Top 5 richest city in india by GDP Richest Cities Of India in 2018:- Here are the top 10 richest cities in India in terms of their estimated gross domestic product (as of 2017)
What is GDP – ( gross domestic product ) GDP is the monetary measure of the market value of all final goods and services produced in a particular period of time. the total value of goods produced and services provided in a country during one year.
Top 5 richest city in india by GDP | Richest Cities Of India in 2018
(GDP estimate is $310 billion)
Mumbai houses the headquarters of a large number of major Indian companies like Tata Group, Reliance Industries, Aditya Birla Group, Larsen & Toubro, Godrej Group, and Hindustan Petroleum among others. The city is also headquarters Reserve Bank of India, National Stock Exchange, and Bombay Stock Exchange.
(GDP estimate is $293.6 billion)
The largest cities in North India have one of the lowest unemployment rates in the country. Retail, information technology, telecommunication, hotels, media, banking, power, construction and real estate are key sectors which contribute to the city’s economy. Delhi is home to 18 billionaires.
(GDP estimate is $150.1 billion)
Kolkata is the third richest city in South Asia after Mumbai and Delhi. Kolkata is house of many Indian corporations like Coal India Limited, ITC Limited, Britannia Industries, Allahabad Bank, National Insurance Company and United Bank of India among others. Kolkata is home to 4 billionaires.
(GDP estimate is $110 billion)
Bengaluru contributes more than 35 percent of India’s IT exports. The city also houses some major manufacturing industries like Bharat Heavy Electricals Limited, Bharat Electronics Limited, and Bharat Earth Movers Limited among others. Infosys and Wipro have their headquarters in Bengaluru. The city is home to 8 billionaires.
(GDP estimate is $78.6 billion)
The city contributes 14 percent in the country’s information and technology services making it second largest exporter in the IT and BPO sector. The city is home to 40 percent of India’s automobile industry which earned Chennai the nickname ‘Detroit of India’. The city is home to 4 billionaires.