DRIVING INDIAS ECONOMIC FUTURE: THE ROLE OF URBAN GROWTH HUBS AND GLOBAL BEST PRACTICES

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Urbanization is playing a very important role in Indias economic growth. Cities contribute a large share of Indias GDP and provide employment opportunities, better infrastructure, and innovation. This research report studies the current trends in urbanization in India from 2023 onwards and explains how urban growth hubs help in shaping the country economic future. The study looks at the problems faced by Indian cities, such as unplanned growth, shortage of housing, pressure on infrastructure, environmental damage, and lack of funds with local governments. It also compares Indias urban development with other BRICS countries and presents examples from Gujarat and Chennai to show how good planning and policies can improve urban growth. The report reviews important government schemes like Smart Cities Mission, AMRUT, and PMAY-U, and explains how tools such as Public-Private Partnerships and municipal bonds can help finance urban infrastructure. The study concludes that for cities to grow sustainably, India needs better planning, stronger local governments, affordable housing, and environmentally friendly development. Properly managed cities can become engines of economic growth and improve the quality of life for people.


[ Krtin Trehan (2025); DRIVING INDIAS ECONOMIC FUTURE: THE ROLE OF URBAN GROWTH HUBS AND GLOBAL BEST PRACTICES Int. J. of Adv. Res. (Dec). 1595-1609] (ISSN 2320-5407). www.journalijar.com


Krtin Trehan
Asian Development Bank
India