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Beta cities - on the threshold
India’s tier II cities have benefited to a large extent from the boom of the past fewyears but need to get their act together to draw investment and attention away fromthe tier I cities.
Just as emerging economies are those thatstand on the threshold of advancing into the bigleague, there are emerging cities in India: thecities that have the potential to match the larger cities in market size.Indeed some among them will become elitecities eventually. These Beta cities, as opposedto the Alpha top-tier cities of India, have diversecharacteristics. Many of these cities are statecapitals such as Jaipur and Lucknow, benefitingfrom better infrastructure and public services.Cities such as Jamshedpur and Faridabad havebeen industrial centres for decades now, butseemed to be content giving precedence toother newer centres that have grown. Somesuch as Indore have been threatening to make itbig for many years, but never quite managed it.Some others such as Kanpur have somehowlost their way.
Source: City Skyline of India
Demand Curve
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