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India's 10 fastest growing cities

February 06, 2008

5. NEW DELHI

Growth rate: 8.4%

Though it can't rival Mumbai in terms of contribution to the growth of the Indian economy, the capital of India, is no pushover.

Delhi's, (including its nine districts and adjoining Noida, Ghaziabad, Faridabad and Gurgaon) total GDP stood at Rs 1,60,739 crore (Rs 1,607.39 billion). It contributes 4.94 per cent to all-India GDP.

Connaught Place, one of northern India's largest financial centres, is located in the heart of Delhi.

Being an important commercial centre in South Asia, Delhi has a per capita income of Rs 53,976, which is more than double the national average.

Delhi's key service industries, backed by as strong and well laid out infrastructure, include IT, telecommunications, hotels, banking, media and tourism. In recent times, Delhi's manufacturing industry has grown considerably and consumer goods industries have established manufacturing units and headquarters in and around the capital.

Construction, power, telecommunications, health and community services, and real estate form the backbone of Delhi's economy. The capital's retail industry is one of the fastest growing industries in India.

Public transport in Delhi consists of buses, auto rickshaws, taxis, suburban railways and metro rail.

Image : A train of the New Delhi Metro passes by a new temple dedicated to and made in a likeness of Lord Hanuma. The city's taliest Hunuman Idol measuring some 32.9 Meters (108 feet), was completed and opened after more than 12 years in construction.

Photograph: Raveendran/AFP/Getty Images

Also read: Best city to live in? Delhi beats Mumbai

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