Gujarat has Asia's richest village: Every resident in this desert town has nearly Rs 22 lakh fixed deposit

Madhapur, located on the outskirts of Bhuj in Gujarat, is known as 'Asia's richest village.' The village, with a population of 32,000, has residents holding fixed deposits worth Rs 7,000 crore. This prosperity is largely due to the contributions of NRI families, primarily involved in the construction business abroad, who deposit significant amounts in local banks annually. The village benefits from robust infrastructure and a strong economy, reflecting the commitment of its expatriate community.