{"id":6260,"date":"2026-07-29T04:34:31","date_gmt":"2026-07-29T04:34:31","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=6260"},"modified":"2026-07-29T04:34:31","modified_gmt":"2026-07-29T04:34:31","slug":"ficci-ey-report-indias-cities-need-2-4-trillion-by-2050-but-where-will-the-money-come-from","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=6260","title":{"rendered":"Ficci Ey Report: India&#8217;s cities need $2.4 trillion by 2050, but where will the money come from"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132700416,imgsize-2767019,width-400,height-225,resizemode-4\/indias-urban-dream-needs-24-trillion.jpg\" alt=\"India's cities need $2.4 trillion by 2050, but where will the money come from\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>India\u2019s cities are set to become the country\u2019s biggest growth engines, but keeping them running will require a massive financial overhaul. <span class=\"id-r-component br\" data-pos=\"1\"\/>A new FICCI-EY report estimates that urban India will require $2.4 trillion by 2050 to become climate-resilient and low-carbon, even as municipal corporations continue to struggle with limited revenue generation and access to capital.<span class=\"id-r-component br\" data-pos=\"4\"\/>The report highlighted that only 20 municipal corporations have accessed capital markets so far, collectively raising around $476 million, pointing to the large financing gap that continues to limit urban development.<span class=\"id-r-component br\" data-pos=\"6\"\/>With urban areas already contributing more than 60% of India\u2019s GDP while housing nearly one-third of the country\u2019s population, the report stressed the need for stronger financial systems and investment-ready cities.<span class=\"id-r-component br\" data-pos=\"10\"\/>However, municipal corporations collectively generate revenues equivalent to only around 0.6% of GDP, restricting their ability to independently finance infrastructure projects and public services.<span class=\"id-r-component br\" data-pos=\"12\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Growth accelerates, but infrastructure needs unfinished<\/span><span class=\"id-r-component br\" data-pos=\"14\"\/><span class=\"id-r-component br\" data-pos=\"15\"\/>The report estimated that India will need around $840 billion in urban infrastructure investments over the next 15 years, translating into nearly $55 billion every year.<span class=\"id-r-component br\" data-pos=\"17\"\/>A large part of this requirement remains unmet, with nearly 70% of the urban infrastructure needed by 2047 yet to be built, the report said.<span class=\"id-r-component br\" data-pos=\"20\"\/>India\u2019s urban population is expected to rise to nearly 600 million by 2036, with cities contributing around 70% of GDP. By 2050, the urban population is projected to reach 877 million and account for nearly 75% of the country\u2019s economic output.<span class=\"id-r-component br\" data-pos=\"22\"\/>The report said that financing has emerged as the key challenge in achieving the government\u2019s Viksit Bharat 2047 vision, rather than infrastructure creation alone.<span class=\"id-r-component br\" data-pos=\"24\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Cities need to become investment-ready<\/span><span class=\"id-r-component br\" data-pos=\"26\"\/><span class=\"id-r-component br\" data-pos=\"27\"\/>The report called for a shift in the way urban development is approached, with cities moving beyond basic service delivery and becoming engines of economic growth.<span class=\"id-r-component br\" data-pos=\"30\"\/>Raj Menda, chairman of the FICCI Committee on urban development and real estate and chairman of the supervisory board at RMZ, said India\u2019s next phase of urbanisation would require cities to focus on competitiveness, governance and financial preparedness.<span class=\"id-r-component br\" data-pos=\"32\"\/>&#8220;India&#8217;s next phase of urban development must move beyond infrastructure creation to building economically competitive, investment-ready cities. Strong governance, innovative financing and integrated planning will be critical to unlocking the full potential of our cities and accelerating India&#8217;s journey towards Viksit Bharat 2047,&#8221; he said.<span class=\"id-r-component br\" data-pos=\"35\"\/>The report proposed six strategic shifts to strengthen India\u2019s urban ecosystem. These include moving from service delivery to economic leadership, promoting a network of growth cities instead of concentrating development in a few metros, transforming cities into investment-ready entities, focusing on economic competitiveness rather than only infrastructure creation, using data as strategic economic intelligence, and building climate-resilient cities.