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Mumbai among hot-and-happening global cities

July 21, 2014 11:27 IST

Mumbai among hot-and-happening global cities

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Each city across the globe is different in its own way.

A few cities are known for their high standard of living, some may be popular for their infrastructure facilities and other cities may also be famous for their investor friendly polices.  

But there are around 30 cities which can flaunt of offering an entire gamut of opportunities including world class intellectual capital, its technological innovations, its accessibility to the rest of the world, its economic clout and its flexible policies for doing business.  

Global consulting firm PWC has come out a report titled City of Opportunities 6, (the sixth edition of the survey) which lists 30 cities that offer best opportunities to businessmen and the people who live in it.

Mumbai too has made a place for itself at 27th position.

Please click NEXT to read other cities in the list...


Image: A girl has a drink while standing next to the bar at the Ren by China Garden nightclub in Mumbai.
Photographs: Vivek Prakash/Reuters
Tags: PWC

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London

Rank: 1 

London is known for its robust economic and social base.

The city is best known for its intellectual capital and technological innovation as a result there are around 5,000 IT firms in London and the number is increasing at a rapid pace.

The city is well-liked by businessmen due to its existing investor friendly policies.

Those residing in this city enjoy a high quality of living compared to those in other European cities.

Healthcare, infrastructure, and recreational facilities are also of a very high standard.

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Photographs: Olivia Harris/Reuter

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New York

Rank: 2  

New York is the perfect city for those who like to experience a unique culture.

Cost of living in the city is steep, but those who prefer offices to be in the proximity of their home would would not mind paying steep rent.

It is a vibrant and a technologically advanced city with plenty of green space.

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Image: Fifth Avenue, the most expensive street in New York.
Photographs: A Ballets/Reuters
Tags: New York

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Singapore

Rank: 3  

Singapore is home to many Chinese, Arabs, Indians and European nationals who are working there as expats.

It is a traditionally and culturally rich city-state with a very efficient government. It is a flourishing state that excels in trade and tourism.

Also, it is considered to be the best place by foreigners to set up businesses in a hassle-free environment.

The city is best known for maintaining its competitive edge globally.

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Image: A tourist boat travels near the Merlion statue overlooking the Marina Bay Sands Casino construction site in Singapore.
Photographs: Matthew Lee/Reuters
Tags: Singapore

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Toronto

Rank: 4

Being the financial capital of Canada, Toronto houses world-class banks and brokerage firms.

The city offers a peaceful life with a robust infrastructure and very low crime rate. 

Around 50 per cent of the population are foreigners due to which the city’s culture is very diverse. 

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Image: Toronto's Nathan Phillips Square.
Photographs: Courtesy, Paolo Costa Baldi/Wikimedia Commons

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San Francisco

Rank: 5  

San Francisco is by far the leading financial and cultural hub among other cities in California.

It is also the second most densely populated major city in the United States after New York.

It is a politically, economically and socially stable city that never fails to fulfil aspirations of those living in it.

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Image: Boutiques along the famous Fillmore Street in Pacific Heights in San Francisco.
Photographs: Courtesy, Paolo Costa Baldi/Wikimedia Commons

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Paris  

Rank: 6  

Apart from being considered the fashion capital of the world, Paris is also known for offering a high standard of living along with enormous business and job opportunities.

This capital city of France is also famous for its cuisine, nightlife and clean and green environment.

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Photographs: Reuterus
Tags: Paris , France

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StockHolm

Rank:7

StockHolm, the capital city of Sweden  is known for its beautiful landscape and clean environment.

The city houses most government agencies, courts and business houses. Citizens enjoy a peaceful life along with a balanced professional life. Work related polices are very flexible.

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Image: The Royal Palace of StockHolm
Photographs: Courtesy, Brorsson/Wikimedia Commons

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Hong Kong 

Rank: 8

Hong Kong has liberal rules and regulations which makes an average citizen’s life easier.

The country has a very transparent judicious system and a very robust road infrastructure.

Expatriates residing in Hong Kong have high regards for existing investment policies.

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Image: With its panoramic views over Hong KongIsland and VictoriaHarbour, the prestigious Pollock's Path on The Peak is the world's most-expensive street.
Photographs: Daniel Case/Wikimedia Commons
Tags: Hong Kong

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Sydney

Rank: 9  

Sydney is known for its cosmopolitan nature and this is why it is home to many foreign nationals.

