India’s Urban Awakening (McKinsey Global Institute) projects that, by 2030:

• The number of megacities (1 million+) will rise from 42 today to 68 (twice Europe’s total).
• This doubling represents only a small potential of future urbanization. Today, only 30% of Indians live in cities.
• Indian cities could be responsible for three quarters of new employment and India’s GDP.
• Urbanization could lead to a quadrupling of national per capita income.
• A larger middle class could develop: from 22 million households today to 91 million households by 2030.
• Significant urban infrastructure problems will need to be dealt with.