Hyderabad Emerges as a Global Growth Hub

Hyderabad has reinforced its position as a fast-rising global city by securing a place among the world’s leading urban growth centres. According to the Savills Growth Hubs Index 2024, the Telangana capital has ranked fourth globally, reflecting its rapid economic expansion, innovation ecosystem and strong infrastructure growth.

The Savills index analysed 230 cities worldwide based on key parameters such as economic performance, population growth and wealth creation to identify cities that are likely to shape the global economy by 2033. Asia emerged as the leading continent in the rankings, with four Indian cities featuring prominently on the list.

Currently, nearly 55% of the global population lives in urban areas. As per United Nations estimates, this figure is expected to rise to 70% by 2050, translating into an additional 2.5 billion people migrating to cities, further accelerating urban growth and real estate demand.

India’s Cities in Global Growth Hubs

• Bengaluru – Rank 1

• Delhi – Rank 3

• Hyderabad – Rank 4

• Mumbai – Rank 5

Bengaluru Leads

With an estimated USD 360 billion GDP in 2023, Bengaluru has emerged as India’s most productive urban growth centre. Recognised as a global Alpha City, its strong innovation base and established tech corridors such as Electronic City, International Tech Park and Manyata Embassy Business Park have driven sustained growth.

Hyderabad’s Growth Story

Hyderabad’s fourth-place ranking reflects its evolution into a major innovation and investment hub. The city has established itself as a preferred destination for IT, pharmaceuticals and automotive industries, hosting global majors such as Amazon, Google, Microsoft, Dell and Tata Group.

Rapid infrastructure development, competitive cost of living, high quality of life, favourable climate and strong safety standards have further strengthened Hyderabad’s appeal. Experts see strong future potential in AI, aerospace and advanced manufacturing, positioning the city for long-term growth.

Global Rankings

• Ho Chi Minh City – Rank 2

• Shenzhen – Rank 6

• Guangzhou – Rank 7

• Suzhou – Rank 8

• Riyadh – Rank 9