Is Mumbai really a City of Opportunity for international players to set up their business there?
Mumbai among world's 26 'Cities of Opportunity'
Based on the parameters that are important to attract talent and economic growth, Mumbai is the only Indian city selected by PwC.
Not knowing if the report is focused at SMEs or MNCs, I still would strongly suggest foreign companies, that are interested in India, to visit other Indian cities before making a final selection. Cost plays a major role in the decision for international expansion and Mumbai is certainly not cheap.
Other parameters include intellectual capital and innovation, technology readiness, transportation and infrastructure, demographics and livability, economic clout, lifestyle assets, health, safety and security, ease of doing business and sustainability.