India's capital has emerged the most competitive city in the country for the third straight time with the commercial hub of Mumbai retaining the second spot, according to a report by an international think tank released on July 11, 2012.
Chennai, Hyderabad and Kolkata, in that order,
make up the top five in rankings of the India City Competitiveness
Report-2012, compiled by the Institute for Competitiveness (IFC) that
conducts studies in this area for use by businesses and governments.
with its high growth has drastically improved in its ranking and holds
the 29th spot. Similarly Guwahati recorded a wide improvement in its
position," says the report.
edition of the India City Competitiveness Report is based on a model
that has been established by celebrated management guru, Michael E.
Porter, Bishop William Lawrance University Professor, based at Harvard
Regarding New Delhi, the report says the city
has managed to demonstrate a phenomenal growth over a period of time by
balancing demand and development in equal measure. The two areas it is
found lagging in are administrative and institutional support.
report also says that Noida, another city with close proximity to New
Delhi, is now giving tough competition to the metros, even as Pune and
Ahmedabad, which had very high potential slipped a few notches, but
remained in top 10 slots.
Among the smaller cities, while
Coimbatore, Mysore, Madurai and Guwahati climbed up, Surat, Lucknow,
Agra and Allahabad dropped in their rankings.
Indian cities have the required potential to make their mark across the
globe. this is clearly evident with igh urbanization rate of these
cities and by the trend of their growth," says the report.
it is required that Indian cities work on their strong areas and use it
constructively to attract people from different genres. They should
build a brand of their own and not follow some other global city."
model is founded on four pillars -- the factor conditions, demand
conditions, context for strategy and rivalry, and the quality of
supporting and related industries. These are further divided into 12
sub-pillars to give information on 50 top cities.
globally, Indian cities have much to catch up. Delhi, which takes the
top slot in the country, is benchmarked at 46.7 -- which is way below
71.4 for New York, 70.4 for London, 55.2 for Shanghai and 69.3 for Hong
Here's the ranking of top 10 cities and their score: