Just 6 Indian cities finds place in Top 100 cities worldwideTop Stories

February 12, 2015 18:50
Just 6 Indian cities finds place Top 100 cities worldwide},{Just 6 Indian cities finds place Top 100 cities worldwide

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The Brookings Institution's 2014 Global Metro Monitor Map that measures and compares growth patterns in the world's 300 largest metro economies puts Delhi at 18th place, followed by Kolkata (among Indian cities) at 32nd. Mumbai (52) Chennai (57) Hyderabad (76) and Bengaluru (87), round up the Indian cities in the Top 100

China has 11 cities in the Top 20, and four in the Top 10. Surprisingly, Turkey has four in the Top 10, including Izmir, Istanbul, and Bursa stood at two, three and four respectively. Macau stood at number one place.

The report compares growth patterns in the world's 300 largest metro economies on two key economic indicators - annualized growth rate of real GDP per capita and annualized growth rate of employment.

There is increasing emphasis by planners in recent years on cities because, as the report shows, with only 20% of the population, the 300 largest metropolitan economies in the world accounted for nearly half of global output in 2014. Despite the dismal ranking of Indian cities, they have all improved on their rankings from the 2009-2014 period, pointing to better prospects.

80 percent of the top performers metropolitan economies are developing countries, particularly in Asia. The highest ranked developed western city is London at 26 and the top ranked US City is Austin at 38.

India has to develop in all dimensions mainly in economy and employment.

-Kannamsai

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