Bangalore topped the list of best business destinations in India as per the study done by Global Initiative for Restructuring Environment and Management on 21 October 2013. It was ranked on the basis of socio-economic and infrastructure factors. Chennai is at the second position, followed by Mumbai and Pune. Ahmedabad was placed at 8th position behind Indore (5th), Bhubaneshwar (6th) and Coimbatore (7th). Nagpur and Kochi are at ninth and tenth positions, respectively, while Hyderabad was ranked 12th. In the NCR region, Noida is at the 17th position while Gurgaon ranks 19th. Kolkata was placed at 18th position. Visakhapatanam is at 21st place.
The study ranked the cities based on factors such as human capital, energy, water, transport, housing, healthcare, climate, office space availability and city culture, amongst others. These include basic eco-socio-economic factors critical in determining the growth of the city. The ranking offers companies across industries and sectors with valuable for future investment opportunities.