Page 99 - Nuvama | IC Report 2023

INDIA: THE 5D ADVANTAGE

32 Exhibit 2:
31
In India, urban
areas have seen
accelerating
28
growth
24
23
22
(%) 21
20

16

13
12
1960s 1970s 1980s 1990s 2000s
India: Decadal growth rate in urban areas
Source: Census of India, CMIE, Nuvama Research

Growth in settlements (2001-11) Number of Exhibit 3:
towns 54% Towns have grown
rapidly, whereas
villages have not

Number of
villages 1%

Source: Census of India, CMIE, Nuvama Research

97