According to the National Association of Software and Services Companies (NASSCOM) Cushman and Wakefield Report Chandigarh is a key Tier-II city in a group of five such cities,including Ahmedabad,Kochi,Trivandrum and Vadodara.
According to the report,healthcare facilities have improved in the Tricity in the last five years with increasing prominence of multi-speciality hospitals and number of hospital beds going up by 1.1 times in the last five years.
The report says the city has emerged as a prominent Tier-II city with significant improvement in business as well as the social and living environment. In the hospitality sector,the city has witnessed significant growth. The report says number of hotel keys have more than doubled over the last five years.
However,the report states that in case of physical infrastructure,which includes connectivity,travel cost,power and water,the city has somewhat stagnated growth.
Meanwhile,for social and living environment,which includes healthcare,hospitality,recreational activities and pollution level,the city has witnessed a remarkable improvement.
Some of the key differentiators according to the findings is the travel time and cost within the Tricity,which is significantly lower when compared to other Tier-II cities.
Another key finding is that the city continues to focus on enhancing employee skill-set through training,existence of conducive and enabling environment for IT-BPM companies,which is reflected in the fact that Chandigarh surpasses Indias IT industry average growth by three times.