In India's top 200 cities: 25% have no car dealership, 90% have no 5 start hotel, 66% have no large-scale retail store
Bangalore shines among India's booming cities - report
By Jonathon Burch
NEW DELHI | Thu Feb 17, 2011 8:24pm IST
Asia's third-largest economy is home to one-quarter of the world's 20 most densely populated cities but the slow pace of urban development has been a drag on economic growth.
Nearly one-quarter of India's top 200 cities have no car dealership, less than 10 percent have a 5-star hotel, and nearly two-thirds were still waiting for a large-scale retail store or hypermarket, the report found.
Its findings are based on a City Vibrancy Index (CVI), which looks at, among other factors, infrastructure, job opportunities, modern consumer services and a city's ability to mobilise savings -- what it calls key drivers of urbanisation.
Bangalore, India's "Silicon Valley", came in first place, with Pune in third and Hyderabad in fourth while New Delhi, India's capital, ranked eighth.
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