According to the Savills Growth Hubs Index, Indian cities Delhi, Bengaluru, Mumbai, Hyderabad, and Pune have secured a place in the 15 fastest-growing urban centres in the world by 2033.
Bengaluru is in the first position on the list. It is followed by Ho Chi Minh City (Vietnam) in the second position. Delhi takes the third spot, with Shenzhen in China at fourth, and Hyderabad at five. Other cities in the top 10 include Hanoi (Vietnam), Guangzhou (China), Mumbai (India), Manila (Philippines), and Riyadh (Saudi Arabia).
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Notably, 14 of the top 15 cities on the list are located in Asia. The list is made by evaluating 230 cities across the globe and examines important factors like GDP growth, personal wealth expansion, population trends, and long-term economic resilience.
Bengaluru’s top ranking is because of its successful tech ecosystem and strong potential for GDP growth. On the other side, Delhi is expected to become the world’s most populous city by 2050.
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Being the financial capital of India, Mumbai boosts the global trade. Hyderabad and Pune are also a making mark in technology, life sciences, and advanced manufacturing sectors.
The report stated that Indian cities are expected to witness over 68% GDP growth by 2033. It was stated that rising disposable incomes and a growing middle class will fuel both spending and investment.