Ahmedabad has emerged as an important economic and industrial hub in India. It is the second-largest producer of cotton in India, and its stock exchange is the country’s second oldest. Cricket is a popular sport in Ahmedabad. A newly built Sardar Patel Stadium at Motera can accommodate 110,000 spectators. The effects of liberalisation of the Indian economy have energised the city’s economy towards tertiary sector activities such as commerce, communication and construction. Ahmedabad’s increasing population has resulted in an increase in the construction and housing industries resulting in recent development of skyscrapers. In 2010, Ahmedabad was ranked third in Forbes‘s list of fastest growing cities of the decade. In 2012, The Times of India chose Ahmedabad as India’s best city to live in. As of 2017, Ahmedabad’s estimated gross domestic product was $68 billion (PPP dollars). Ahmedabad has been selected as one of the hundred Indian cities to be developed as a smart city under Government of India‘s flagship Smart Cities Mission. In July 2017, the Historic City of Ahmedabad or Old Ahmedabad, was declared as India’s first UNESCO World Heritage City.