Kolkata has emerged as one of the top three fastest growing cities in India in AT Kearney’s Global Cities Index, which is topped by New York and London. The other two cities are Mumbai and Bengaluru.
Kolkata has been improving their scores steadily in business activity, information exchange, human capital and cultural experience – key parameters used to measure a city’s global engagement in the index released today, said the London-based global management consulting group.
Kolkata, along with the two other Indian cities have made particularly strong improvements in information exchange, in part due to gains in the number of broadband subscribers, it said.
The ability to attract human capital is key to the success of any city. For that it needs to be able to provide a good environment for living as well as innovation,” said an official of AT Kearney.
The Global Cities 2015 includes two parts – The Global Cities Index (GCI) and the Global Cities Outlook (GCO).
The GCI provides a unique assessment of global engagement for 125 cities, measuring how globally engaged each city is across 26 metrics in five dimensions- Business Activity, Human Capital, Information Exchange, Cultural Experience, and Political Engagement.
The GCO is new this year: It evaluates the future potential of 125 cities based on the rate of change across four dimensions – Personal Well-being, Economics, Innovation, and Governance.
West Bengal Chief Minister Ms Mamata Banerjee informed about this feat through Twitter:
Kolkata emerges as the one of the Top 3 Fastest Growing Cities in India in A T Kearney’s Global Cities Index. NY, London top list (1/2)
— Mamata Banerjee (@MamataOfficial) May 21, 2015
Key parameters of A T Kearney’s Global Cities Index: business activity, info exchange, human capital and cultural experience (2/2) #Kolkata
— Mamata Banerjee (@MamataOfficial) May 21, 2015