2) Mumbai : No longer India's economic capital
making on investment, Delhi appears to have been surging ahead of Mumbai.
Mumbai has ceded its position as economic capital of India to Delhi
The Oxford Economics forecast for 2030 shows that Delhi is predicted to be at the 11th sper
Mumbai will be 14th
Delhi has outpaced Mumbai post-liberalisation, in physical infrastructure and social infrastructure
Since Delhi is the capital, businesses want to be closer to it for clearances.
The availability of infrastructural facilities affects the cost thus attracting the businesses.
High cost of land and labour in Mumbai is unfavourable to business and does not offer suitable
ucements to attract investment-domestic and foreign.
Mumbai preserves the charm of an open dynamic urban space, owing to preferential decision
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