Top 5 richest cities in India
We all know India to be the second largest country in terms of population, following only china, and India is also the 3rd richest country in the world too. When most people think of wealthy countries, they usually think of oil producing GCC countries, however, India break that trend. deVere India, part of deVere Group, breaks down India’s top 5 richest cities.
5 Hyderabad - GDP of $74 billion:
Historically, Hyderabad was known as a pearl and diamond-trading hub of India, however those days are long over. Hyderabad is still known as the City of Pearls. A lot of the bazaars and markets throughout the city have been operating for centuries, further adding to the rich and diverse history of Hyderabad. During the 20th century, the city saw an influx in manufacturing, research, and financial institutions that helped contribute to the lofty GDP.
4 Bangalore - GDP of $83 billion:
Bangalore is widely referred to as the Silicon Valley of India. This is mainly due to the numerous information technology companies that call this city home, and the fact that it is the nation’s leading information technology exporter really proves that Bangalore deserves the title. Thanks to Bangalore resting at an altitude of 3000 feet above sea level, residents enjoy a pleasurable climate year round. Bangalore also ranked in the top ten preferred entrepreneurial locations in the world; so sun-loving entrepreneurs should deeply consider Bangalore for their next move!
3 Kolkata - GDP of $150 billion:
Kolkata, also known as Calcutta, is considered to be the most important financial hub of India and is also the key commercial, educational, and cultural nucleus of East India. The city is rapidly expanding thanks to a wide range of industries including steel, mining, pharmaceuticals, and textile production. The I.T. sector has grown hugely in Kolkata too. It has been reported that the I.T. industry here as grown by twice the national average, at a rate of 70% in the 2000s.
2 Delhi - GDP of $167 billion:
The capital city of India comes in at number two on deVere India’s list of the richest Indian cities. Delhi is one of the biggest commercial cities in South Asia and as an added bonus; Delhi boasts the largest foreign direct investment. Retail industries are booming within the city, in addition to construction, power, and telecommunications. Delhi is also the world’s second most populous city and the largest in India in terms of size. As of 2008, 10 of India’s wealthiest billionaires all lived in Delhi.
1 Mumbai - GDP of $209 billion:
Mumbai was named as one of the world’s “Alpha Cities” in 2009, and for a very good reason. Mumbai is considered to be the technical hub of India due to the fact that it houses Indian premier scientific and nuclear institutes. Mumbai is also one of the largest cities in the world in terms of population and it’s responsible for 70% of capital transactions from the nation’s economy. Mumbai comes in at 6 of the top 10 global cities on the billionaire count, a total of 26 billionaires call Mumbai home.
Now that you know about the top 5 richest cities in India, how about a career in finance with deVere India, part of the deVere Group! To start your rewarding career in finance with deVere India, send deVere Group your CV today.
We all know India to be the second largest country in terms of population, following only china, and India is also the 3rd richest country in the world too. When most people think of wealthy countries, they usually think of oil producing GCC countries, however, India break that trend. deVere India, part of deVere Group, breaks down India’s top 5 richest cities.
5 Hyderabad - GDP of $74 billion:
Historically, Hyderabad was known as a pearl and diamond-trading hub of India, however those days are long over. Hyderabad is still known as the City of Pearls. A lot of the bazaars and markets throughout the city have been operating for centuries, further adding to the rich and diverse history of Hyderabad. During the 20th century, the city saw an influx in manufacturing, research, and financial institutions that helped contribute to the lofty GDP.
4 Bangalore - GDP of $83 billion:
Bangalore is widely referred to as the Silicon Valley of India. This is mainly due to the numerous information technology companies that call this city home, and the fact that it is the nation’s leading information technology exporter really proves that Bangalore deserves the title. Thanks to Bangalore resting at an altitude of 3000 feet above sea level, residents enjoy a pleasurable climate year round. Bangalore also ranked in the top ten preferred entrepreneurial locations in the world; so sun-loving entrepreneurs should deeply consider Bangalore for their next move!
3 Kolkata - GDP of $150 billion:
Kolkata, also known as Calcutta, is considered to be the most important financial hub of India and is also the key commercial, educational, and cultural nucleus of East India. The city is rapidly expanding thanks to a wide range of industries including steel, mining, pharmaceuticals, and textile production. The I.T. sector has grown hugely in Kolkata too. It has been reported that the I.T. industry here as grown by twice the national average, at a rate of 70% in the 2000s.
2 Delhi - GDP of $167 billion:
The capital city of India comes in at number two on deVere India’s list of the richest Indian cities. Delhi is one of the biggest commercial cities in South Asia and as an added bonus; Delhi boasts the largest foreign direct investment. Retail industries are booming within the city, in addition to construction, power, and telecommunications. Delhi is also the world’s second most populous city and the largest in India in terms of size. As of 2008, 10 of India’s wealthiest billionaires all lived in Delhi.
1 Mumbai - GDP of $209 billion:
Mumbai was named as one of the world’s “Alpha Cities” in 2009, and for a very good reason. Mumbai is considered to be the technical hub of India due to the fact that it houses Indian premier scientific and nuclear institutes. Mumbai is also one of the largest cities in the world in terms of population and it’s responsible for 70% of capital transactions from the nation’s economy. Mumbai comes in at 6 of the top 10 global cities on the billionaire count, a total of 26 billionaires call Mumbai home.
Now that you know about the top 5 richest cities in India, how about a career in finance with deVere India, part of the deVere Group! To start your rewarding career in finance with deVere India, send deVere Group your CV today.