Before moving to the top cities, let’s first know about what the term GDP is? And why it is important.
What is GDP and why it’s important to measure GDP?
GDP is important because it supplies advice concerning the size of this market and also the way that an economy is currently performing. The growth pace of genuine GDP is most often used as an indicator of their general health of the market. Even in massive terms, growth in real GDP is demonstrated like a sign the market is succeeding.
Now let us learn about the Top 10 Indian cities by GDP in 2020.
- Home to Bollywood
- GDP: $310 billion
Mumbai rankings number one about among the richest cities in India and also the 12th richest cities on earth. Mumbai is one of the biggest city of India and It is also known as The financial capital of India. The Bombay Stock market and Reserve Bank of India are also located in Mumbai.
This city manages over 70% trades of India.
The city contributes to significantly more than 6% of this overall Indian market.
Mumbai is currently the headquarters for NSE, BSE, RBI, and several Different establishments
The city of Mumbai is also a hub of various companies like Reliance, Tata and Aditya Birla etc.
>> The Taj Mahal Palace
>> Marine Drive
>> Gateway of India
>> Siddhi Vinayak Temple
>> Mahalakshmi Temple
>> Elephanta Caves
>> Red Carpet Wax Museum.
- The capital city of India
- GDP: $167 billion
Delhi rankings to the next number with this list because it is one of the wealthiest cities of the planet with a GDP of $293.6 billion.
Delhi is the hub of big industries which has works in the domain of health field, IT field, telecommunication sector, BPO.
>> India Gate
>> Qutub Minar
>> Lotous Temple
>> Purana Quila
>> Rashtrapati Bhawan
>> Red Fort
>> Iskcon Temple
>> Akshardham Temple
>> Parliament House.
- The city with cultural Heritage
- GDP: $150 billion
Kolkata, the cultural capital of India is also the capital of West Bengal. Kolkata has a Well-established stock trade market and there are several industries which are registered and established in the stock trade market.
Kolkata could be your financial, industrial and commercial heart of the North East area. The city can be rich in artwork, literature, and culture with regions like Shanti Niketan found there.
>> Victoria Memorial
>> Howrah Bridge
>> Birla Mandir
>> Kalighat Kali Temple.
- Silicon Valley of India
- GDP: $83 billion
Bengaluru is the capital city of Karnataka and it has several IT companies, thanks to which it is often called Silicon Valley of India. Bengaluru is the industrial hub of IT and electronics sectors. Many of PSU’s are situated in Bengaluru like BHEL, Bharat Earthmovers Ltd and Bharat Electronics Ltd.
This city is one of the absolute most preferred ones by business people.
Almost 35 per cent of IT experts have been working in Bangalore.
Bengaluru is also the Aviation industry of India. More than 65 % of aviation industries are situated in Bangalore.
It will be home to Hindustan Aeronautics and contains engineering facilities for companies like Airbus, Boeing, etc. Bengaluru is also a hub of Lace industries of India.
>> Bangalore Palace
>> Tipu Sultan’s Summer Palace
>> Lal Bagh
>> Bannerghatta National Park.
- Gateway to South India
- GDP: $66 Billion
Chennai is the capital of Tamil Nadu. It is also known as the financial as well as the cultural hub of Southern India. Chennai ranks in the list of one of the safest cities of India.
Automobile Industry leads a lot to Chennai’s market. The Economy of Chennai majorly depends on Automobile sectors, BPO’s, medical field, IT sector and tourism sector.
It Is the biggest electronic exporter of all India with approximately 50% of their overall exports making it an obvious choice for the wealthiest cities in India. Chennai is the hub of vehicle industries like BMW, Ford, Tata and Nissan.
>> National Art Gallery
>> Marina Beach
>> Kapaleeswarar Temple
>> Arignar Anna Zoological Park.
- City of Biryanis and Pearl
- GDP: $74 Billion
Hyderabad is well known for its pearl and diamond trading in South India. The city is one among the many most effective Indian cities to call home and work in. Hyderabad is located in the hilly region which is surrounded by many lakes.
The city has the Biggest variety of SEZ in India.
Hyderabad is also known as the home of Pharmacy companies in the world.
Hyderabad is one of the biggest IT hub of India where most of the big companies are situated like Google, TCS, IBM, Amazon, etc.
>> Chowmahalla Palace
>> Ramoji Film City
>> Golconda Fort
>> Hussain Sagar
- Oxford of the East
- GDP: $48 Billion
Pune is well-known as the cultural capital of Maharashtra and It is widely known worldwide for its vast development and its urban cultures. This city can be known for both IT associations, car and auto ventures, including BPO trading and car building.
Pune is the hub of various companies like Mercedes, Tata Motors, Renault, etc.
Several famous academic institutes are also situated within the city. It is the city having many richest people of India.
>> Aga Khan Palace
>> Dagadusheth Halwai Ganapati Temple.
- The textile hub of India
- GDP: $64 Billion
This really is one among those fastest-growing cities and is still one of the best cities to reside in. Ahmedabad is known as the financial and commercial capital of Gujarat and It is the epicentre of large Industries. You’ll find several critical companies located within the city and the spot is popularly well known for the fabric industry.
Several Foreign companies like Adani Team, Arvind Mills, Cadila, Torrent Pharmaceuticals and also Nirma is located from the city.
The city is the biggest supplier of denim and also the biggest exporter of jewellery and stone, therefore, a continuing within the top ten richest cities in India for a lot of years.
>> Adalaj Stepwell
>> Kankaria Lake
>> Sabarmati Ashram.
- The City of Sun
- GDP: $40 Billion
Surat is currently one among the most affluent cities in India and is your best growing urban community. Surat gets the largest stone reducing-edge and cleaning centres and is especially known for the diamonds.
Surat accommodates some well-known industries like Ultra-tech, ONGC, Ambuja Cement and Reliance Industries. Surat’s fabric factories is a big hub for the printing and dyeing industries.
Its economical involvement frees the addition from the wealthiest cities in India.
90% of diamonds which can be derived from India are cut and polished at Surat.
The city Surat accommodates a big Fabric making units which includes printing units and thousands of cloth weaving mills.
>> Science Center
>> Sardar Patel Museum
>> Dumas Beach.
- The Port city of India
- GDP: $26 Billion
Vizag can be just a great financial destination which can be known as the financial capital of Andhra Pradesh. This coastal city is famous because of its drug, programming pharmaceutical and pharmaceutical industry. Visakhapatnam is the hub of huge industries like the Hindustan Shipyard and the Visakhapatnam Steel Plant.
Vizag is well-known for its urban cultures across India.
The area has India’s earliest shipyards and a few of the biggest seaports.
Vizag is the hub of many PSU’s like Vizag Metal Ltd, GAIL India, and Hindustan Metal Ltd.
The growth of the IT hub is in progress in Vizag.
Vizag can be a hub to its export of both dried and lettuce seeds.
>> Submarine Museum
>> Borra caves
>> Araku valley.