In Pictures: World Capitals Of The Future - No. 4
September 26th 2009 06:40
Mumbai, India
India's major cities, which still have some of the world's worst slums, may have built the broadest economic base out of the cities on our list. Bangalore and Hyderabad have leveraged software and business services into a seemingly unstoppable growth engine. Mumbai's prominence rests not just on an expanding Indian industrial base, but also on the illustrious Bollywood, the world's largest movie industry. The bust of Mumbai's ridiculous housing-price boom has actually seemed to help the economy. While the gulf between the extremely wealthy and destitute remains deep, a burgeoning middle class is helping reshape the economy: small-vehicle, motorcycle and modest-apartment sales are all on the rise.
It doesn't look very exciting does it?
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Comment by Wilson Pon
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It seems like the gap of wealthy and destitute is only expanding larger day by day...
Comment by katyzzz
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Where is the wrath of God to stop it, slavery was abolished but we still remain very close to it.