Thursday, 14 October 2010

Three Indian cities amongst World’s fastest- growing cities!


Three Indian cities are amongst the world's fastest-growing cities, says a Forbes report.
Most of the 'fastest-growing' in the world are predominantly in the Asian continent. As would be expected, as many as four Chinese cities find a place in the Forbes list.
The Forbes report focuses on 'emerging global powerhouses' that are experiencing a major economic boom, not just in the opportunities they are creating but also in terms of urbanisation as huge masses of population migrate to these centres from the rural hinterland.

Forbes, however, cautions that the study should not be seen as 'set in stone, although it provides an educated guess into which of the world's cities are best positioned' to grow rapidly in the coming years.

1. Ahmedabad

India's seventh largest city, Ahmedabad, is a major commercial hub in Gujarat, one of the fastest growing states in India and also one with the most business-friendly policies.
The city's economy is growing at breakneck speed and it houses major chemicals and pharmaceuticals companies.

2. Chennai


Chennai's growth has been nothing short of sensational in the recent years. It is the major hub of automobile industry in India -- dubbed the Detroit of Asia. It also houses major electronics and telecommunications equipment firms.
In recent times it has also seen a huge boost to its software services and hardware manufacturing sectors.

3. Bengaluru


The capital of Karnataka, Bengaluru is also called the Silicon Valley of India.
Hundreds of major IT corporations, both home-grown giants and multinational majors, have their headquarters in the city.

It has the country's fourth fastest growing FMCG markets, and is home to thousands of millionaires.



Source: Rediff

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