India's Top 10 cities
If you have been reading for the Nielsen report for the Country’s
top urban centers, this one’s even one ste ahead in mapping the affluent
consumer centers in the coming decade. take a look. it’s mostly
bangalore, ahmedabad and some surprises:
India’s 10 Fastest Growing Cities
M. Tharini
Thursday, 29 January 2009 00:00
A lot has been commented about India’s vigorous economic growth with economists forecasting a bright future for the country. But some know of the growing Indian cities that are feeding to the nation’s growth. So =
which are the country’s fastest growing cities? Read on to find out.
M. Tharini
Thursday, 29 January 2009 00:00
A lot has been commented about India’s vigorous economic growth with economists forecasting a bright future for the country. But some know of the growing Indian cities that are feeding to the nation’s growth. So =
which are the country’s fastest growing cities? Read on to find out.
SURAT – Growth rate 11.5% – Surat is Gujarat=92s 2nd biggest =
city with a population of 4 million. It is the fastest growing Indian =
city in terms of economic prosperity. The city has met an annualized GDP =
growth rate of 11.5 % over the past 7 fiscal years, as per the data =
computed by economic research firm Indicus Analytics. Popular for its =
thriving diamond and textile industry, Surat is located on the banks of =
the Tapti River. Over 90 % of world=92s diamonds are cut and shined =
here. These 2 industries have hugely shared to the city=92s growth as =
the economic powerhouse of India. Though always affected by floods and =
earthquakes, the city has often come out on top. Enhanced infrastructure =
has been significant to Surat=92s quick rise. A number of elevated roads =
and flyovers have contributed the thriving diamond and textile business =
of the city. The city=92s Varachcha flyover is claimed to be India=92s =
longest. Surat with its low unemployment rates, high job rates and one =
of the highest per capita small business Credit is the best land for =
jobs and business. It is told that if you wish to make money, Surat is =
the place to be in.
BANGALORE – Growth rate 10.3% – What was =
knows as the Pensioners=92 Paradise 10 years back, has emerged 10-fold =
now and a study states that the rupee millionaire club in Karnataka=92s =
capital is the most crowded in India. Bangalore also boasts of owing the =
largest number of households with an annual income of Rs 10 lakhs (Rs 1 =
million) or more. With an estimated population of 6.5 million, Bangalore =
is 1 of India=92s most populous cities. How has this city which was more =
popular for its gardens and laidback lifestyle modified so much in =
character? The 2 reasons that come to every Bangalorean=92s mind are: =
the start of the IT industry, and subsequently the boom in real estate =
prices. Unlike other cities in India, Bangalore=92s main activity is =
information technology and information technology-enabled services. =
Being the prominent contributor to India=92s IT industry, the city is =
always referred to as the Silicon Valley of India. Software majors =
Infosys and Wipro being headquartered in the city, Bangalore contributed =
33 % of India=92s Rs 144,214 crore ($ 32 billion) IT exports in 2006-07. =
Businesses comprising large corporate tehat are either multinational =
companies or Indian firms dealing with or serving to MNCs recruit a very =
large workforce in Bangalore. And although the city=92s infrastructure =
has been unable to stay pace with the fast growth of the city, Bangalore =
still remains one of India=92s boom =
towns.
knows as the Pensioners=92 Paradise 10 years back, has emerged 10-fold =
now and a study states that the rupee millionaire club in Karnataka=92s =
capital is the most crowded in India. Bangalore also boasts of owing the =
largest number of households with an annual income of Rs 10 lakhs (Rs 1 =
million) or more. With an estimated population of 6.5 million, Bangalore =
is 1 of India=92s most populous cities. How has this city which was more =
popular for its gardens and laidback lifestyle modified so much in =
character? The 2 reasons that come to every Bangalorean=92s mind are: =
the start of the IT industry, and subsequently the boom in real estate =
prices. Unlike other cities in India, Bangalore=92s main activity is =
information technology and information technology-enabled services. =
Being the prominent contributor to India=92s IT industry, the city is =
always referred to as the Silicon Valley of India. Software majors =
Infosys and Wipro being headquartered in the city, Bangalore contributed =
33 % of India=92s Rs 144,214 crore ($ 32 billion) IT exports in 2006-07. =
Businesses comprising large corporate tehat are either multinational =
companies or Indian firms dealing with or serving to MNCs recruit a very =
large workforce in Bangalore. And although the city=92s infrastructure =
has been unable to stay pace with the fast growth of the city, Bangalore =
still remains one of India=92s boom =
towns.