<span class=\"id-r-component br\" data-pos=\"38\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Funds expected to unlock more investments<\/span><span class=\"id-r-component br\" data-pos=\"40\"\/><span class=\"id-r-component br\" data-pos=\"41\"\/>The report identified the Union government\u2019s Rs 1 lakh crore Urban Challenge Fund as an important move towards making cities financially self-reliant.<span class=\"id-r-component br\" data-pos=\"43\"\/>The fund requires urban local bodies to mobilise 50% of project costs through capital markets and is expected to catalyse nearly Rs 4 lakh crore in investments.<span class=\"id-r-component br\" data-pos=\"45\"\/>The report said improving access to capital markets and strengthening municipal finances would be important steps in enabling cities to meet future infrastructure requirements.<span class=\"id-r-component br\" data-pos=\"48\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Top cities drive GDP, smaller urban centres underused<\/span><span class=\"id-r-component br\" data-pos=\"50\"\/><span class=\"id-r-component br\" data-pos=\"51\"\/>The report highlighted the uneven spread of economic activity across urban India. While the country\u2019s top 10 cities contribute nearly 30% of GDP, many Tier-II and Tier-III cities remain underutilised despite accommodating a large share of India\u2019s urban population.<span class=\"id-r-component br\" data-pos=\"53\"\/>To address this imbalance, the report recommended developing a polycentric urban growth model, where multiple cities grow as economic centres and are connected through economic corridors and the PM Gati Shakti initiative.<span class=\"id-r-component br\" data-pos=\"56\"\/>This approach, it said, could help unlock the economic potential of emerging cities and create a more balanced urban growth pattern.<span class=\"id-r-component br\" data-pos=\"58\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Urban schemes lay foundation<\/span><span class=\"id-r-component br\" data-pos=\"60\"\/><span class=\"id-r-component br\" data-pos=\"61\"\/>The report noted that India has already built a foundation for urban transformation through several flagship programmes.<span class=\"id-r-component br\" data-pos=\"64\"\/>More than 8,000 projects worth over Rs 1.64 lakh crore have been implemented under the Smart Cities Mission, while Rs 2.7 lakh crore has been committed under AMRUT across nearly 500 cities.<span class=\"id-r-component br\" data-pos=\"67\"\/>In addition, 1.25 crore houses have been sanctioned under Pradhan Mantri Awas Yojana (Urban).<span class=\"id-r-component br\" data-pos=\"69\"\/>Emphasising the importance of cities in India\u2019s long-term growth journey, Menda said, &#8220;The success of Viksit Bharat 2047 will depend on the success of India&#8217;s cities.&#8221;<span class=\"id-r-component br\" data-pos=\"71\"\/>He added that cities with transparent financial systems, strong governance and investment-ready balance sheets would be better placed to attract long-term capital and sustain economic growth.<span class=\"id-r-component br\" data-pos=\"73\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/real-estate\/news\/indias-cities-need-2-4-trillion-by-2050-but-where-will-the-money-come-from\/articleshow\/132699571.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s cities are set to become the country\u2019s biggest growth engines, but keeping them running will require a massive financial overhaul. A new FICCI-EY report estimates that urban India will require $2.4 trillion by 2050 to become climate-resilient and low-carbon, even as municipal corporations continue to struggle with limited revenue generation and access to capital.The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-6260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"India\u2019s cities are set to become the country\u2019s biggest growth engines, but keeping them running will require a massive financial overhaul. A new FICCI-EY report estimates that urban India will require $2.4 trillion by 2050 to become climate-resilient and low-carbon, even as municipal corporations continue to struggle with limited revenue generation and access to capital.The [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":4,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/indias-urban-dream-needs-24-trillion.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/6260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6260"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/6260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/6261"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}