1、 Boston Consulting Group 2023 1 Cities of the Future:Reimagining and Rejuvenating Indias Top 50 Urban Ecosystems FEBRUARY 2023By Suresh Subudhi,Saurabh Bakliwal,and Shubhika BilgramiIndias economy has achieved substantial growth over the past 25 years.Our national GDP has grown approximately 6-fold,

2、from US$0.5 trillion in 1996 to US$2.8 trillion in 2021.Much of this progress was driven by the economys transition from one being based on agriculture to one based on services.This shift also led to the emergence of the economic powerhouses of our country:Indian Megacities.Boston Consulting Group 2

3、023 2 1.https:/ October 2019 and June 2020 for Delhi and UP3.https:/dipp.gov.in/sites/default/files/FDI_Factsheet_June20_23Sept2020.pdf uptatur?4.https:/ 5.https:/ According to some estimates,Indias urban population contributes 63%to GDP,which by 2030 is expected to rise to 75%.However,growth has no

4、t been equitable across cities.The metros and a few tier-1 cities have grown rapidly,while other smaller towns and cities have languished behind or even declined in their relative importance to our economy.This model of growth has created extreme pressure on Megacities,making them increasingly unliv

5、able.With Indian youth from smaller cities finding themselves disfranchised from access to quality economic opportunities and social infrastructure,India has over the years witnessed unprecedented migration from urban-to-urban areas.As per the last Census,81%of new migrants in the top six metros wer

6、e from other cities1.In this context,we have identified three critical areas that need to be addressed going forward1 Economic and social inequity across cities:A lack of structured planning has led to the concentration of wealth in megacities.While Delhis per capita income was Rs 355,000 in 2020,sm