Delhi is India's most competitive city: EIU report

NEW DELHI: The national capital has emerged as the most competitive city in the country for its displayed potential to lure capital, business, talent and also tourists, according to a new Economist Intelligence Unit (EIU) research report.

The study has been commissioned by the Citigroup and in this report, Delhi has managed to bag 68 ranking in the list of 120 of the world's major cities.

The national capital has bet financial capital of India, which stood at 70th ranking in the index, followed by Bangalore at 79th rank, Pune at 97, Chennai at 105 and Kolkata at 106.

The report is known as Hot Spots. With an overall population of close to 750 million, the 120 cities ranked in Hot Spots display nearly 29% of the global economy and got a GDP of $20.24 trillion in 2011.

The report stated that the European and US cities were the most competitive internationally.