Indian Cities to See Fastest Growth in Asia Over Five Years

[Mr.Nair]

The problem is many Pakistanis never visited India, hence they tend to assume India to be just like Pakistan...as both have got Independence at the same time. Delhi GDP will be almost near to Pakistan and will cross Pakistans if Delhi economy grew by 50% as projected by the above report by 2022

There minister came with some sense in 2012 his statement, unfortunately many pdf pakistani's don't know, what is delhi ncr..!

http://timesofindia.indiatimes.com/...ped-on-similar-lines/articleshow/17799719.cms

 

[Kyoto]

The problem is many Pakistanis never visited India, hence they tend to assume India to be just like Pakistan...as both have got Independence at the same time. Delhi GDP will be almost near to Pakistan and will cross Pakistans if Delhi economy grew by 50% as projected by the above report by 2022

I think it's the other way round

If the city of Delhi had a nomimal GDP of $300 billion + it would have a GDP per capita of $15,000 and almost rival Chinese cities like Shanghai and Beijing. That is a PPP measurement, by which Karachi's GDP is over $200 billion right now and Pakistan as a whole is over $1 trillion.

And secondly, India only overtook Pakistan's GDP per capita in 2010, and that will probably change when we fix our measurement base since we have a much larger informal economy. A lead of $200 in GDP per capita means nothing internationally.

 

[Mr.Nair]

There are more than 10 million vehicles registered in Delhi NCR,please let us know how many with karachi+lahore+islamabad+other major cities combined?

 

[N.Siddiqui]

Delhi GDP will be almost near to Pakista

Top Ten Cities in India by GDP
S. N. City 2011 GDP (PPP) in USD
1 Mumbai $209 billion
2 Delhi $167 billion
3 Kolkata $150 billion
4 Bengaluru $83 billion
5 Hyderabad $74 billion
6 Chennai $66 billion
7 Ahmedabad $64 billion
8 Pune $48 billion
9 Surat $40 billion
10 Vishakhapatnam $26 billion


http://www.mapsofindia.com/top-ten-cities-of-india/

This is the GDP PPP figure of Indian cities, Pakistan GDP PPP has crossed 1000 billion USD and even in 2011, of which the above figure are given Pakistan GDP PPP was more than 800 billion USD.

More internet hoax in India like 40% of NASA were Indians, 45% of MS staff were Indians , India piped out China in FDI, I keep on reading such juvenile reports in Indian media...

 

[Mr.Nair]

Top Ten Cities in India by GDP
S. N. City 2011 GDP (PPP) in USD
1 Mumbai $209 billion
2 Delhi $167 billion
3 Kolkata $150 billion
4 Bengaluru $83 billion
5 Hyderabad $74 billion
6 Chennai $66 billion
7 Ahmedabad $64 billion
8 Pune $48 billion
9 Surat $40 billion
10 Vishakhapatnam $26 billion


http://www.mapsofindia.com/top-ten-cities-of-india/

This is the GDP PPP figure of Indian cities, Pakistan GDP PPP has crossed 1000 billio USD and even in 2011, of which the above figure are given Pakistan GDP PPP was more than 800 billion USD.

More internet hoax in India like 40% of NASA were Indians, 45% of MS staff were Indians , India piped out China in FDI, I keep on reading such juvenile reports in Indian media...

So according to above even if you add all GDP and other cities combined, how come Indian GDP PPP is 9400 billion dollar in 2017, the rest coming from villages ?

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

These are IMF figures and not indian media figures....

 

[N.Siddiqui]

The problem is many Pakistanis never visited India, hence they tend to assume India to be just like Pakistan...as both have got Independence at the same time. Delhi GDP will be almost near to Pakistan and will cross Pakistans if Delhi economy grew by 50% as projected by the above report by 2022

Also I do hope you know the difference between GDP nominal and GDP PPP...

read this, this is GDP PPP figure....
As per the latest analysis, the Mumbai extended urban agglomeration (EUA), consisting of Mumbai, Navi Mumbai, Thane, Vasai-Virar, Bhiwandi and Panvel, had a 2015 GDP of US $368 billion when seen in terms of purchasing power parity (PPP), using a 2012 PPP conversion rate of Rs 15.5 per dollar.

http://timesofindia.indiatimes.com/...ias-economic-capital/articleshow/55655582.cms

Pakistan GDP PPP is well over 1000 billion USD now...

 

[SingaporeGuy]

From the map, it looks almost all of India is expanding at much faster rate than any other country.

India is only leading china by 0.4% growth.

At this rate, the cumulative growth of india still behind china hence india still cannot overtake china not in next 100 years

 

[N.Siddiqui]

other cities combined, how come Indian

This is because cities GDP nominal and GDP PPP has less difference as the PPP GDP is lower in cities. BTW the GDP of Tokyo nominal is equal to 2 trillion USD , that is GDP nominal, almost equal to all of India with a population of 1.35 billion versus a city of 30 million.
India rank in GDP per capita is 131 in the world....

