GREXTER Assignment for Internship – Research Analyst By: Rakesh Bishnoi Email-Id :
[email protected] [email protected] 1. Grexter is currently functioning in Bangalore, India. Suggest the next city that Grexter should expand into and your rational behind Attached relevant links for reference. Analysis: Since Grexter is an organisation which helps people find houses for rent, so we need to choose a city in which new people are moving to the city every day. For this the workforce should be the city’s USP. One such city in India is Pune.
(View of the Infosys phase -II office building under construction in Pune, Maharashtra, India) Now the reason I am nominating Pune to be Grexter’s next city to expand is because of
many reasons. First and the most important being my personal experience of living there for two months as a Data Analyst at a start-up for my two-month long summer internship. Now in these two months I changed my PG/Hostel 3 times which was not something I was looking forward to when I went to just work there instead of hunting for places to live. When I got go t to know about Grexter I found out that this is something Pune as a city is really in need ne ed of. Now I will support my argument with appropriate data and some statistics but first let’s have a look at why Pune is the best place for Grexter to be: India” 1. According to the issue of 2015’s GAIN report “Pune is the fast growing city of India” 2. An ever Booming IT Hub with Software exports from Pune have increased from Rs. 80 million in 1994-95 to more than Rs. 15,000 million in 2008. Pune is one of the major IT hubs of India, and a home to many web design companies.
3. Ranked No. 1 in Ease of Living in India according to report of Times of India aug’18
4. With a working population of 3.73 mn as of 2 011 data, it keeps on attracting people from various departments. This continuous growing population will definitely be looking for a nice and affordable place to live where Grexter will step in.
5. A recent Hindustan Times report suggested Pune’s decline in crime and murders since January 1st 2017 making it one of the safest city in India. It is also known for its safe environment for women workers and professionals. 6. Known as the “Oxford of East” Pune was once an education hub of India which is converting into an IT hub but it still holds various educational institutions which attracts a large number of students from all across the country. 7. There are various parameters which makes Pune stand tall as compared to other cities of India such as: A blessed climate, 2 nd greenest city in India, Diversified culture, a paradise for food lovers etc. Keeping in mind these facts, Grexter can definitely see Pune as a city with people looking for a great place to live now and in the coming years too. References:
1. https://gain.fas.usda.gov/Recent%20GAIN%20Publications/Pune%E2%80%A6Fastest%2 0Growing%20City%20of%20India_New%20Delhi_India_7-13-2015.pdf 2. https://www.hindustantimes.com/pune-news/pune-becomes-safer-with-decline-inviolent-crime-rates-this-year/story-8HEV3dlWh5umzQeRiJwd8I.html 3. https://timesofindia.indiatimes.com/city/pune/pune-ranked-no-1-city-in-country-inease-of-living-rankings/articleshow/65394696.cms
4. https://www.slideshare.net/JattinGarg/demographic-analysis-of-pune
2. Estimate the yearly migrant population coming to Bangalore in search of Employment and Education. Use google for your research and paste the links of sources from where you have taken the numbers.
Bangalore, also known as the Silicon Valley of India, Bangalore has an estimated 2014 population of 11,440,000 in the metro area.
Bangalore has an estimated population of 12.34 million in its urban area in 2017, up from 8.5 million in 2011. (Which roughly means that every year the city’s population is growing by 6.4 lacs people per year) It is now the 24th most populous city in the world and the fastest-growing Indian metropolis behind New Delhi, growing a whopping 38% from 1991 to 2001. The city claims an area of 709 square kilometers, and with a population density marked in 2011 of over 4 thousand per kilometer squared - one can assume it has become more dense. We expect the 2021 census to provide updated information. In 2011, there were 4,378 people per square km, up from 2,985 ten years before.
Increasing Population of Bangaluru 2035
18,065,541
2030
16,226,826
2025 r a e Y
14,395,443
2020
12,326,532
2018
11,440,030
2015
10,141,080
2010
8,295,564
2005
6,785,901 0
5,000,000
10,000,000 Popualtion
15,000,000
20,000,000
Year
Population
Growth Rate (%)
Growth
2035
18,065,541
2.17%
1,838,715
2030
16,226,826
2.42%
1,831,383
2025
14,395,443
3.15%
2,068,911
2020
12,326,532
3.80%
886,502
2018
11,440,030
4.10%
1,298,950
2015
10,141,080
4.10%
1,845,516
2010
8,295,564
4.10%
1,509,663
2005
6,785,901
3.99%
1,204,638
According to a study (posted by TOI), Bangalore, at 47.7%, got the lion’s share of “Highly educated migrants” (graduates and post -graduates), followed by Chennai at 36.6%, Kolkata at 36.2% and Hyderabad at 29%. The study, called ‘How to govern India’s mega cities: Towards needed transformation’, which was carried out on the basis of data that was available between 2001 and 2008.
Another face of migration that the report looks at is intras intrastate migration (movement of people within the same state or from surrounding districts into megacities). Here too, Bangalore attracted the highest percentage of highly educated migrants (33.8%) followed by Chennai (29.2%) and Hyderabad (25.3%). Mumbai stood fourth at 20.2%, a whisker ahead of Kolkata (19.6%).
References: 1. http://worldpopulationreview.com/world-cities/bangalore-population/ 2. https://timesofindia.indiatimes.com/city/bengaluru/Bangalore-gets-lions-share-ofeducated-migrants/articleshow/18344203.cms 3.
Assignment for Internship – Research Analyst Repot By: Rakesh Bishnoi Email-Id :
[email protected]