Tier II & III Cities - Growth Engines for the Future
Ar Apurva Bose Dutta
Immense Potential
As one witnesses a saturation in the economic growth and construction opportunities of the major cities of India, concurrently a number of tier II and III cities have been found to deliver a successful economic growth in the past decade. Tier II cities like Ahmadabad, Kanpur, Chandigarh, Patna, Dehradun, Pondicherry, Pune etc have a population of around one million, whereas minor cities with population less than one million like Madurai, Baroda, Nashik and Trichy are termed as Tier III cities.
Inspite of low public investments, these cities are promising a great potential. With a success story in all the fields, they have some inherent advantages like possessing basic amenities, ample availability of land and skilled labour.
