Chennai, Hyderabad and Kolkata, in that order, make up the top five in rankings of the India City Competitiveness Report-2012, compiled by the Institute for Competitiveness (IFC) that conducts studies in this area for use by businesses and governments.

"Faridabad, with its high growth has drastically improved in its ranking and holds the 29th spot. Similarly Guwahati recorded a wide improvement in its position," says the report, unveiled Wednesday to coincide with Singapore Prime Minister Lee Hsien's visit here.