Sunday 15 July 2012

Trivandrum ranked a highly competitive city

Trivandrum is ranked 17 in the list of 30 most competitive cities in India

The India City Competitiveness Report 2011 is based on the 'Microeconomic Diamond Model' laid down by management guru Michael E Porter and focusses on 'Strategy and Competitiveness'.
The model is widely accepted across the world and assesses the competitiveness of a region or domain based on specific benchmarks.

The core of the model -- competitiveness -- is founded across the four pillars: Factor conditions, demand conditions, context for strategy and rivalry, and supporting and related industries. These four pillars are interlinked and instrumental in determining overall competitiveness.

Kochi Ranked – 14 , Overall competitive score:58.06
Kochi has been ranked India's 14th most competitive city. It has been ranked third in education and health facilities. However, it falls in safety, housing options and economic environment. 
The 'Queen of the Arabian seas', Kochi is the second largest city in Kerala. The commercial hub of Kerala, it also has one of the major seaports.
Cities need to move forward on the path of competitiveness by planning and implementing an appropriate strategy addressing their respective strengths and weakness'.

Thiruvananthapuram – 17, Overall competitive score:57.31
Thiruvananthapuram is India's 17th most competitive city.
The city, called the 'Evergreen city of India' by Mahatma Gandhi, is a city built on seven hills.
It is famous for its beaches, monuments and backwater stretches. It is also a major destination for tourist looking for natural beauty and serene greenery. 

This news augurs well for the growth of a stable real estate market in Trivandrum. For more check out www.nandanamconsultants.in

No comments:

Post a Comment