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Description
Delhi has the highest ranking among Indian cities in the 2024 Oxford Economics Global Cities Index, sitting at 350th. This index examines the global status of 1,000 cities across various key criteria.
Oxford Economics Global Cities Index Overview
The Index provides comprehensive information about the world's largest cities in five major areas: economics, human capital, quality of life, the environment, and governance. These points are put together to determine each city's overall ranking. According to the most current assessment, New York remains the finest city in the world, while Delhi is the best in India.
Performance Of Indian Cities
After Delhi dropped out of the top ten, other major Indian cities such as Bengaluru and Mumbai ranked 411 and 427 respectively. Despite their economic importance, Indian cities rank low on the list. This is notably evident in categories such as quality of life and governance, where military-run cities like Kyiv and Myanmar have performed higher.
Detailed Rankings And Categories
Delhi ranked 55th in Human Capital and 108th in Economics in their respective areas. Even though Bengaluru and Mumbai are crucial to the global economy, they did not fare well. Sultanpur, Uttar Pradesh, is ranked 1000th out of all the towns surveyed. The cities included in the 2023 research account for 60% of global GDP and are home to 30% of the world's population. This demonstrates how vital major cities are to the global economy and people.
More About The Oxford Economics Global Cities Index
Economic Growth Projections- The index estimates economic growth trends for major cities worldwide through 2035. Tokyo, a traditional top performer, may see economic deterioration. Indian cities such as Delhi and Mumbai are expected to have tremendous economic expansion.
Employment and Income Trends- Technologically sophisticated cities, such as San Francisco and Seattle, are likely to lead income increases. The technology industry has a significant impact on metropolitan economies.
Population Trends- The index monitors population trends, noting changes in urban demographics.
Rapid Growth in Emerging Cities- Despite infrastructure constraints, cities such as Jakarta and Manila have experienced rapid economic growth.
European Cities- European cities are rising slowly but steadily, with high per capita income levels.
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