As you know that India is the third-largest economy in the world on the basis of purchasing power supply, then in this article we will know that the list of the top 10 richest cities of India which contribute significantly to the economy of India is given below: These cities have been ranked on the basis of purchasing power parity (GDP PPP).
List Of Top 10 Richest Cities In India
Mumbai- GDP: $310 Billion
The city of Mumbai has secured the No. 1 position in the richest city of India which is located in the state of Maharashtra. Mumbai is the capital and largest city of the state of Maharashtra, Currently, Mumbai is the largest city in India by population and the Mumbai Metropolitan Region is the second-largest metro city in India by population. Mumbai Finance, the banking sector, and the service sector are contributing significantly to the economy of our country.
India’s largest stock exchange is located in Mumbai, along with it, important institutes like the National Stock Exchange and Reserve Bank of India are located in Mumbai itself, that is, Mumbai is the largest trading center of our country, that is why Mumbai is known as “Financial Capital of India”. It is also known that Mumbai alone contributes 25% of the total industrial output of our country, 70% of India’s maritime trade and 70% of capital transactions are done from Mumbai city.
Most of India’s billionaires reside in the city of Mumbai, but unfortunately, there is also a slum-like Dharavi in Mumbai, but whatever it is, Mumbai is known as the “City of Dreams” in the tourism sector. And the real estate sector has been flourishing for many years. Mumbai properties are the most expensive properties in India.
The Bollywood industry is also a major contributor to Mumbai’s economy. Gateway of India, Bandra–Worli Sea Link, Taj Hotel, Elephanta Caves, Chhatrapati Shivaji Maharaj Terminus, Bandra Kurla Complex, Haji Ali Dargah, etc. are the center of major attractions.
Delhi- GDP: $293.6 Billion
The city of Delhi has been ranked no. 2, which is the capital of India and is the second-largest city in India in terms of population. If we talk about the metropolitan population, then the Center National Capital Region is the largest metro city in India. Talking about Delhi only in NCR, the service sector, tourism sector, and real estate sector in Delhi is growing very fast and the area around Delhi city of Gurugram, Noida, and Greater Noida has emerged as an IT hub and manufacturing hub. Used to be
Qutub Minar, Red Fort, India Gate, Rashtrapati Bhavan, Parliament House, Akshardham Temple, Jama Masjid, etc. are the major attractions. Delhi is the 13th Most Liveable City in India in the list of cities worth living in. Delhi city is named as “Multicultural Hub of India”. Also, The GDP Purchasing Power of Delhi is US$ 293.6 Billion
Kolkata – GDP: $250 Billion
Ranked at No. 3 in the city of Kolkata, which is located in the state of West Bengal and is the capital and largest city of West Bengal. Kolkata is the 7th largest city in India in terms of population And Kolkata Metropolitan Area is the third-largest metro city in India by population. also known as the ‘City of Joy, along with it it is also known as the “Cultural Capital of India”. The service sector in Kolkata and the IT sector has grown a lot in recent times.
Kolkata’s Salt Lake City is emerging as an IT hub not in West Bengal, but in the whole of Western India. The tourism sector of Kolkata is already contributing significantly to the economy of Kolkata. Howrah Bridge, Victoria Memorial, Kalighat, Dakshineswar, Birla Mandir, Niko Park, and Durga Puja of Kolkata are the major tourist attractions. Kolkata was once the capital of India as well. Presently the GDP Purchasing power Parity of Kolkata is US$ 250 billion.
Bangalore – GDP: $110 Billion
Bangalore, is located in the state of Karnataka. Bangalore is the capital and largest city of Karnataka. In terms of population, it has become the third-largest city in India. By population, Bangalore Metropolitan Area is the 5th largest metro city in India, as you know that Bangalore has become the IT hub of not only India but of the whole world. It is also known as the “Silicon Valley of India”.
Apart from this, Bangalore is also known as the “IT Capital of India” and “Garden City”. Bengaluru alone contributes over 40% of India’s total IT exports. The estate sector, and the manufacturing sector, are growing very fast. Bangalore is the third fastest-growing city in the world
Bengaluru is India’s best livable city in the list of livable cities as it ranks first in the ease of living index, with a total GDP purchasing power of US$110 billion.
