Bangalore: Bangaloreans, be proud of yourselves. Because you are living in one of the world's fastest-growing cities.
Three Indian cities-- Ahmedabad, Bangalore and Chennai--have been listed among the world's fastest-growing cities by Forbes magazine. It also called Gujarat the "most market-oriented and business-friendly" among Indian states.
"The urban powerhouses of the next decade aren't behemoths like New York or Mumbai, but smaller cities like Chongqing, China; Santiago, Chile; and Austin, Texas," it says shifting its focus from established global centres like New York, London, Paris, Hong Kong or Tokyo. "Its (India's) rising urban centres include Bangalore (home of Infosys and Wipro), Ahmedabad (whose per-capita incomes are twice that of the rest of India) and Chennai (which has created 1,00,000 jobs this year). Many of India's key industries-- auto manufacturing, software and entertainment-- are establishing themselves in these cities," it says.
Most of the fastest-growing in the world are mostly in the Asian continent and the economy of these cities is growing at a breakneck speed, it says.
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Three Indian cities-- Ahmedabad, Bangalore and Chennai--have been listed among the world's fastest-growing cities by Forbes magazine. It also called Gujarat the "most market-oriented and business-friendly" among Indian states.
"The urban powerhouses of the next decade aren't behemoths like New York or Mumbai, but smaller cities like Chongqing, China; Santiago, Chile; and Austin, Texas," it says shifting its focus from established global centres like New York, London, Paris, Hong Kong or Tokyo. "Its (India's) rising urban centres include Bangalore (home of Infosys and Wipro), Ahmedabad (whose per-capita incomes are twice that of the rest of India) and Chennai (which has created 1,00,000 jobs this year). Many of India's key industries-- auto manufacturing, software and entertainment-- are establishing themselves in these cities," it says.
Copyright restricted. Under license from www.3dsyndication.com
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