The India City Competitiveness report 2012 has evaluated the competitiveness level of 50 growth cities in India. The competitiveness index is built on the underlying principles of Michel E Porter, a renowned Harvard Business School Professor. His Microeconomic Competitiveness – Diamond Model, which consists of four major pillars, is used to assess the cities from different and various dimensions and establish the imperative for growth. The nexus between competitiveness, productivity and prosperity has taken on added importance as India evolves from the agri-industrial age to the knowledge economy. Cities are ranked accordingly with a view of establishing “high road” strategies for sustainable growth of Indian cities.
The overall competitiveness ranks demonstrate that New Delhi has emerged as the most competitive city in the country. Interestingly, this is the third time that the city is successful in grabbing the numero uno position on the index. Delhi has a promising future as the per capita GDP for Delhi and GDP growth 2007 to 2025 in predicting real exchange rate is expected to be higher than Singapore in 2025 according to the MGI City scope rankings of 2011 (McKinsey Global Institute Report on Urban World: Mapping the Economic power of Cities, March 2011). Ranked second to the National Capital is the financial hub of India, Mumbai. It has also maintained its 2nd position. Likewise, Chennai holds the 3rd rank, Hyderabad 4th, Kolkata 5th, Gurgaon 6th, Bengaluru 7th, Noida 8th, Pune 9th and Ahmedabad 10th.
The Fifth Edition of this report does not reflect gravitational changes to the rankings of the top cities; however there have been major shifts in the rankings for cities above the 20th position. The tier-2 and tier-3 cities have also progressed significantly on the index and offer a glimmer of hope for the country. These cities demonstrate outstanding performance in the core areas of the Diamond model assessment. However to develop their overall competitiveness, they would need a concerted strategy to enhance their rankings in all other pillars. One could safely assume that cities such as Mysore, Agra, Lucknow, and Patna are growth-ready and could take off when the conditions and opportunities are right.
In this report, Goa has been replaced by Raipur in order to make the index more robust and to embrace a more comprehensive coverage of all the major cities. Cities that fall in the exceptional category, particularly in outperforming their previous rankings are Hyderabad, Noida, Chandigarh, Coimbatore, Bhubaneswar, Faridabad, Guwahati etc.
Although this report seeks to rank Indian cities against each other, in essence the competition is becoming global. Cognizant of the changing nature of competition, we still believe that the Diamond model of benchmarking city competitiveness serves the dual purpose of competing externally as well as acting as a catalyst to improve the overall competitiveness of the country to help it grow uniformly and structurally with a high degree of connectedness.
India City Competitiveness Report 2012
- The report that brings the list of 50 most competitive cities in India.
- This is the 5th Edition of the Indian City Competitiveness Report which was released today by Hon’ble Prime Minister of Singapore, Mr. Lee Hsien Loong at the India-Singapore Forum 2012 at Taj Palace, New Delhi.
- The City Competitiveness Index 2012 is being improved every year and is widely getting popular in the masses in order to search for the competitiveness of individual cities.
- Few Changes made in the index are addition of more crucial variables, replacement of Goa with Raipur, enhancement of methodology, etc.
A glance at the top 10 Competitive Cities in India with their overall competitiveness score
1. New Delhi (69.732)
2. Mumbai (67.856)
3. Chennai (62.32)
4. Hyderabad (61.78)
5. Kolkata (61.46)
6. Gurgaon (61.16)
7. Bengaluru (61.10)
8. Noida (60.40)
9. Pune (59.85)
10. Ahmedabad (58.03)
India City Competitiveness Report 2012 includes contributions from eminent thinkers such as
- Dr. Christian Ketels, Principal Associate, Institute for Strategy and Competitiveness, Harvard Business School
- Gordon Feller, CEO, Urban Age Institute
- Rohit Bansal, CEO & CO-Founder, India Strategy Group, Hammurabi & Solomon Consulting
- Sam Miller, Journalist and author of ‘Delhi: Adventures in a Megacity
- Sandeep Mann, COO, Remorphing
- Susan Zielinksi, Managing Director, SMART, University of Michigan