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, which houses the 54,000-seat Sardar Patel Stadium. The effects of liberalization of the Indian economy have energized the city's economy towards tertiary sector activities like 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.