India's 21 best cities for business, Bangalore tops

India’s Silicon Valley, Bangalore tops the list of best business destinations in India ranked on the basis of socio-economic and infrastructure factors, according to a study by Global Initiative for Restructuring Environment and Management (GIREM).

Maharashtra leads with three of its cities listed among the 21 business hotspots.

Take a look at India’s best business destinations…

Bangalore

Rank: 1

Score: 129.56

Bangalore scores in terms of schools and colleges, ability to attract infrastructure, office space availability and city culture while it lags on parameters like energy, housing, traffic, malls and multiplexes and getaways.

GIREM recommends that the city should improve civic services and mobility needs to make the city more attractive.

According to GIREM, eco-socio-economic-infrastructure includes well defined economic activity zones,  sufficient water resources, excellent telecommunication network, uninterrupted power supply, availability of talented people, wide range of mobility services, housing closer to work place, better work life balance, good educational institutions, accessible health centres and facilities for hotels, leisure, and shopping.

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Chennai

Rank: 2

Score: 127.84

A major industrial and economic hub in South India, Chennai tops in environment, health & safety, healthcare, human capital and getaways. 

It lags behind in energy, housing needs. GIREM says Chennai has to develop high speed road, rail connectivity and improve the quality of public transport. It also needs to make its factories environment friendly.

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Mumbai

Rank: 3

Score: 123.64

India’s financial capital Mumbai scores on good human capital, energy supply and mobility services, water supply, schools & colleges, health care service and ability to attract talent.
The city also has good number of malls, multiplexes and getaways.

However, Mumbai needs to make satellite integrated township to make space for offices and housing.

The city lags on parameters of environment, health and safety, climate, office space availability and infrastructure.

The study recommends relocation of slums and training of unskilled labour force.

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Pune

Rank: 4

Score: 122.64

Pune is the second city from Maharashtra to be featured in this list.

With several IT companies & automotive companies, Pune has established itself as a business hotspot.

GIREM says the city ranks high on human capital, energy, water, environment, health and safety, schools and colleges, ability to attract talent, climate, office pace availability, city culture and getaways.

The city needs to focus on improving mobility, housing and healthcare services.

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Indore

Rank: 5

Score: 121.04

The richest city in Madhya Pradesh, Indore scores on energy supply, human capital, water supply, mobility, schools, colleges and housing.

The city lags behind in terms of healthcare services, ability to attract talent, office space availability, malls and multiplexes

The city needs to improve its business infrastructure and create more avenues for leisure and recreation.

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Bhubaneshwar

Rank: 6

Score: 119.84

Bhubaneshwar, the capital of Odisha has a good culture, getaways and leads in water management.

The city has scored marginally better in energy, environment, health and safety aspects.

The city lags in terms of human capital, mobility, housing, office spaces, ability to attract talent and malls and  multiplexes.

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Coimbatore

Rank: 7

Score: 119.84

One of the fastest growing Tier-II cities in India, Coimbatore is known as a textile hub. It scores high on water index, good human capital and ability to attract talent.

Other noteworthy aspects include environment, health and safety, climate and getaways.

The city ranks high on offering a good work-life balance society with schools, colleges and better housing facilities in the city.

GIREM says the city needs to improve office space availability, malls and energy and mobility and city culture.

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Ahmedabad

Rank: 8

Score: 119.44

The largest city in Gujarat, Ahmedabad ranks high on energy/power and water supply mobility services and health care services.

Other attractions are environment, health and safety aspects. The city needs to improve on aspects like availability of human capital, housing & office space.

GIREM says Ahmedabad should focus on creating an IT corridor to attract high end services to the city. The city also needs to build a cosmopolitan environment.

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Nagpur

Rank: 9

Score: 119.36

Nagpur ranks high on livability, greenery, public transport, and health care indices.

The city is appreciated for an efficient energy and water supply system, better schools and colleges, pleasant climate and getaway options.

However, GIREM says Nagpur needs improvement on human capital, mobility, housing and healthcare services.

