Urbanisation: the driving force behind India’s growth

Indian casual labourers sit outside their temporary homes in front of a construction site hoarding on the outskirts of Hyderabad. Millions of Indian men and women migrate from rural to urban areas each year in search of work, many are employed in the booming construction sector which along with many other industries is riding the wave of nearly nine percent growth in the Indian economy. (Photo: AAP)

Author: Sabyasachi Tripathi, ISEC

There are many who consider urban agglomeration — the concentration of a population in a continuous urbanised area — as synonymous with a country’s engine of growth, owing to the advantage of higher productivity rates.

And this is certainly true in the case of India. Read more…