India’s new cities of opportunities listed

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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