Delhi Ranks 350 In Oxford Global Cities Index Report 2024

Delhi has achieved the best ranking among Indian cities in the 2024 Oxford Economics Global Cities Index, positioned at 350th. This index analyzes the global standing of 1,000 cities based on several pivotal categories.

Oxford Economics Global Cities Index Overview

The Index tells you everything you need to know about the world’s biggest cities in five key areas: Economics, Human Capital, Quality of Life, Environment, and Governance. These scores are added together to get each city’s total rank. According to the most recent report, New York is still the best city in the world, and Delhi is the best city in India.

Performance of Indian Cities

Once Delhi was out of the top 10, other big Indian towns like Bengaluru and Mumbai came in at 411 and 427. Even though Indian cities are economically important, they don’t do very well on the list. This is especially true in categories like Quality of Life and Governance, where places like Kyiv and Myanmar that are run by the military have done better.

Detailed Rankings and Categories

Delhi got the 55th spot in Human Capital and the 108th spot in Economics in their own categories. Even though Bengaluru and Mumbai are very important to the world economy, they did not do as well. Sultanpur, Uttar Pradesh, is ranked 1000th out of all the towns that were looked at. The cities that are included in the 2023 report make up 60% of the world’s GDP and home to 30% of the world’s people. This shows how important these cities are to the world’s economy and population.

More About Oxford Economics Global Cities Index

• Economic Growth Projections: The index forecasts economic growth trends for major cities worldwide up to 2035. Tokyo, traditionally a top performer, may face economic decline. Indian cities like Delhi and Mumbai are projected to experience significant economic growth.
• Employment and Income Trends: Technologically advanced cities such as San Francisco and Seattle are expected to lead in income growth. The tech industry plays a crucial role in driving urban economies.
• Population Trends:The index also tracks population trends, highlighting shifts in urban demographics.
• Rapid Growth in Emerging Cities: Cities like Jakarta and Manila are noted for their rapid economic growth despite facing infrastructural challenges.
• European Cities: European cities are growing at a slower pace but maintain high income levels per capita.

Month: Current Affairs - May, 2024

Category: Reports & Indexes Current Affairs