As per new report of Oxford Economics; all top 10 fastest growing cities in world lie in India. This report is based on annual GDP of the cities. Surat is at number one spot with its flourishing diamond processing and trading business which has claimed top spot with over 9% GDP growth. The list has more Indian cities like Agra, Bengaluru, Hyderabad, Nagpur and more.
Below is the table showing top 10 fastest growing cities in world.
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.
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.
Source: Bloomberg, Oxford Economics