India’s new cities of opportunities listed
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Last Updated: Thursday, February 17, 2011, 23:37
  
Bangalore: Households in Agra and Jalandhar earn more than India's average urban homes turning them into 'cities of opportunities', says a survey.

Among others are Aurangabad, Bhubhaneshwar and Raipur that have scope to be more vibrant, according to AlphaWise Evidence Series report, on India Urbanisation -- a new publication that surveys the top 200 cities in India by population -- by Morgan Stanley.

The report, released today, reveals that Bangalore, Hyderabad and Pune are the most vibrant cities among the top 50 cities in India.

Tier II cities like Mysore and Meerut feature in the top 10 cities, while Mumbai ranks 21st among India's top 50 cities.

To be updated quarterly, the survey, measures the key drivers of urbanisation such as physical infrastructure, financial penetration, consumer services and job listings, the company said.

"The index helps investors evaluate companies' strategic positioning in urban centres and monitor sector trends over time. It also acts as a guide on the relative level of urbanisation across India's top cities," it said.

PTI


First Published: Thursday, February 17, 2011, 23:37


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