What is an Alpha City?
It is a city which plays major role in the economy of the country and is a hub of international business. It has a stock exchange and major financial institutions. Many international companies have their offices in an Alpha City. It has advanced banking and real estate sectors. It has a port and container facilities. It has a well equipped international airport and a well maintained public transit system comprising trains, buses and other transport. It has renowned universities and educational institutions. It has centres of media and communication for global networks.
Alpha cities are major cultural centres and popular tourist destinations. They have a tremendous political and social clout and influence global affairs significantly.
Also called a global city or world city, it is a familiar name all over the world. People can easily associate the name with its landmarks, country etc.
London and New York are ranked Alpha ++ cities as they are vastly connected to the global economy. Mumbai is ranked as Alpha + city on par with Tokyo, Dubai and Singapore.
The second and third ranking cities are Beta and Gamma cities.