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Kochi

Rank: 10

Score: 117.92

Kerala’s financial hub, Kochi has good eco-socio-economic infrastructure.

With the establishment of Smart City project by Dubai Internet City, Kochi will emerge as the new Silicon Valley of Kerala, says GIREM report.

It lags behind in energy, water and mobility. The city needs to upgrade infrastructure, transport systems, create more office and residential space to attract investments.

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Chandigarh

Rank: 117.28

Score: 117.28

A city known for its architecture and urban design, Chandigarh ranks high on environment, health and safety and human capital.

Chandigarh scores on education with a number of good schools & colleges.

However, the city scored low on office space availability and malls, city culture, climate and getaways.

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Hyderabad

Rank: 12

Score: 116

Hyderabad has developed into a cosmopolitan industrial service centre from a traditional manufacturing city, says GIREM.

The city scores on human capital, water management, mobility and good health care services.

The areas that need improvement are energy, housing, attracting talent, climate and office space availability.

GIREM states recent political and administrative disturbance has created turbulence across several industries in the state.

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Mangalore

Rank: 13

Score: 115.84

Karnataka’s port city, Mangalore, ranks high on human capital, water, environment, health and safety, schools & colleges, health care, city culture and getaways.

GIREM points out that Bangalore has to create alternate sources of energy to cater to its growing needs.

The city has to create integrated high speed road and rail connectivity. Mangalore needs satellite integrated townships.

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Vadodara

Rank: 14

Score: 115.12

An industrial hub in Gujarat, Vadodara scored high on energy/power, healthcare services and water supply.

The city should work towards developing a more cosmopolitan and socio-economic infrastructure.

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Jaipur

Rank: 15

Score: 114.8

Jaipur, the capital city of Rajasthan is one of the biggest exporters of gold, diamond and stone jewellery in Asia.

The city scores on good culture, energy and water supply, housing and educational institutions.

The city lacks modern infrastructure and ability to attract services business.

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Kozhikode (Calicut)

Rank: 16

Score: 114.48

Kozhikode is the second city from Kerala to be ranked among top business hotspots. Also known as ‘land of spices’, Calicut is the third largest city in Kerala.

It scores on healthcare services, better climate and good getaways.

The city finds it difficult to retain talent. Calicut has a huge potential to be a BPO hub, it should improve office space availability and improve air connectivity to other destinations, says GIREM study.

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Noida

Rank: 17

Score: 114.4

New Okhla Industrial Development Authority (Noida), a city within the National Capital Region (NCR) has scored on water management, ability to attract talent and office space availability.

The city scores low on leisure places and city culture.

GIREM suggests that crime rates should be controlled with better safety measures in place to develop this city.

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Kolkata

Rank: 18

Score: 114.24

Despite being a metropolitan city, Kolkata lags behind many smaller cities.

It scores high on culture, good water supply, mobility and health care services

Kolkata scored low in terms of human capital, energy, ability to attract talent, office space availability, malls & multiplexes.

The city needs to improve the human capital and create more housing and office spaces to attract more investment.

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Gurgaon

Rank: 19

Score: 114.08

Gurgaon is the industrial and financial centre of Haryana. 

The city tops the list for having better malls, multiplexes and housing infrastructure.

It scores low on office space availability and ability to attract talent.

The city lacks mobility strategy, has an erratic electricity supply and needs to improve on solid waste management, says GIREM.

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Navi Mumbai

Rank: 20

Score: 111.68

Developed in 1972 as a new urban township of Mumbai, Navi Mumbai is today home to several software companies and commodity markets.

It scores on ability to attract talent and city culture. A new airport likely to come up in Navi Mumbai will boost the city’s prospects.

Mumbai has the potential to create 1 lakh IT jobs in  the next 3 years, if it develops its infrastructure and improves the public transport system, says GIREM.

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Vishakapatnam

Rank: 21

Score: 111.68

Known as the steel city of Andhra Pradesh, Vishakapatnam has good schools and colleges, better health care services. The city attracts large commercial investments from major public and private sector industries.

Vishakapatnam should become more efficient in electricity and water management, points out GIREM.