10 million vehicles registered in Delhi NCR,

How many cities in Delhi NCR, and BTW how many of then were 2 wheelers and 3 wheelers.

 

[ito]

India is only leading china by 0.4% growth.

At this rate, the cumulative growth of india still behind china hence india still cannot overtake china not in next 100 years

@Mr.Nair has posted the long term growth projects of India and China... According to Harvard University, India is projected to grow almost twice the China's average...

Long term growth prospects matter more than this year growth difference.

 

[Navin A]

From the map, it looks almost all of India is expanding at much faster rate than any other country.

Why is Kolkata not growing? oh yeah, that is TMC and Left have wrecked it so badly along with illegal Bangladeshi population with the leadership at the helms of Mamata Begum. Such a sad story!

 

[N.Siddiqui]

Long term growth prospects matter more than this year growth difference.

China GDP is now closing onto 12 trillion USD figure, India is 2.45 trillion USD. A similar growth rate for India and China has totally different connotations, China GDP is 5 times bigger than India.

Even with a slow growth rate of 6% and above for China, it's total GDP growth per year will be equal to 5 times that of India. And India and China has almost same population.

 

[ito]

Also I do hope you know the difference between GDP nominal and GDP PPP...

read this, this is GDP PPP figure....
As per the latest analysis, the Mumbai extended urban agglomeration (EUA), consisting of Mumbai, Navi Mumbai, Thane, Vasai-Virar, Bhiwandi and Panvel, had a 2015 GDP of US $368 billion when seen in terms of purchasing power parity (PPP), using a 2012 PPP conversion rate of Rs 15.5 per dollar.

http://timesofindia.indiatimes.com/...ias-economic-capital/articleshow/55655582.cms

Pakistan GDP PPP is well over 1000 billion USD now...

Unfortunately for you...Pakistan is not catching up with India but the gap is further widening. You can see the projections of citi and other organizations...the gap is growing much faster in the future.

China GDP is now closing onto 12 trillion USD figure, India is 2.45 trillion USD. A similar growth rate for India and China has totally different connotations, China GDP is 5 times bigger than India.

Even with a slow growth rate of 6% and above for China, it's total GDP growth per year will be equal to 5 times that of India. And India and China has almost same population.

See the projections...India's economy will be half that of China's in next 30 years...That is a great gap reduction from 1:5 now to 1:2 by 2040.

 

[N.Siddiqui]

Pakistan is not catching up with India but the gap is further widening.

If you look at the 70 year post independence period of India and Pakistan, Pakistan GDP growth rate from 50's to late 90's were almost twice that of India, specially in the 60's and 70's and during Musharraf era.

India was known for 'Hindu rate of growth of about 2-2.5% per year when Pakistan was growing at above 5% over those years,

After the N.Roa opened up the Indian economy to a more formal economy India witnessed positive growth, in MMS era and now. Pakistan was never a closed economy like earlier India and this is one of the reason that Indians are over awed by recent growth, new cars, new electronic gadgets, new cellular phones and so on and so forth.

Yes it is also true that in the last 10-12 years Pakistan lagged behind India in growth, but that is a temporary thing due to WOT, Corrupt regimes of Zardari and Nawaz, and many other factors...its doesn't necessarily mean Pakistan cannot reach the Indian growth figures in coming years...times and things are changing here in Pakistan at fast pace.

Unfortunately for you...Pakistan is not catching up with India but the gap is further widening. You can see the projections of citi and other organizations...the gap is growing much faster in the future.



See the projections...India's economy will be half that of China's in next 30 years...That is a great gap reduction from 1:5 now to 1:2 by 2040.

That would be great, but projections can go haywire...check the IMF projections of Brazil and Indonesia now they are nowhere in growth parameters.

 

[Navin A]

China GDP is now closing onto 12 trillion USD figure, India is 2.45 trillion USD. A similar growth rate for India and China has totally different connotations, China GDP is 5 times bigger than India.

Even with a slow growth rate of 6% and above for China, it's total GDP growth per year will be equal to 5 times that of India. And India and China has almost same population.

yep and their debt stands at 33 trillion! the deficit is more than revenue... so, please...

 

[Acknowledge]

its doesn't necessarily mean Pakistan cannot reach the Indian growth figures in coming years...times and things are changing here in Pakistan at fast pace.

You would be right ....if India had stopped its process of reformation.

But that has not happened, India has undertaken ridiculously painful set of next generation reforms to ensure that the economy continues to grow even faster. And many more are lined up.

So yes, while historically Pakistan was a more liberal and open economy while India was a closed economy, while, today, India is not only a more open economy, it is undertaking further deep structural reforms that are politically only feasible in Pakistan under a dictator or a demagogue.

Which implies one thing - that India will continue to widen its lead instead of Pakistan reducing India's lead.