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by Asian Development Bank (Author)
This report discusses bottlenecks that could prevent cities in India from realizing their economic potential and outlines strategies to overcome these.
The urbanization process unfolding in India holds much promise for the country's economic aspirations. With its urban population expected to increase by 400 million people by 2050, the report explains why India should develop city-level economic visioning, undertake master planning that is integrated with economic goals, and ensure a regulatory environment conducive to business growth. Taking notes from global cities, it recommends comprehensive steps that include applying a multisector approach to planning and building capacity to help create jobs, increase incomes, and drive economic growth.