AHMEDABAD – Growth rate 10.1% The – Ahmedabad =
region, comprising Gandhinagar, of Gujarat is the biggest inland =
industrial centre in western India and has been a significant base of =
commerce, trade and industry. With a population of 56 lakh (5.6 million) =
Ahmedabad has kept great prosperity because of its proximity to Surat =
and its access to the hinterland of Gujarat. Though dusty roads and =
bungalows used to cover the city once, Ahmedabad is now evident a major =
construction boom and a rise in population. In recent years, the city =
has seen an important rise in information technology and scientific =
industries. Apart from these, chemicals and pharmaceutical industries =
share to the state=92s economic growth, with 2 of the biggest =
pharmaceutical companies of India =97 Zydus Cadila and Torrent =
Pharmaceuticals being based here. Ahmedabad also forms the corporate =
headquarter of the Nirma group of industries and Adani group. Of late, =
several foreign companies have plan up their units here. Among them, =
Bosch Rexroth of Germany, Stork and Rollepaal of Netherlands deserve =
valuable mention.
region, comprising Gandhinagar, of Gujarat is the biggest inland =
industrial centre in western India and has been a significant base of =
commerce, trade and industry. With a population of 56 lakh (5.6 million) =
Ahmedabad has kept great prosperity because of its proximity to Surat =
and its access to the hinterland of Gujarat. Though dusty roads and =
bungalows used to cover the city once, Ahmedabad is now evident a major =
construction boom and a rise in population. In recent years, the city =
has seen an important rise in information technology and scientific =
industries. Apart from these, chemicals and pharmaceutical industries =
share to the state=92s economic growth, with 2 of the biggest =
pharmaceutical companies of India =97 Zydus Cadila and Torrent =
Pharmaceuticals being based here. Ahmedabad also forms the corporate =
headquarter of the Nirma group of industries and Adani group. Of late, =
several foreign companies have plan up their units here. Among them, =
Bosch Rexroth of Germany, Stork and Rollepaal of Netherlands deserve =
valuable mention.
MUMBAI – Growth rate: 8.5% – The commercial =
capital of India is one of the world=92s top 10 trade centers. The city =
aids 25 % of industrial output and 70 % of capital transactions to =
India=92s economy. The city response for about 1 % of the total =
population in India but has a per capita income which is almost 3 times =
that of India. Mumbai accounts for 14 % of India=92s income tax =
collections and 37 % of the corporate tax collections in the country. =
The city is the berth of important financial institutions like the =
Reserve Bank of India, Bombay Stock Exchange and the National Stock =
Exchange of India. One of the biggest special economic zones in India is =
being set up in Navi Mumbai, to be sprawl over an area of around 50 =
square kilometers. Many corporate and multinational companies have their =
headquarters in the city that earns migrants from all around India. The =
city provides countless employment opportunities and is famous for its =
interesting and high standard of living. The city, with a population of =
19 million, is also called as the Indian seat of entertainment as it is =
the home to the Hindi film industry, the biggest in the world. Most of =
the city=92s inhabitants depend on public transport to commute. =
Transport systems in Mumbai comprise the Mumbai suburban railway, also =
known as the lifeline of Mumbai, BEST buses, taxis and auto =
rickshaws.
capital of India is one of the world=92s top 10 trade centers. The city =
aids 25 % of industrial output and 70 % of capital transactions to =
India=92s economy. The city response for about 1 % of the total =
population in India but has a per capita income which is almost 3 times =
that of India. Mumbai accounts for 14 % of India=92s income tax =
collections and 37 % of the corporate tax collections in the country. =
The city is the berth of important financial institutions like the =
Reserve Bank of India, Bombay Stock Exchange and the National Stock =
Exchange of India. One of the biggest special economic zones in India is =
being set up in Navi Mumbai, to be sprawl over an area of around 50 =
square kilometers. Many corporate and multinational companies have their =
headquarters in the city that earns migrants from all around India. The =
city provides countless employment opportunities and is famous for its =
interesting and high standard of living. The city, with a population of =
19 million, is also called as the Indian seat of entertainment as it is =
the home to the Hindi film industry, the biggest in the world. Most of =
the city=92s inhabitants depend on public transport to commute. =
Transport systems in Mumbai comprise the Mumbai suburban railway, also =
known as the lifeline of Mumbai, BEST buses, taxis and auto =
rickshaws.
