Know the 10 most developed Indian cities based on GDP

1. Mumbai

The most developed city of India, is the world’s 29th largest by GDP. It is the centre of trade and commerce. It is home to important financial institutions like RBI, BSE, NSE, Tata Group, Essar Group etc. It is responsible for 25% of industrial output, 70% of maritime trade in India and 70% of capital transactions to the nation’s economy.

2. Delhi

The growth in GDP of the second most developed city was 11.43% in 2012. 

The gross state domestic product (GSDP) of Delhi at current prices for the year 2011-12 has been estimated at Rs 3.13 lakh crore, which is an increase of 18.7 per cent over the previous fiscal.

It has the fastest retail growing industries, telecommunications, health services etc.

Moreover, foreign tourism has helped the city in becoming the second highest developed city.

3. Kolkata

With the contribution of 150 billion dollar to the GDP of India, it has become the third developed city of the nation. The city is one of the important financial hubs of East and North-East India and houses the Calcutta Stock Exchange.

4. Bangalore

The IT hub of India contributes GDP of 83 billion dollar. The silicon valley of India is home to various IT companies like Infosys and Wipro. Indian Space Research Organisation and Hindustan Aeronautics Limited are headquartered in the city. It is also a biotechnology giant.

5. Hyderabad

Another IT city contributes about 74 billion dollar in terms of GDP to the country. 

The city has the highest number of special economic zones among all the cities in the country.

6. Chennai

The second largest exporter of IT and BPOs, is the backbone of economy. It is also a major automobile city. The GDP of the city had increased to 12.39% in 2011-12.

7. Ahmedabad

This largest industrial hub in Gujarat contributes a GDP of about $64 billion. The city is a home for the developing textile and garment industry.

8. Pune

The second largest city of Maharashtra, Pune contributes a GDP of $48 billion. Although Pune is known for its educational facilities, the city has developed its manufacturing, glass, sugar and forging industries.

9. Surat

The well developed commercial city of Gujarat, Surat has contributed a GDP of $40 billion. The city is popularly known as the diamond capital of the world and the textile capital of India.

10. Visakhapatnam

 

The industrial city, Visakhapatnam has contributed a GDP of $26 billion. The city is home for various state owned heavy industries and a steel plants.