Indian cities are struggling to accommodate the accelerated pace of urbanization – resulting in crumbling urban infrastructure and unaffordable options for urban accommodation
Urbanization is only bound to rise – with a manufacturing - led, knowledge driven economy forming the core focus of India’s efforts at creating a ‘step change’ in economic growth. Our industrial growth ecosystem must be planned and created – liveable cities will need to enable people to live and work near production zones.
By 2031, the urban share of GDP is expected to rise from 52% to 75%. The national level of urbanisation in India will rise from 31% in 2011 to 50% by 2031, and more than 600 million Indians will choose to live in urban areas. Urban areas of the future will be clustered – almost 50% of all future urban Indians will be concentrated in 87 metropolitan cities.