The most populated city of Australia has a rich and a vibrant economy too.

Tourists who have been there swear by the amazing experience they had on their holiday.

The city houses many multi-national companies and has a lot of open spaces.

A peaceful and serene lifestyle along with high growth prospects makes it a happening city.

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Image: An aerial view of Sydney's Opera House and Circular Quay in the city's central business district.
Photographs: Mark Baker/Reuters

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Chicago

Rank: 10

Chicago is the third most populated city in the United States and is known for a very rich culture which includes theatre, poetry and literature.

Chicago is considered as an international hug for finance, investment and technology.

Its economy is quite balanced, say global economists.

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Image: Chicago Building.
Photographs: Courtesy,Sam-son/Wikimedia Commons

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Berlin

Rank: 11

Berlin is Germany's largest city with a very affluent culture.

The city is very progressive in terms of technology and innovations, business policies and in terms of acceptance of other cultures.

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Image: The Spree in central Berlin, with Oberbaum Bridge.
Photographs: Courtesy,Sitacuisses/Wikimedia Commons

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Los Angels

Rank: 12

Los Angeles is the most populated and ethnically diverse city in the US. Along with a very friendly environment, the city’s economic growth has been consistent in the past five years.

It is also host to many expatriates due to its multi-cultural characteristic.

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Image: Echo Park Lake.
Photographs: Sterling DavisWikimedia Commons

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Tokyo

Rank: 13

Tokyo is one of the riches cities in Asia. Its GDP growth has been consistent since past many years.

This capital city of Japan is known for prosperity, culture and business strentgh.

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Photographs: Yuya Shino/Reuters

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Seoul

Rank: 14 

Being the largest metropolitan city of South Korea, Seoul is host to many multi-national companies.

The city has diverse culture and a very strong judicious system. Corporate houses of international repute are gradually setting up shops in the city.

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Image: Seoul' city centre.
Photographs: Courtrsy, Sam-son/Wikimedia Commons

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Madrid

Rank: 15

Madrid is the largest city of Spain and due to its high GDP growth, it influences global trade, fashion industry, culture and even politics.

The city is considered an international financial hub of Southern Europe due to its economic output and high standard of living.

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Image: Plaza Mayor Square.
Photographs: Courtesy, Sebastian Dubiel/Reuters

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Dubai

Rank: 16

Dubai is not only considered a gate-way to Europe but is also popular as a shopping hub. Its finance, travel and tourism sectors are blooming.

The city is also known for its large scale real estate projects like the Emirates Towers, The Burj Khalifa and the most expensive hotel, The Burj Al Arab.

The city has diversified from a trade-based oil reliant economy to a service oriented economy.

Dubai is also synonymous with being the shopping capital of the Middle East. Expatriates love the experience of being posted in Dubai.

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Image: Dubai Creek, which separates Deira from Bur Dubai, played a vital role in the economic development of the city
Photographs: Courtesy,Imre Salt/Wikimedia Commons

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Kuala Lumpur

Rank: 17

Kuala Lumpur is the most populated city in Malaysia and is also the financial back-bone of the country.

The city's rich and affluent tradition and beautiful architecture is a major attraction for toursits.

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Image: Central market in Kuala Lumpur
Photographs: Courtesy,Azree/Wikimedia Common

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Milan

Rank: 18

Milan is one of the most populated cities of Italy. It is also considered to be the financial hub of the country.

The city boasts of a ethnic tradition and beautiful architecture along a high standard of living. 

Milan is a major fashion centre of the world and of late it is also establishing itself as an important manufacturing hub, especially for car companies.

And hence most car companies like Alfa Romeo and Pirelli are setting up shops in the city.

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Image: Milan City Hall.
Photographs: Courtesy,Friedrichstrasse/Wikimedia Common

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Beijing

Rank: 19 

Beijing is one of the most developed cities of China and has a very strong finance base.

The city is home to over 40 fortune Global 500 companies. 

The city is still considered an epicenter of tradition with the treasures of nearly 2,000 years still on view—in the famed Forbidden City.

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Image: Wangfujing Street is one of the busiest streets in Beijing.
Photographs: Courtesy,NGGSC/Wikimedia Common

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Shanghai

Rank: 20

There are many reasons for people to consider Shanghai to be the most happening city due its strong economy, iconic buildings, landscape and cultural diversity.