NEW DELHI – Growth rate: 8.4% – Though it =
can=92t match Mumbai in terms of contribution to the growth of the =
Indian economy, the capital of India, is no pushover. Delhi=92s, =
(comprising its 9 districts and adjoining Noida, Ghaziabad, Faridabad =
and Gurgaon) total GDP stood at Rs 1,60,739 crore (Rs 1,607.39 billion). =
It shares 4.94 % to all-India GDP. Connaught Place, one of northern =
India=92s biggest financial centres, is situated in the heart of Delhi. =
Being a vital commercial centre in South Asia, Delhi has a per capita =
income of Rs 53,976, which is more than double the national average. =
Delhi=92s main service industries, supported by as strong and well laid =
out infrastructure, add hotels, banking, IT, telecommunications, media =
and tourism. In recent times, Delhi=92s manufacturing industry has =
emerged considerably and consumer goods industries have established =
manufacturing units and headquarters in and around the capital. =
Construction, health, power, telecommunications, community services, and =
real estate form the backbone of Delhi=92s economy. The capital=92s =
retail industry is 1 of the fastest growing industries in India. Public =
transport in Delhi includes buses, auto rickshaws, taxis, suburban =
railways and metro rail.
can=92t match Mumbai in terms of contribution to the growth of the =
Indian economy, the capital of India, is no pushover. Delhi=92s, =
(comprising its 9 districts and adjoining Noida, Ghaziabad, Faridabad =
and Gurgaon) total GDP stood at Rs 1,60,739 crore (Rs 1,607.39 billion). =
It shares 4.94 % to all-India GDP. Connaught Place, one of northern =
India=92s biggest financial centres, is situated in the heart of Delhi. =
Being a vital commercial centre in South Asia, Delhi has a per capita =
income of Rs 53,976, which is more than double the national average. =
Delhi=92s main service industries, supported by as strong and well laid =
out infrastructure, add hotels, banking, IT, telecommunications, media =
and tourism. In recent times, Delhi=92s manufacturing industry has =
emerged considerably and consumer goods industries have established =
manufacturing units and headquarters in and around the capital. =
Construction, health, power, telecommunications, community services, and =
real estate form the backbone of Delhi=92s economy. The capital=92s =
retail industry is 1 of the fastest growing industries in India. Public =
transport in Delhi includes buses, auto rickshaws, taxis, suburban =
railways and metro rail.
