The Next Indian Growth Story May Come From Cities We Are Not Talking About Yet

For a long time, the map of corporate India was fairly predictable.

If you were looking for technology, you went to Bengaluru. Finance meant Mumbai. Delhi NCR became a major corporate and services hub. Hyderabad, Chennai and Pune developed their own powerful industry clusters.

Those cities are not going anywhere. In fact, many continue to grow rapidly.

But something interesting is happening beyond them.

Surat, Jaipur, Kochi, Coimbatore, Indore, Ahmedabad, Mysuru and several other cities are attracting more businesses, infrastructure and consumers. In eastern and northeastern India too, states are making a much more deliberate push to attract industry and investment.

I believe this geographical broadening could become an important part of India’s next growth cycle.

Not because the metros have stopped working, but because India has become too large for its economic opportunity to remain concentrated in a handful of cities.


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