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World's fastest-growing cities: Indian cities grab all top 10 spots

  Surat, countries diamond capital, in Gujarat will witness the fastest economic growth in the next two decades, averaging more than nine percent, the report said.

Edited by: India TV News Desk, New Delhi [ Published on: December 06, 2018 16:34 IST ]
Surat

Surat

Ten Indian cities are set to dominate over the next two decades in terms of economic growth, according to a study by Oxford Economics.

Surat, countries diamond capital, in Gujarat will witness the fastest economic growth in the next two decades, averaging more than nine percent, the report said.

The other Indian cities include Agra, Bengaluru, Hyderabad, Nagpur, Tirrupur, Rajkot, Tiruchirappalli, Chennai, and Vijayawada.

While economic output in many of those Indian cities will remain rather small in comparison to the world’s biggest metropolises, all Asian cities will outperform all North American and European urban centers combined in 2027 in terms of aggregated gross domestic product. By 2035, it will be 17 percent higher, with the largest contribution coming from Chinese cities.

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.

The fastest-growing African city is the Tanzanian port of Dar es Salaam, while the top spot in Europe is held by the Armenian capital of Yerevan, according to the report. San Jose -- a proxy for Silicon Valley -- will be best performer in North America, the report revealed.

Here's the list of 10 Indian cities at the top of the list:

1) Surat
2) Agra
3) Bengaluru
4) Hyderabad
5) Nagpur
6) Tirrupur
7) Rajkot
8) Tiruchirappalli
9) Chennai
10) Vijayawada

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