India is considered as a standout amongst the most developed nations on the planet. In the only remaining century, an expansive number of innovative urban communities developed in India, on account of their upset innovation and amazing labor. The quantity of most exceptional urban areas in India is expanding, thanks to the giant internet companies and startup environment.
A large skilled labor force, growth in manufacturing sectors and considerable foreign investments rank India as one of the fastest-growing economies in the world. Below listed are India's most developed cities that have added the highest GDP to the country's economy.
In addition to its economic and industrial significance, the city is also a popular tourist destination. The city boasts numerous pristine beaches, picturesque landscapes, and breathtaking scenery that are a major draw for visitors from all over the world. The real estate industry has also seen a surge in growth in recent years, with many luxury apartments, villas, and hotels being built to cater to the growing demand for affordable and budget-friendly accommodation. One can easily
search for vacation rentals online and book their stay to experience the amazing beachside views that many of the city's hotels have to offer within their budget.
Here can check out the List of Most Developed City in India
1. Visakhapatnam
The industrial city contributes a GDP of $26 billion. Home to several state owned heavy industries and a steel plants, Visakhapatnam's population is around 1 million. The city is a hub for iron ore and other minerals which are exported to China and other countries. The city also has various international technologies and banking firms as well.
Apart from accommodating various international information technologies and banking firms, the city is a hub for iron ore and other minerals which are exported to China and other countries. The fishing and real estate industry has seen tremendous growth. With a population of over 1 million, the city is appreciated for its natural beauty.
2. Surat
The diamond city of India, Surat contributes a GDP of $40 billion. The well developed city is the textile capital of the country. 92 percent of the world's diamonds are cut and polished in Surat. Diamond studded gold jewelry and real estate is the new emerging businesses in the city.
Major industries contributing to the economy are manufacturing of steel, petrochemical and jari. Other than having the highest number of embroidery machines in the country, 40 percent of India's art silk is manufactured in Surat.
The city has a population of more than 4.6 million. Surat's infrastructure comprise of a computerized water distribution system and computerized drainage system.
3. Pune
A GDP of $48 billion is contributed by Pune. Though the city is famous for its educational facilities, the city has developed its manufacturing, glass, sugar and forging industries. Other well-known industries in the city are the automotive and information technology sectors.
The city house automotive companies like Tata Motors, Mercedes Benz, Mahindra & Mahindra, Force Motors (Firodia-Group), Kinetic Motors to automotive component manufacturers like Saint-Gobain Sekurit, TATA Autocomp Systems Limited, Robert Bosch GmbH, ZF Friedrichshafen AG, Visteon, and Continental Corporation.
Pune has been the single largest hub for German companies for the last 60 years, according to the Indo-German Chamber of Commerce. With a population of around 4 million, the city is very famous and serious about its cultural activities.
4. Ahmedabad
Gujarat's largest industrial hub, Ahmedabad contributes a GDP of about $64 billion. Home for the developing textile and garment industry, the city houses two of the largest pharmaceutical companies of India namely, Zydus Cadila and Torrent Pharmaceuticals.
Other important companies like Nirma and Adani Group also have their headquarters in the city. The automobile sector plays a significant role in the city's economy. The city has a population of more than 5.5 million and is credited for its architecture, gardens and parks. It is one of the fastest growing cities in India with improved systems of portable water and electricity.
5. Chennai
Chennai contributes a GDP of $66 billion. The city is regarded as country's second largest exporter of information technology and business process outsourcing services. The backbone of the city is its automobile sector. Chennai's major business activities include automobile, technology, computers, health care sectors and hardware manufacturing.
Chennai is also considered to be the second home for real estate investors next to their hometown. The rapid growth in the metro city attracts many investors to invest in
plots in OMR road, GST, ECR, ORR road for higher capital appreciation.
Being home to many textile manufacturers, the Southern part of the city is a special economic zone for manufacturing apparel and footwear. Being the fourth largest state of the country, it s population is estimated to be around 8.9 million. As the city has the highest number of flyovers, it is often called city of flyovers.
6. Hyderabad
Another technology hub of India, Hyderabad contributes a GDP of about $74 billion. Other sectors that contribute to its growth include pharmaceuticals and biotechnology industries. Being popularly known as the Pearl City, Hyderabad has the maximum number of special economic zones among all the cities in the country.
The city is famous for its Genome Valley and other technology parks. It has a large informal economy that employs 30 percent of the labour force. With a population of around 6.8 million, the city has its unique culture. Interesting monuments, museums and bazaars attracts lots of tourists every year.
House to around 13 universities and business schools, it stands as an education hub. It is also known for the development of a township with technological infrastructure.
7. Bangalore
India's Silicon Valley, Bangalore adds a GDP of $83 billion. Popularly known as garden city of India, it has many information technology companies. Well known IT companies like Infosys and Wipro and many public undertakings like Hindustan Aeronautics Limited and Indian Space Research Organization have their headquarters in the city.
It is also a hub to biotechnology sector. Being third highest in terms of net worth individuals, the city has an estimated population of 8.5 million. It also attracts a lot of tourists for its pleasant climate. Buses, taxis, autos and metro are the main source of transportation in the city. Business related to transportation infrastructure has a scope of major growth.
8. Kolkata
West Bengal's capital city, Kolkata adds a GDP of about $150 billion after Mumbai and Delhi, which in turn tags the city as the third developed city of the country. Kolkata is home to many industrial units; steel, mining, cement; pharmaceuticals, food processing, agriculture, textiles and jute are the chief sectors responsible for economic growth.
Being one of the most important financial hubs of East and North-East India, it also has the Calcutta Stock Exchange. With around 4.5 million residents, the city attracts many tourists for its eye-catching architecture.
It is the one and only city in whole of eastern India to have an international airport. Metro rail and cycle rickshaws play a vital role in the cityâÂÂs transport system.
9. Delhi
With the growth of about 11.43 percent GDP in 2012, the capital city contributes the second highest GDP of $167 billion to the country. With a large consumer market, the city has been successful in attracting foreign direct investments. The city is famous for its fastest growing retail industries and the city's economy consists of integral sectors like construction, power, telecommunications, health and community services and real estate. With a population of 16.3 million as of 2011, the city has a large expatriate population in the country.
With the growth of about 11.43 percent GDP in 2012, the capital city contributes the second highest GDP of $167 billion to the country. With a large consumer market, the city has been successful in attracting foreign direct investments. The city is famous for its fastest growing retail industries and the city's economy consists of integral sectors like construction, power, telecommunications, health and community services and real estate.
With a population of 16.3 million as of 2011, the city has a large expatriate population in the country.
10. Mumbai
The financial capital of India, Mumbai is the world's 29th largest by GDP (Gross Domestic Product). The city is best to acknowledge as the industrial hub of India and serves as the headquarters of a number of prominent financial institutions such as Reserve Bank of India, Bombay Stock Exchange, National Stock Exchange, and the Mint.
The economic powerhouse is also home to numerous Indian companies that include Tata Group, Reliance Industries, and Essel Group to name a few. Around 14 million people dwell in this city from different background. The city houses around 14 million people from various backgrounds.
This metropolitan city has beautiful colonial architecture, double-decker buses, and suburban rail system which carry about 2.2 billion passengers every year. The city is experiencing rapid growth in recent years. It is estimated that by 2020-21 fiscal, Mumbai's GDP Per capita at PPP is likely to reach US$ 23,000, making it South Asia's richest city.