Pune, Ahmedabad, Chandigarh may spin miracles

Thursday, July 30, 2009
Projecting India's small towns and cities as better investment destinations, an Indo-UK trade body said Pune, Ahmedabad and Chandigarh among others are more likely to produce economic miracles on the back of a growing middle-class.

Business Growth, Business Ideas, Business Tips, Indian Business, Indian Market, International Market, Pune BusinessPune IT Park

India is increasingly seen as a source of value-added goods and services and an important business partner, the UK India Business Council (UKIBC), which promotes trade between the two countries said in a report released here.

The report, "Emerging Cities of India", identifies Pune, Ahmedabad, Chandigarh and Jaipur as the top four emerging cities followed by Vadodara, Goa, Indore, Kochi and Nagpur.

While India's urban giants may dominate the business agenda in the short-term due to the sheer size of their human capital clusters...We believe it is the country's lesser known small towns and cities that are more likely to produce the economic miracles.

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