HYDERABAD – Growth rate: 7.8% Hyderabad, the =
financial capital of Andhra Pradesh, is also called as the city of =
pearls. With an estimated population of 7 million, the city is the =
biggest contributor to Andhra Pradesh=92s gross domestic product, state =
tax and excise revenues. As per 2006 statistics, the per capita income =
of Andhra Pradesh was at Rs 25,625 (less than Rs 200 of national =
average). The city, which utilized to be primarily a service city, is =
presently the seat of several businesses, adding trade, communication, =
transport, commerce, storage, and lately IT. Like Bangalore, Hyderabad =
also has witnessed a real estate boom in recent times, mainly because of =
the growth of IT and retail business in the city. Major pharmaceutical =
companies such as Dr Reddy=92s Laboratories, Matrix Laboratories, =
Aurobindo Pharma Limited and Vimta Labs are landed here. Hyderabad has =
also done considerable results in the field of bio-technology through =
initiatives like Genome Valley and Nanotechnology Park. For the =
advancement of infrastructure in the city, the Andhra Pradesh government =
is building a skyscraper business district at =
Manchirevula
financial capital of Andhra Pradesh, is also called as the city of =
pearls. With an estimated population of 7 million, the city is the =
biggest contributor to Andhra Pradesh=92s gross domestic product, state =
tax and excise revenues. As per 2006 statistics, the per capita income =
of Andhra Pradesh was at Rs 25,625 (less than Rs 200 of national =
average). The city, which utilized to be primarily a service city, is =
presently the seat of several businesses, adding trade, communication, =
transport, commerce, storage, and lately IT. Like Bangalore, Hyderabad =
also has witnessed a real estate boom in recent times, mainly because of =
the growth of IT and retail business in the city. Major pharmaceutical =
companies such as Dr Reddy=92s Laboratories, Matrix Laboratories, =
Aurobindo Pharma Limited and Vimta Labs are landed here. Hyderabad has =
also done considerable results in the field of bio-technology through =
initiatives like Genome Valley and Nanotechnology Park. For the =
advancement of infrastructure in the city, the Andhra Pradesh government =
is building a skyscraper business district at =
Manchirevula
PUNE – Growth rate: 7.4% – The growth of this =
major industrial city, situated roughly 150 km east of Mumbai, has =
turned the topic of discussion these days. Right from automobile majors =
such as Tata Motors, DaimlerChrysler, Pune will soon house units of =
international biggies such as General Motors, Volkswagen, Fiat, et =
cetera. A number of significant engineering goods industries like =
Cummins Engines Co Ltd and Bharat Forge Ltd, electronic goods companies =
like LG, Whirlpool, food companies like Frito Lay and Coca Cola are also =
put here. Of late, Pune=92s software industry has grown by leaps and =
bounds. IT parks like Rajiv Gandhi IT Park at Hinjewadi, Magarpatta =
Cybercity, MIDC Software Technology Park at Talawade, Marisoft IT Park =
at Kalyani Nagar are seats of technology that the city can boast of. To =
face the demands of this explosive economic growth in Pune, the state of =
Maharashtra is planning a 1,000 MW power plant to uniquely service to =
the requirement of Pune. MIDC is the lead agency for the =
project.
major industrial city, situated roughly 150 km east of Mumbai, has =
turned the topic of discussion these days. Right from automobile majors =
such as Tata Motors, DaimlerChrysler, Pune will soon house units of =
international biggies such as General Motors, Volkswagen, Fiat, et =
cetera. A number of significant engineering goods industries like =
Cummins Engines Co Ltd and Bharat Forge Ltd, electronic goods companies =
like LG, Whirlpool, food companies like Frito Lay and Coca Cola are also =
put here. Of late, Pune=92s software industry has grown by leaps and =
bounds. IT parks like Rajiv Gandhi IT Park at Hinjewadi, Magarpatta =
Cybercity, MIDC Software Technology Park at Talawade, Marisoft IT Park =
at Kalyani Nagar are seats of technology that the city can boast of. To =
face the demands of this explosive economic growth in Pune, the state of =
Maharashtra is planning a 1,000 MW power plant to uniquely service to =
the requirement of Pune. MIDC is the lead agency for the =
project.
BARDHAMAN – Growth rate: 6.6% – Located =
nearly 100 km north-west of Kolkata, Bardhaman is headquarter of the =
district of the same name. With about 58 % of the population gaining =
their livelihood from agriculture, Bardhaman has received the name of =
=91granary of West Bengal=92. Rice grown in the area is supplied to =
different parts of India and also exported to the neighboring countries. =
Though predominantly an agricultural area, Bardhaman also houses a =
number of industries supported mainly by rich mineral sources available =
in the area and also imported from the neighboring Indian states of =
Bihar, Orissa and Assam. The industrial belt of Bardhaman has mainly =
developed embracing the Asansol and Durgapur sub-division. 2 most =
pioneer industrial units of the area are Durgapur Steel Plant and =
Durgapur Alloy Steel Plant. Other industries that thrive in the area =
consisting coal-based industries, chemicals and power plants. The =
Damodar Valley Project has gone a long away in getting the irrigational =
need of the region. Indian Iron and Steel Industry (IISCO) form the =
economic backbone of Asansol area. It is the oldest pig iron and iron =
casting unit in India. Chittranjan Locomotive, a government undertaking, =
supplies locomotive parts all around India. Many cottage industries have =
also developed in the area that support the area=92s rural =
economy.
