Delhi is soon going to be Asia’s fastest growing city in Asia. Its economy will be 50% bigger in 2021 than what is was in December 2016, termed by a study of Oxford Economics that ranks Asia’s 30 largest cities.
Indian cities will also expand the most across the Asian region, with growth speeding up from the past five years.
New Delhi has already become the potential big market for several international companies. Similarly, Amazon.com Inc’s Indian unit is looking to invest in a food-supply chain and take advantage of government’s moves to ease rule on foreign retailers. Japan Muji’s has found India becoming the second largest market after China.
India’s fast growth in finance and business will reflect directly in New Delhi and will increase the income and will lead to higher growth as suggested by further studies.