India's Economic Map Redrawn
This is a India news story, published by CNBC, that relates primarily to Kochi news.
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Inside IndiaCNBC
•CNBC's Inside India newsletter: A tale of tier 2 cities
87% Informative
India 's tier 2 and 3 cities are becoming hotspots for the set up of Global Capability Centers (GCC) Chandigarh, Coimbatore , Kochi and Jaipur offer advantages ranging from lower operational costs to a more laidback lifestyle, decent education opportunities and a reserve of untapped skilled and semi-skilled employees.
India 's urbanization story is embroiled with concerns, starting with whether the make up of the cities allows for the influx of the people expected.
The Ministry of Housing and Urban Affairs was allocated a mere 1.7% of the recent national budget announced on July 23 .
The push comes as foreign investments into India have been slowing — a sign that is "not very good".
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