Chennai – GDP: $86 Billion
Chennai is located in the state of Tamil Nadu. Chennai is the capital of the state of Tamil Nadu as well as the largest city in Tamil Nadu. Chennai is the sixth-largest city in India by population and the fourth largest metro city in India by the Chennai Metropolitan Area population.
Chennai’s automobile industry is making an important contribution to the economy here, due to these reasons Chennai is also known as the “Detroit of South Asia”. The beaches, temples, and lakes have been major tourist attractions here. Chennai is the 9th fastest-growing city in India.
Along with this, Chennai is the fourth-best city in India on the list of cities to live in. The GDP purchasing power potential of the city of Chennai is US$86 billion.
Hyderabad – GDP: $83.5 Billion
Hyderabad, which is located in the state of Telangana, is the capital of Telangana and the largest city in the state of Telangana. Hyderabad city has become a major IT hub of our country at present. Along with this, the service sector and manufacturing sector are growing very fast. Hyderabad is famous all over India in the jewelry sector, especially the trading and processing of Pearls is being done in this city for a long time.
That is why Hyderabad is also known as the “City of Pearls”. You know that brother is world-famous for Hyderabadi Biryani, the Telugu film industry here is also making an important contribution to the economy of our country if we talk about the tourism sector. The tourism industry here is already making an important contribution to the economy. Tourist centers like Charminar are famous all over the world, let us tell you that Hyderabad is the fourth fastest-growing city in the world. The GDP Purchasing Power of Hyderabad is US$ 83.5 billion.
Pune – GDP: $69 Billion
Pune city is located in the state of Maharashtra and it is the second-largest city in Maharashtra. Pune city is known for its educational institution, hence it is also called the “Oxford of the East” from the last few years Pune city is moving towards industrialization very fast, it is moving towards becoming a global industry hub, not only in India.
Especially in the automobile industry sector, the city of Pune has registered very rapid growth, along with this, the IT sector and the service sector are also growing very fast, due to which growth has also been seen in the real estate sector if we talk about the tourism sector. So due to the magnificent landscape in the city of Pune, the tourism industry here is already contributing to the economy. Pune is the second-best livable city in India in terms of cities to live in. GDP Purchasing Power of Pune City is US$69 Billion
Ahmedabad – GDP: $68 Billion
Ahmedabad is located in the state of Gujarat and is the largest city of Gujarat. Ahmedabad is famous for textiles industries all over India and the textile industry is a major contributor to the economy of Ahmedabad city. Ahmedabad is known as the “Textile Hub of India” and “Manchester of the East“.
But at present, the service sector and the IT sector are also growing very fast, due to which the real estate sector is also flourishing very fast, especially in WestAhmedabad. The Sabarmati River Front in Ahmedabad Riverfront is the world’s longest riverfront. The tourism sector in Ahmedabad has also increased due to development.
As you know that recently the world’s largest cricket stadium “Narendra Modi Cricket Stadium” has been constructed in Ahmedabad and this cricket stadium is in Sardar Vallabhbhai Patel Sports Inn Club. Therefore, Ahmedabad has made its name proud even in the sports world. According to the ease of living index, Ahmedabad is the third-best livable city in India. The total GDP purchasing power Parity of Ahmedabad is the US $ 68 billion.
Surat – GDP: $59.8 Billion
Surat city is located in the state of Gujarat and is the second-largest city in Gujarat let us tell you that Surat is currently the fastest growing city in the world. Surat city is world-famous for its diamond industries and textile industry, which is why Surat is called ” Also known as “The Diamond City of India” and “Silk City of India”.
Let us tell you that Surat city is also known as the City Of Sun, currently, Surat is growing very fast in the real estate sector and also in the IT sector. Surat is the second cleanest city in India. And it is the fifth most livable city in India in terms of living, ie Surat has secured its place in the major national indexes. On the basis of GDP purchasing power Parity, the total GDP of Surat is 59.8 billion US dollars.
Visakhapatnam – GDP: $48.5 Billion
Visakhapatnam City, which is located in the state of Andhra Pradesh, Visakhapatnam, also known as Vizag, is the largest city in Andhra Pradesh. Visakhapatnam is developing very fast due to being a coastal city and trading center of India. It is addressed as the “Industrial Port of India” because of the rapid growth of industries and manufacturing plants in this city.
At present Visakhapatnam is emerging as a Major Tourist Destination in our country. On the basis of GDP Purchasing Power Parity, the total GDP of Visakhapatnam is US$ 48.5 billion.