6 Indian Metros With High Economic Growth


Kolkata
Kolkata is another Indian metro which contributes greatly to the country’s economy. Kolkata ranks third with GDP of $46.1 billion. Measuring GDP may seem complicated, but it can be basically calculated in two ways; by adding up what’s earned by everyone in a year or by adding up the amount spent by everyone in a given year.

Kolkata has a population of 14,737,823 as of 2012.The city’s economy is driven by many industries operated by both public and private sector corporations. The chief sectors include, heavy engineering, steel, minerals, cement, food processing, pharmaceuticals, electronics, textile, agriculture and jute. Kolkata also resides the headquarters of three major public sector banks. As in many Indian cities, Kolkata has shown a high growth in IT sector over the years. The city has also made high investment in infrastructure, real estate, retail and hospitality sectors. There have been many hotels and large shopping malls launched in the city. The total count of employment in Kolkata is 5,130,748 as of 2012.

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