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Identifying higher potential states and cities in India

Thursday, October 30, 2014 11:22

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McKinsey finds that eight high-performing states in India will account for some 52 percent of India’s incremental GDP growth from 2012 to 2025. Along with four very high-performing city-states, these eight will have 57 percent of India’s consuming-class households in 2025. Rapid urbanization and the associated income growth will propel the high-performing states to per capita income levels similar to those of today’s middle-income nations. In 2025, for instance, Maharashtra’s 128 million residents will have a purchasing-power parity similar to Brazil’s today. Goa’s and Chandigarh’s 2025 purchasing-power parity will mirror that of Spain today.

India’s economic geography in 2025: states, clusters and cities Identifying the high potential markets of tomorrow

Source: http://nextbigfuture.com/2014/10/identifying-higher-potential-states-and.html

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