Assam? - General Knowledge of Assam
Assam is one of the richest states in North-East India in terms of natural resources, agriculture, and cultural heritage. Its economy is largely dependent on both traditional industries and modern economic activities. The following are the highest revenue-earning sectors of Assam in 2025:
  1. Petroleum and Natural Gas
    Assam is the pioneer in oil exploration in India, with Digboi being Asia’s first oil refinery. Petroleum and natural gas remain the highest revenue-generating sector for the state, contributing significantly to Assam’s economy and government earnings.

  2. Tea Industry
    Known as the Tea Capital of the World, Assam contributes more than 50% of India’s total tea production. Tea exports generate substantial foreign exchange and employment, making it the second-largest revenue source for the state.

  3. Tourism
    With world-famous sites like Kaziranga National Park, Manas National Park, Majuli Island, and Kamakhya Temple, tourism has emerged as a major revenue and employment sector. Cultural festivals and eco-tourism further boost Assam’s tourism income.

  4. Agriculture and Horticulture
    Agriculture forms the backbone of Assam’s rural economy. Crops like rice, mustard, jute, sugarcane, and fruits provide livelihood to millions, while exports of organic produce and horticultural items add to the state’s revenue.

  5. Forestry and Handloom Industry
    Assam’s forests provide valuable resources like timber, bamboo, and medicinal plants. Additionally, the handloom and sericulture sector, famous for Muga silk and Eri silk, plays a vital role in both revenue and cultural identity.

Sector-wise Revenue Share of Assam Economy (Approximate)

Rank Revenue Source Contribution to Assam's Economy (Approx. %) Key Highlights
1 Petroleum & Natural Gas 35% – 40% Oldest oil industry in India, Digboi refinery, ONGC & OIL major contributors
2 Tea Industry 20% – 22% Produces 50%+ of India’s tea, major export revenue earner
3 Agriculture & Horticulture 15% – 18% Rice, jute, mustard, horticultural crops, organic farming exports
4 Tourism 8% – 10% Kaziranga, Manas, Majuli, Kamakhya Temple boost cultural & eco-tourism
5 Forestry & Handloom 5% – 7% Bamboo, timber, medicinal plants, Muga & Eri silk, handloom crafts

Conclusion

The highest revenue earning sources of Assam – petroleum, tea, tourism, agriculture, and forestry – collectively strengthen the state’s economy and create employment opportunities. These sectors not only bring financial stability but also showcase Assam’s unique cultural and natural heritage to the world.