Friday, October 10, 2008

10. CHENNAI


Growth rate: 6.2%
The capital of Tamil Nadu, the fourth largest metropolitan city in India, has an estimated population of 7.5 million.
The economy of the city is supported by industries like automobile, technology, hardware manufacturing, and healthcare. According to a recent report in The Hindu, economists have predicted that Chennai's per capita income would increase from $468 in 2000 to $1149 in 2015 and $17,366 in 2050.
The city houses India's major automobile companies and happens to be India's second-largest exporter of information technology and information-technology-enabled services, behind Bangalore.
by : www.klincare.com
Buses, trains, and auto rickshaws are the most common form of transport within the city. To counter traffic congestion, the state government of Tamil Nadu is building a number of flyovers at important intersections.
Image : Chennai Tidel Park.

9. KOLKATA


Growth rate: 6.3%
Often termed fondly as the cultural headquarter of India, the capital of West Bengal has a population of 5 million.
Like its many other metropolitan cousins, Kolkata suffered from economic stagnation in post-independence India. However, since 2000, the city has witnessed an economic rejuvenation, thanks to the development of IT industry in Rajarhat in Greater Kolkata. The city's IT sector is growing at 70 per cent yearly -- twice that of the national average.
The city has seen a surge of investments in the housing infrastructure sector. Several new projects have come up in recent times.
Some reputed companies are headquartered here. Of them, Bata India, ITC Limited, Birla Corporation, Domodar Valley Corporation deserve special mention. Opening of the Nathu La in Sikkim as a trade route has put Kolkata in an advantageous position.
Like other metropolitan cities of India, Kolkata continues to struggle with problems like poverty, pollution and traffic congestion.
Image : A newly opened mall in Kolkata city.

by www.klincare.com

8. BARDHAMAN


Growth rate: 6.6%
Situated nearly 100 km north-west of Kolkata, Bardhaman is the headquarter of the district of the same name. With nearly 58 per cent of the population earning their livelihood from agriculture, Bardhaman has earned the name of 'granary of West Bengal'.
Rice grown in the area is supplied to various parts of India and also exported to the neighbouring countries. Though predominantly an agricultural area, Bardhaman also houses a number of industries backed mainly by rich mineral sources available in the area and also imported from the neighbouring Indian states of Bihar, Orissa and Assam.
The industrial belt of Bardhaman has mainly developed embracing the Asansol and Durgapur sub-division. Two most prominent industrial units of the area are Durgapur Steel Plant and Durgapur Alloy Steel Plant.
Other industries that thrive in the area include coal-based industries, chemicals and power plants. The Damodar Valley Project has gone a long away in meeting the irrigational need of the region.
Indian Iron and Steel Industry (IISCO) forms the economic backbone of Asansol area. It is the oldest pig iron and iron casting unit in India. Chittranjan Locomotive, a government undertaking, supplies locomotive parts all over India. Several cottage industries have also developed in the area that support the area's rural economy.
Image : Pune Hinjewadi IT park.
by - www.klincare.com

7. PUNE


Growth rate: 7.4%
The growth of this major industrial city, located roughly 150 km east of Mumbai, has become the topic of discussion these days.
Starting from automobile majors like Tata Motors, DaimlerChrysler, Pune will soon house units of global biggies like General Motors, Volkswagen, Fiat, et cetera. A number of important engineering goods industries like Cummins Engines Co Ltd and Bharat Forge Ltd, electronic goods companies like LG, Whirlpool, food companies like Frito Lay and Coca Cola are also located here.
Of late, Pune's software industry has grown by leaps and bounds. IT parks like Rajiv Gandhi IT Park at Hinjewadi, Magarpatta Cybercity, MIDC Software Technology Park at Talawade, Marisoft IT Park at Kalyani Nagar are seats of technology that the city can boast of.
To meet the demands of this explosive economic growth in Pune, the state of Maharashtra is planning a 1,000 MW power plant to exclusively cater to the need of Pune. MIDC is the lead agency for the project.
Image : Pune Hinjewadi IT park.
by www.klincare.com

6. HYDERABAD


Growth rate: 7.8%
Hyderabad, the financial capital of Andhra Pradesh, is also known as the city of pearls. With an estimated population of 7 million, the city is the biggest contributor to Andhra Pradesh's gross domestic product, state tax and excise revenues.
As per 2006 statistics, the per capita income of Andhra Pradesh was at Rs 25,625 (less than Rs 200 of national average). The city, which used to be primarily a service city, is now the seat of many businesses, including trade, transport, commerce, storage, communication and lately IT.
Like Bangalore, Hyderabad too has witnessed a real estate boom in recent times, mainly because of the growth of IT and retail business in the city.
Major pharmaceutical companies like Dr Reddy's Laboratories, Matrix Laboratories, Aurobindo Pharma Limited and Vimta Labs are located here.
Hyderabad has also made considerable progress in the field of bio-technology through initiatives like Genome Valley and Nanotechnology Park.
For the advancement of infrastructure in the city, the Andhra Pradesh government is building a skyscraper business district at Manchirevula.
Image : Hyderabad city.

5. NEW DELHI


Growth rate: 8.4%
Though it can't rival Mumbai in terms of contribution to the growth of the Indian economy, the capital of India, is no pushover.
Delhi's, (including its nine districts and adjoining Noida, Ghaziabad, Faridabad and Gurgaon) total GDP stood at Rs 1,60,739 crore (Rs 1,607.39 billion). It contributes 4.94 per cent to all-India GDP.
Connaught Place, one of northern India's largest financial centres, is located in the heart of Delhi.
Being an important commercial centre in South Asia, Delhi has a per capita income of Rs 53,976, which is more than double the national average.
Delhi's key service industries, backed by as strong and well laid out infrastructure, include IT, telecommunications, hotels, banking, media and tourism. In recent times, Delhi's manufacturing industry has grown considerably and consumer goods industries have established manufacturing units and headquarters in and around the capital.
Construction, power, telecommunications, health and community services, and real estate form the backbone of Delhi's economy. The capital's retail industry is one of the fastest growing industries in India.
Public transport in Delhi consists of buses, auto rickshaws, taxis, suburban railways and metro rail.
Image : A train of the New Delhi Metro passes by a new temple dedicated to and made in a likeness of Lord Hanuma. The city's taliest Hunuman Idol measuring some 32.9 Meters (108 feet), was completed and opened after more than 12 years in construction.


4. MUMBAI


Growth rate: 8.5%
The commercial capital of India is one of the world's top ten trade centres. The city contributes 25 per cent of industrial output and 70 per cent of capital transactions to India's economy.
The city accounts for about 1 per cent of the total population in India but has a per capita income which is almost three times that of India. Mumbai accounts for 14 per cent of India's income tax collections and 37 per cent of the corporate tax collections in the country.
The city is the berth of significant financial institutions like the Reserve Bank of India, Bombay Stock Exchange and the National Stock Exchange of India.
One of the largest special economic zones in India is being set up in Navi Mumbai, to be spread over an area of around 50 square kilometers.
Numerous corporates and multinational companies have their headquarters in the city that attracts migrants from all over India. The city offers countless employment opportunities and is known for its interesting and high standard of living.
The city, with a population of 19 million, is also known as the Indian seat of entertainment as it is the home to the Hindi film industry, the largest in the world.
Most of the city's inhabitants rely on public transport to commute. Transport systems in Mumbai include the Mumbai suburban railway, also known as the lifeline of Mumbai, BEST buses, taxis and auto rickshaws.
Image: Highrises dot Mumbai's skyline.