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Karnataka
Bangalore tops list of vibrant cities
Staff Reporter
BANGALORE: Bangalore, Hyderabad and Pune have been listed as the three most vibrant cities among the top 50 cities in India (by population) on the AlphaWise City Vibrancy Index, in a report on Indian Urbanisation published by Morgan Stanley.
The report measures the key drivers of urbanisation, such as physical infrastructure, financial penetration, consumer services and job listings, a press release on the report 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.
Also finding mention in the Top 10 list is a tier-II city from the State, Mysore, which along with Meerut makes it to the top 10 urbanised cities in India.
Interestingly, the financial capital of the country, Mumbai, is ranked 21 among the top 50 cities.
The survey analysed growth trends in the top 200 cities in India (on the basis of population).
“Urbanisation is a core component to the process of city formation and building out India's competitive strength in the global markets,” said Ridham Desai, Head of India Research and India Strategist at Morgan Stanley.
“The India Urbanisation findings underscore our commitment to putting clients at the forefront of the most timely investment debates.”
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