nearly 100 km north-west of Kolkata, Bardhaman is headquarter of the =
district of the same name. With about 58 % of the population gaining =
their livelihood from agriculture, Bardhaman has received the name of =
=91granary of West Bengal=92. Rice grown in the area is supplied to =
different parts of India and also exported to the neighboring countries. =
Though predominantly an agricultural area, Bardhaman also houses a =
number of industries supported mainly by rich mineral sources available =
in the area and also imported from the neighboring Indian states of =
Bihar, Orissa and Assam. The industrial belt of Bardhaman has mainly =
developed embracing the Asansol and Durgapur sub-division. 2 most =
pioneer industrial units of the area are Durgapur Steel Plant and =
Durgapur Alloy Steel Plant. Other industries that thrive in the area =
consisting coal-based industries, chemicals and power plants. The =
Damodar Valley Project has gone a long away in getting the irrigational =
need of the region. Indian Iron and Steel Industry (IISCO) form the =
economic backbone of Asansol area. It is the oldest pig iron and iron =
casting unit in India. Chittranjan Locomotive, a government undertaking, =
supplies locomotive parts all around India. Many cottage industries have =
also developed in the area that support the area=92s rural =
economy.
KOLKATA – Growth rate: 6.3% – Often termed =
lovingly as the cultural headquarter of India, the capital of West =
Bengal has a population of 5 million. Like its several other =
metropolitan cousins, Kolkata incurred from economic stagnation in =
post-independence India. However, since 2000, the city has evidenced an =
economic rejuvenation, thanks to the development of IT industry in =
Rajarhat in Greater Kolkata. The city=92s IT sector is developing at 70 =
% annually =96 double that of the national average. The city has seen a =
surge of investments in the housing infrastructure sector. Many new =
projects have come up in recent times. Some reputed companies are =
headquartered here. Of them, ITC Limited, Birla Corporation, Bata India, =
Domodar Valley Corporation deserves special mention. Opening of the =
Nathu La in Sikkim as a trade route has put Kolkata in an beneficial =
position. Like other metropolitan cities of India, Kolkata continues to =
struggle with problems such as poverty, pollution and traffic =
congestion.
lovingly as the cultural headquarter of India, the capital of West =
Bengal has a population of 5 million. Like its several other =
metropolitan cousins, Kolkata incurred from economic stagnation in =
post-independence India. However, since 2000, the city has evidenced an =
economic rejuvenation, thanks to the development of IT industry in =
Rajarhat in Greater Kolkata. The city=92s IT sector is developing at 70 =
% annually =96 double that of the national average. The city has seen a =
surge of investments in the housing infrastructure sector. Many new =
projects have come up in recent times. Some reputed companies are =
headquartered here. Of them, ITC Limited, Birla Corporation, Bata India, =
Domodar Valley Corporation deserves special mention. Opening of the =
Nathu La in Sikkim as a trade route has put Kolkata in an beneficial =
position. Like other metropolitan cities of India, Kolkata continues to =
struggle with problems such as poverty, pollution and traffic =
congestion.
CHENNAI – Growth rate: 6.2% – The capital =
of Tamil Nadu, the 4th largest metropolitan city in India, has an =
estimated population of 7.5 million. The economy of the city is aided by =
industries like automobile, technology, hardware manufacturing, and =
healthcare. As per recent report in The Hindu, economists have =
forecasted that Chennai=92s per capita income would rise from $468 in =
2000 to $1149 in 2015 and $17,366 in 2050. The city houses India=92s =
major automobile companies and happens to be India=92s second-largest =
exporter of information technology and information-technology-enabled =
services, after Bangalore. Buses, trains, and auto rickshaws are the =
most general form of transport within the city. To counter traffic =
congestion, the state government of Tamil Nadu is building a number of =
flyovers at significant =
intersections.
[Tags India Infrastructure, Retail Lifestyle, Lifestyle =
Economy]
Economy]
[Category India, Lifestyle]
=
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