These three Indian cities are tops in economic growth

By Vipin Agnihotri

Growth is the buzzword in India at this moment of time. The India Street knows this well. Below you will find information of the top three Indian cities in terms of economic growth. Hope you like it.

Surat:

Talking about Surat, It is the second biggest city of Gujarat with a population of 4 million. In terms of economic prosperity, it is the fastest growing Indian city. Point to be noted here is that Gujarat has registered an annualized GDP growth rate of 11.5 per cent over the past seven fiscal years. Improved infrastructure is the main reason behind Surat's rapid rise.

Bangalore:

With a growth rate of more than 10 per cent, Bangalore is not just the pensioner’s paradise. As a matter of fact, Bangalore has the biggest number of households with an annual income of Rs 1 million or more. Bangalore's main activity is information technology. Being the leading contributor to India's IT industry, Bangalore is widely been regarded as the Silicon Valley of India.

Ahmedabad:

Ahmedabad is the biggest inland industrial centre in western India and has been an important base of commerce, trade and industry. Ahmedabad has witnessed quite a bit of growth in the recent years because of its proximity to Surat and its access to the hinterland of Gujarat.

The main reason responsible for Ahmedabad growth is the chemicals and pharmaceutical industries. Two of the biggest pharmaceutical companies of India -- Zydus Cadila and Torrent Pharmaceuticals are based in Ahmedabad. Lots of foreign companies such as Bosch Rexroth of Germany and Stork and Rollepaal of Netherlands have set up units in Ahmedabad.

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