Urban India is important to the Indian economy, society, polity and the environment in more ways than one. For instance, nearly 600 million Indians would be living in cities by 2030, while cities would generate nearly 70 per cent of new jobs by 2030 and also produce more than 70 per cent of IndiaĆĀ“s gross domestic product.
Tag: McKinsey Global Institute
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Mobility solutions
The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of IndiaĆĀ“s growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.
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Urban Renewal
Today, 70 per cent of our GDP comes from urban areas while the investment for urban development is only 0.70 per cent. Now, according to the McKinsey Global Institute (MGI) report, Indias urban population is projected to increase from 34 crore in 2008 to 59 crore in 2030
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Smart cities will open up multiple growth opportunities
Agendra Kumar, President of Esri India, lays down the essential elements that should be in the roadmap for development of smart cities in India.
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Futurespace
It is just as well that the Delhi-Mumbai Industrial Corridor, when completed, will include at least six new cities.