North Indian Ocean (NIO), which comprises of Bay of Bengal (BoB) and Arabian Sea (AS) basins, is one of the highly potential regions for Tropical Cyclones (TCs) in the world. Significant improvements have been achieved in the prediction of the movement of TCs, since the last decade. However, the prediction of sudden intensity changes becomes a challenging task for the research and operational meteorologists. Hence, the present study focuses on finding the climatological characteristics of such intensity changes over NIO regions. Rapid Intensification (RI) is defined as the 24-h maximum sustained surface wind speed rate equal to 30 knots (15.4 ms−1). The results suggest that the TCs formed over the NIO basin are both seasonal and basin sensitive. Since 2000, a significant trend is observed in RI TCs over the basin. At least one among three cyclones getting intensified is of RI category. More number of RI cases have been identified in the BoB basin than the AS. The post-monsoon season holds more RI and rapid decay cases, with 63% and 90% contribution. Most of the TCs are attaining RI onset in their initial stage. Further, India is receiving more landfalling RI TCs, followed by Bangladesh and Oman. The east coast of India, Tamil Nadu, and Andhra Pradesh are the most vulnerable states to these RI TCs. The cyclogenesis locations associated with RI cases hold higher moisture, and sea surface temperature as compared to the Non-RI cases.