Indore is the largest city of the Indian state of Madhya Pradesh by population.It serves as the headquarters of both Indore District and Indore Division. Indore was described by the Economic Times as the commercial capital of the state. It is also considered as education hub of the state and houses campuses of both, Indian Institute of Technology and Indian Institute of Management. Located on the southern edge of Malwa Plateau, the city is located 190 km west of the state capital of Bhopal. With a Census-estimated 2011 population of 3,276,697 distributed over a land area of just 3,898 square kilometer, Indore is the most densely populated major city in the central province. It comes under Tier 2 cities in India. The Indore Metropolitan Area's population is the state's largest, with 3.2 million people living there.
Indore traces its roots to its 16th century founding as a trading hub between the Deccan and Delhi. The city and its surroundings came under Maratha Empire on 18 May 1724 after Maratha Peshwa Baji Rao I assumed the full control of Malwa. During the days of the British Raj, Indore State was a 19 Gun Salute (21 locally) princely state (a rare high rank) ruled by the Maratha Holkar dynasty, until they acceded to the Union of India. Indore served as the capital of the Madhya Bharat from 1950 until 1956.
Indore's financial district, anchored by central Indore, functions as the financial capital of the Madhya Pradesh and is home to the Madhya Pradesh Stock Exchange, India's third oldest stock exchange. Indore's real estate market is among the most expensive in Central India.
Indore has been selected as one of the hundred Indian cities to be developed as a smart city under PM Narendra Modi's flagship Smart Cities Mission. It has also qualified the first round of Smart Cities Mission and has been selected as one of the first twenty cities to be developed as Smart Cities.
Indore traces its roots to its 16th century founding as a trading hub between the Deccan and Delhi. The city and its surroundings came under Maratha Empire on 18 May 1724 after Maratha Peshwa Baji Rao I assumed the full control of Malwa. During the days of the British Raj, Indore State was a 19 Gun Salute (21 locally) princely state (a rare high rank) ruled by the Maratha Holkar dynasty, until they acceded to the Union of India. Indore served as the capital of the Madhya Bharat from 1950 until 1956.
Indore's financial district, anchored by central Indore, functions as the financial capital of the Madhya Pradesh and is home to the Madhya Pradesh Stock Exchange, India's third oldest stock exchange. Indore's real estate market is among the most expensive in Central India.
Indore has been selected as one of the hundred Indian cities to be developed as a smart city under PM Narendra Modi's flagship Smart Cities Mission. It has also qualified the first round of Smart Cities Mission and has been selected as one of the first twenty cities to be developed as Smart Cities.
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