NEWS

India Sweeps Top Ten in List of World’s Fastest-Growing Cities

india-sweeps-top-ten-in-list-of-worlds-fastest-growing-cities

When it comes to the top 10 cities for economic growth, India is set to dominate over the next two decades, according to Oxford Economics.

 

Surat, a diamond processing and trading center in the western state of Gujarat, will see the fastest expansion through 2035, averaging more than 9 percent, Richard Holt, Oxford’s head of global cities research, wrote in a report. All of the 10 fastest over that period will be in India.

In Pics: Countries that offer best salary packages

Where in the world do people earn the most?: The Institute for Management Development (IMD) World Talent Ranking assesses 'the extent to which countries develop, attract and retain talent'. We have crunched the numbers from this report showing how much services professionals and management level workers are paid around the world to find the top 30 countries with the highest average annual salaries. Here's where you need to move to earn the most. All salary figures include bonuses and incentives.

While economic output in many of those Indian cities will remain rather small in comparison to the world’s biggest metropolises, aggregated gross domestic product of all Asian cities will exceed that of all North American and European urban centers combined in 2027. By 2035, it will be 17 percent higher, with the largest contribution coming from Chinese cities.

a screenshot of a cell phone: India's Dominance© Bloomberg India’s Dominance

Little will change at the top of the list of the world’s biggest cities between now and 2035.

New York, Tokyo, Los Angeles and London will defend their spots as Shanghai and Beijing — each boasting more than 20 million people — surpass Paris and Chicago. Guangzhou and Shenzhen in Southern China will also make the top 10, crowding out Hong Kong.

a screenshot of a cell phone: Largest Cities©

Bloomberg Largest Cities

The fastest-growing African city is the Tanzanian port of Dar es Salaam, while the top spot in Europe is held by the Armenian capital of Yerevan, according to the report. San Jose — a proxy for Silicon Valley — will be best performer in North America.

Source :

MSN

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top