New Delhi, Jul 27 () Bengaluru may be India's

but ranks at the 40th spot among the top 50 global cities that foster high-potential

entrepreneurs, according to a report by tech giant

.

The only other Indian city in the top 50 tally is Delhi, that at the 49th spot, just ahead of Jakarta.

Dell, as part of its annual Women Entrepreneur (WE) Cities Index, ranks cities in terms of its ability to attract and foster growth of women-owned firms.

ranked numero uno in the list, followed by Bay Area, London, Boston and Stockholm.

Singapore was at the 8th spot overall, the only city from

and

region.

The study ranked cities based on the impact of local policies, programmes and characteristics in addition to national laws and customs.

"Globally, women's entrepreneurship rates are growing more than 10 per cent each year. In fact, women are as likely or more likely than men to start businesses in many markets," said

, EVP and chief customer officer at Dell.

However, financial, cultural and political barriers can limit the success of these businesses, she added.

"By arming city leaders and policymakers with data-driven research and clear calls to action, we can collectively improve the landscape for high-potential women entrepreneurs, which in turn dramatically lifts a city's economic prospects - as what is good for women is good for the economy," she noted. SR BAL