Delhi, Mumbai make it to top 125 global cities’ list
The Capital and Mumbai are among the 10 Indian cities that have made it to the top 125 global cities’ list that ranks cities based on their performance, long-term potential and smartnessreal estate Updated: Jun 23, 2016 15:44 IST
The Capital and Mumbai are among the 10 Indian cities that have made it to the top 125 global cities’ list that ranks cities based on their performance, long-term potential and smartness.
Both cities, however, slipped a few notches. New Delhi ranked 61, down from 57, and Mumbai 44, down from 41 in the Global Cities Index. The index is one part of the Global Cities 2016 report. The index examines the city’s current performance based on business activity, human capital, information exchange, cultural experience and political engagement.
New Delhi has slipped 20 points since 2008. It has faced stiff competition since 2008 from other global centres such as Warsaw, Poland; Rio de Janeiro, Brazil and Osaka, Japan. While posting positive score growth every year in business activity, human capital, and cultural experience, the city dipped slightly in information exchange and political engagement in 2016, said Mike Hales, partner at AT Kearney and one of the authors of the Global Cities report.
“Taken together, this is not enough to keep pace with other global centres. New Delhi would do well to continue to focus on improving information exchange through increasing access to internet for its citizens and continue to improve in news agencies and Google presence. In political engagement, the city ranks at number 10, rising from number 35 in 2008. This is a testament to the capital city’s internationalisation. New Delhi excels in think tanks and embassies and consulates,” he said.
Global management consulting firm AT Kearney ranks cities every year on the basis of their ability to attract capital flow, access information through internet, provide a cultural experience and innovation capacity.
Mumbai saw its score in business activity and information exchange drop slightly this year, leading to its drop in rank. Competition in business activity increased this year. In information exchange, Mumbai saw limited growth in broadband subscribers and Google presence. The city did, however, improve in cultural experience, jumping from number 84 to 69 thanks to improvements in culinary offerings and performing arts, says the report.
The index ranks London, New York and Paris as the top three cities.
Bangalore is ranked 75, Chennai 77, Hyderabad 78, Pune 92 and Ahmedabad 101 in the list. Both Bangalore and Pune have shown improvement in business activity and Chennai in information exchange and cultural experience.
The Global Cities Outlook — the report’s second part —assesses the city’s potential on the basis of personal well being, economics, innovation and governance.
Under the Global Cities Outlook 2016 ranking, the AT Kearney report has San Francisco, New York and Boston ranked among the top three. Bangalore is among the best Indian city ranked 73 (moving up from 90 last year), New Delhi is ranked 76 (moving up from 87 last year), Mumbai at 87 (moving up from 93rd position last year), Hyderabad at 91 (moving up from 97) and Kolkata is ranked 100 moving up 12 notches from last year.
Ahmedabad, Pune and Surat have all slipped ranks despite being declared smart cities in India.
All of India’s cities have seen a dramatic improvement in personal well-being (a measure of quality of life), as well as governance (which measures the quality and transparency of governance at a national level). In personal well-being, this was thanks to improvements in environmental performance. A focus on improving health care access and quality, inequality, and safety will help to further improve India’s performance in this metric. In governance, improvements in ease of doing business and quality of bureaucracy are leading to faster score improvements. Finally, innovation has proven to be the largest differentiator between developed and developing country cities and India would do well to focus on improving here, adds Hale.
Among the new entrants , Karachi in Pakistan was the biggest surprise due to the country’s efforts to promote foreign investment, the report said.