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Mumbai named among 'world capitals of the future'
fullstory
Chicago, Sept 3 (PTI) India's financial hub Mumbai is emerging as one of the "world capitals of the future", with an expanding industrial base, the world's largest movie industry and a burgeoning middle class making the city globally prominent, a latest study has said.
Other Indian cities, Bangalore and Hyderabad, also find mention alongwith Mumbai with the two cities having "leveraged software and business services into a seemingly unstoppable growth engine," according to a Forbes.com report.
"Mumbai's prominence rests not just on an expanding industrial base, but also on the illustrious Bollywood, the world's largest movie industry. The bust of Mumbai's ridiculous housing-price boom has actually seemed to help the economy," the report by Forbes columnist and presidential fellow at Chapman University, Joel Kotkin said.
fullstory
Chicago, Sept 3 (PTI) India's financial hub Mumbai is emerging as one of the "world capitals of the future", with an expanding industrial base, the world's largest movie industry and a burgeoning middle class making the city globally prominent, a latest study has said.
Other Indian cities, Bangalore and Hyderabad, also find mention alongwith Mumbai with the two cities having "leveraged software and business services into a seemingly unstoppable growth engine," according to a Forbes.com report.
"Mumbai's prominence rests not just on an expanding industrial base, but also on the illustrious Bollywood, the world's largest movie industry. The bust of Mumbai's ridiculous housing-price boom has actually seemed to help the economy," the report by Forbes columnist and presidential fellow at Chapman University, Joel Kotkin said.
