10 Cities With The Most Business Opportunities

9. Mumbai

Mumbai is the capital city of the Indian state of Maharashtra, eighth most populous city in the world. It is also the wealthiest city in India and has the highest GDP in India, generating 6.16 percent of the total GDP in South, West or Central Asia.

Mumbai is the biggest hub for business opportunities, contributing 10 percent of factory employment, 25 percent of industrial output, 33 percent of income tax collections, 60 percent of customs duty collections, 20 percent of central excise tax collections, 40 percent of India's foreign trade and 4000 crore in corporate taxes.

The city has the potential to offer a higher standard of living, attract migrants from all over India, making this city a melting pot of many communities and cultures.

8. Istanbul

Istanbul is the largest city in Turkey, the largest urban agglomeration in Europe. Istanbul is one of the fastest-growing metropolitan economies in the world. With an adjusted gross domestic product of $301.1 billion, Istanbul ranked 29th among the world's urban areas in 2011.

According to Foreign Policy and the McKinsey Global Institute, Istanbul will register the 14th-highest absolute GDP growth among world cities by 2025, with a nominal increase of $291.5 billion.

As expected for a city of its size, Istanbul has a diverse industrial economy, producing commodities as varied as olive oil, tobacco, transport vehicles, and electronics. Despite having a focus on high-value-added work, its low-value-added manufacturing sector is substantial, representing just 26 percent of Istanbul's GDP, but four-fifths of the city's total exports.

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