Wednesday, 24 April 2013

15. Mumbai

Mumbai

Overall Ranking: 0.20

Mumbai ranked in the middle of the society category, but scored low in the remaining five categories, earning it last place in this ranking.
"Mumbai is ranked poorly in our report, although many may argue that Indian people are regularly contributing to many innovation products worldwide. What happens is they opt to leave the city to thrive elsewhere, because the city doesn't have what it needs to make them stay, in terms of business and life amenities such as security and stability. The entrepreneurial seeds aren't planted well due to underdeveloped institutional framework, which blocks new and original ideas to propagate in the city," Duhamel said.

Read more: http://www.businessinsider.com/most-innovative-cities-in-asia-2013-4?op=1#ixzz2RO2mHyhU

 

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