Posted Date: 06/12/2018
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In 2035 the growth rate of Indias urban GDP will lead the rise of Shanghai and Beijing.

In 2035, the growth rate of India's urban GDP will lead the rise of Shanghai and Beijing.

Original title: India's GDP growth rate leads in 2035, Shanghai and Beijing rank higher

western Indian city

On December 6th, Bloomberg quoted Oxford Economics data on the 6th. The western Indian city of Surat was selected as one of the top 10 fastest growing cities in the world. In the next 20 years, Indian cities will occupy multiple seats in the list.

Reporter Richard Holt, head of global urban research at Oxford University, said that Surat, located in Gujarat, western India, is a diamond processing and trading center that will achieve the fastest expansion by 2035, with an average economic growth rate. More than 9%. By 2035, the ten cities with the fastest growth in the global economy are likely to come from India.

India fastest growing cities

Although the economic output of Indian cities is still small compared to the world's largest cities, the total GDP growth of all Asian cities by 2027 will exceed the sum of GDP growth of all North American and European cities. By 2035, Asian GDP will increase by more than 17%, with Chinese cities having the highest contribution rate.

Before 2035, the list of the world's largest cities may also change. New York, Tokyo, Los Angeles and London remain in the top four, while Shanghai and Beijing will surpass Paris and Chicago to climb to fifth and sixth place. Guangzhou and Shenzhen may also squeeze into the top 10, and Hong Kong may fall out of the list. 

Worlds Largest City

In addition, the fastest growing economy in Africa is the port of Dar es Salaam in Tanzania, and Yerevan, the capital of Armenia in Europe, also performed well. San Jose, California, will be the fastest growing economy in North America.

Indias GDP growth rate leads in 2035 Shanghai and Beijing rank higher.


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