India’s urban population has grown at a CAGR of 2.8 percent over 2001-2011, resulting in an increase in the urbanization rate from 27.8 percent to 31.2 percent.6 Out of India’s 1.21 billion population, 377 million people are urban dwellers. The Federation of Indian Chambers of Commerce (FICCI) estimates that by 2050, the country’s cities would witness a net increase of 900 million people. Furthermore, over 2012-2050, the pace of urbanization is likely to increase at a CAGR of 2.1 percent – double than that of China. With the country’s agriculture sector having a limited absorption capacity, majority of the growth in urbanisation is expected to be a consequence of rural-to-urban migration. Post economic liberalization, India’s manufacturing and services sector has seen an influx in employment from the rural youth. With the country expected to witness rapid industrialization, the trend of migration from rural to urban areas is likely to continue.