A survey conducted by trade facilitation body UK-India Business Council (UKIBC) has ranked Pune as the most suitable place for British investments in India. The survey report, titled ‘Opportunities for UK Plc in Emerging Cities in India’, also ranks eight other cities — Ahmedabad, Chandigarh, Jaipur, Goa, Indore, Kochi, Nagpur and Vadodara — as the most conducive destinations for UK investments in India.
The report is a product of “qualitative research through a process of in-depth interviews, reviews and perception surveys across various professional and social networks”. The report said in its preamble that close to 200 survey responses were analysed and over “150 key informants” were conducted to ensure an extensive and representative coverage.
While the report’s annexure lists 41 cities in the survey's ranking with Pune holding the top rank and Ranchi getting the lowest rank, it provides a detailed study of nine cities that merit UK investment the most.
UKIBC’s CEO Sharan Bamford, however, cautioned that the immediate priority of the report was to take the investments forward by pointing at prospective cities for UK investments.
The rankings are based on physical, social and cultural infrastructure and key economic indicators. Good quality roads, power connections, number of banks, health institutions and colleges, per capita income of each city and market size are some of the key parameters considered for the final listing.
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An intense and interesting project comes to fruition. Will be interesting to see what the response and spin-off from this is in the coming weeks.
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