Shanghai is the center of finance and trade in China.

It is also called the showpiece of China owing to its world-class urban infrastructure. 

Shanghai is also the most populous city in China.

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Image: The Shanghai International Exhibition Center.
Photographs: Courtesy,R?diger Meier/Wikimedia Common

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Moscow

Rank: 21

Moscow is the largest GDP contributor to Russia's economy (around 22 percent) and it also boasts of lowest unemployment rates.

Of late the city is witnessing economic stability and growth in almost all sectors  and hence most multi national companies are keen to set up shops in this capital city of Russia.

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Image: A view of Kremlin, Ministry of Foreign Affairs and Business District in Moscow, Russia.
Photographs: Anton Golubev/Reuters

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Mexico

Rank: 22 

Along with being one of the world's largest economies, Mexico is also among the few nations who have very good trade relations with rest of the world.

The city is home to many international banks, brokerage houses and corporate firms of global repute.

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Image: Mexico City Metropolitan Cathedral.
Photographs: Courtesy,FrankMX /Wikimedia Common
Tags: Mexico

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Johannesberg

Rank: 23

Johannesberg is an affluent city which throws up ample business opportunities to corporate houses of all sizes. Most youngsters employed with big companies say, after work, there is a beautiful life they enjoy due to the existing cultural and social centres in the city.

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Image: Cityscape of Johannesburg in South Africa.
Photographs: Euroluftbild.de/Reuters

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Buenos Aires

Rank: 24

Buenos Aires is one of the 20 largest cities of the world.

This Argentinian city is also the most visited cities in Latin America. It has trade agreements with most of the developed countries which ensures good economic growth.

It is one of the few cities in the region that offer a superb quality of life. 

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Image: Torre Monumental, clock tower located in the barrio (district) of Retiro.
Photographs: Courtesy,Maurice Chedel /Wikimedia Common

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Istanbul

Rank: 25

Istanbul is the economic backbone of Turkey. According to Mckinsey Global Institute, Istanbul will register the 14th-highest absolute GDP growth among world cities by 2025.

The city has a diverse economy with businesses ranging from exports-manufacturing-tourism and a host of other commercial activities too.

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Image: Yeni Cami Mosque in Istanbul.
Photographs: Courtesy, Bjorn Christian Torrissen /Wikimedia Common

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Sao Paulo

Rank: 26

Being the financial capital of Brazil, Sao Paulo is home to many multinational banks and financial institutions.

The city's current economic growth is over 5 per cent which is good enough considering a weak scenario globally.

Tourists swear by the scenic beauty and shopping experience in Sao Paulo.

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Image: Monument of Independence in Sao Paulo.
Photographs: Courtesy, Rodrigo Soldon /Creative Commons

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Rio De Janeiro

Rank: 27 

Rio De Janeiro is the most happening city of Brazil which embraces cultures from all over the world with an open heart.

The city is the financial and cultural hub of Brazil.

Tourists love the sporty attitude of the city.

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Image: Tourists take pictures with the Rodrigo de Freitas Lagoon in the background in Rio de Janeiro, Brazil.
Photographs: Ricardo Moraes/Reuters

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Mumbai

Rank: 28

Mumbai is the financial capital of India.

The city is also known for its expensive realty rates.

This metropolitan city has its own charm in terms of various cuisines, cultures and tourist spots.

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Image: Though Mumbai may be criticized for being congested, it has it own charm when it comes to offering various business opportunities.
Photographs: Courtesy, Reliance Metro
Tags: India

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Jakarta

Rank: 29

Jakarta is not only the largest city of Indonesia but is also very strong in economic, cultural and political activities.

In 2008, the city was listed as a global city in Globalisation and World Cities Study Group and Network (GaWC) Research.

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Image: An aerial view of a popular street in Jakarta.
Photographs: Courtesy, Gunawan Kartapranata/Wikimedia Commons

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Nairobi

Rank: 30

Nairobi is the most affluent cities in Africa. This Kenyan city houses over 100 international business houses.

The city is also known for its rich culture globally.


Image: Panorama of Kenyatta Avenue, Nairobi CBD's main street.
Photographs: Courtesy, Mandingoesque /Wikimedia Commons

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