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India's 10 fastest growing cities

February 06, 2008

A lot has been said about India's robust economic growth with economists predicting a bright future for the country. But few know of the booming Indian cities that are adding to the nation's growth. So which are the country's fastest growing cities? Read on to find outů

1. SURAT

Growth rate: 11.5%

Surat is Gujarat's second largest city with a population of 4 million. It is the fastest growing Indian city in terms of economic prosperity. The city has registered an annualised GDP growth rate of 11.5 per cent over the past seven fiscal years, according to the data compiled by economic research firm Indicus Analytics.

Known for its thriving diamond and textile industry, Surat is situated on the banks of the Tapti river. More than 90 per cent of world's diamonds are cut and polished here.

These two industries have largely contributed to the city's growth as the economic powerhouse of India. Though often affected by floods and earthquakes, the city has always come out on top.

Improved infrastructure has been key to Surat's rapid rise. A number of elevated roads and flyovers have facilitated the thriving diamond and textile business of the city. The city's Varachcha flyover is claimed to be India's longest.

Surat with its low unemployment rates, high job rates and one of the highest per capita small business credit is the top destination for jobs and business. It is said that if you want to make money, Surat is the place to be in.

Text: Indrani Roy Mitra
Image : Surat Textile Market at Ringroad. Surat Municipal Corporation constructed flyovers all over the city.

Photograph: Paresh Gandhi

Also read: Gujarat innovator's Rs 1.6 lakh tractor

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