Indore, the largest city of Madhya Pradesh, is the education hub of the state. State’s first campus of both Indian Institute of Technology and Indian Institute of Management are positioned in this city. The finical capital of Madhya Pradesh owns Madhya Pradesh Stock Exchange which is country’s third oldest stock exchange. Having the faster growth of GDP, the city is among the top ten fastest growing cities of the country. Besides Hindi, the official language, people speak in Chhattisgarhi, Marathi, Malavi, Sindhi, Bundeli, Bhojpuri and Gujarati.
The cleanest city of India in 2017, 2018
Indore has been elected as the cleanest city as per As per Swachh Survekshan 2017 which was repeated in Swachh Survekshan 2018. Moreover, the Union Ministry of Housing and Urban affairs declared it as the cleanest city among the 4203 urban local bodies in India in 2018. It has claimed to achieve 100% segregation of wet and dry garbage at source. There are 100 vehicles collect the waste once a day from the residential area and twice from the commercial area. In addition to this, the sweepers clean the street at night in the city.
The ‘Mini Bombay’
Indore is emerged as the business capital Madhya Pradesh adopting its business and culture that is called by the name of ‘Mini Bombay’. The first cotton mill of Indore was established in 1866. Indore cloths market, which is second biggest in India after Surat, has recently completed its 150 years which is doubtlessly a great achievement. There are more than the 2500 shops in the city. Before 1960, there were 11 cotton mills in the town. Today around 35 percent of ladies salwar kurti and lagging are fabricated and sold from this market. The proximity to river Narmada is helping Malwa to grow rich cotton. Indore is a self-growing city as it does not depend on government or leaders. It is also famous for historical monuments, vibrant bazaars and night street food.
Indore is emerging as an investment destination
Emerging as an investment destination, it is gradually overcoming the small-town mindset. The IIT and IIM campuses are boosting up the funding startups in this tier-2 city in the heart of India. “We are an accelerator looking at tier-2 cities and towns to identify startups with scalable business plans in the healthcare, edu-tech and social entrepreneurship sectors,” Anand Govindaluri, founder of the Singapore-based Govin Capital, said.