Indore is rapidly developing due to its convenient location near the capital city of Bhopal(200 km).Situated on the Malwa plateau at an elevation of 553 m, Indore is strategically located in the middle of India. It is bordered by two small rivers, Saraswati and Khan, which are important to its development since time immemorial. This city has been deemed as an important stopover due to its centralized location. Going back to its roots, it was founded by Rao Nandlal Chaudhary and named ‘Indrapur’ after Lord Indra.Indore was originally known as ‘Indur’ during the Maratha rule, and later during the British regime, it was renamed to ‘Indore’.
Indore District covers an extensive area of 3,898 km² extending up to Ujjain in the north, Dewas in the east, Khargone (West Nimar) towards the south, Dhar at its western corner.
Over the years, Indore has grown to be a renowned commercial & industrial hub in Central India.Indore is at a pivotal intersection of multiple national highways and rail routes, thus making it very accessible for travelers from Mumbai, Delhi, and Kolkata. The city has an efficient public transport network that helps make movement easier.
Indore has become the economic epicenter of Madhya Pradesh with its contribution to the state’s GDP being over 10%.
A sector-based report from the Ministry of Commerce & Industry shows that Indore is one of India’s most rapidly developing cities, especially in terms of economics.
With more than 25,000 small and medium businesses and over a million people employed, the city is considered to be a hub of opportunity for many.
Indore is a city in central India that is known for its rich cultural heritage and vibrant shopping scene.
Indore’s traditional markets developed around Rajwada in the mid- 19th century.The markets still stand and flourish today. Some Famous Markets include:
Indore has a vibrant culture of food, from famous ratlami sev to poha,it’s filled with sweetshops, cafes and restaurants.
In recent years, new markets have emerged in other parts of the city. Currently, the major Hotspots for commercial offices and shops are:
New markets are developing in outer areas as the city is expanding. Some of them are:
These are just a few of the many retail areas in Indore. Whether you are looking for traditional Indian goods or modern products,for wholesale or retail, you are sure to find something that appeals to you in this vibrant city.
Indore is the fastest growing city in Madhya Pradesh, in terms of Business. People flock from far and wide in search of Job and Business prospects.This migration results in a huge demand for holistic development of Residential colonies, townships and apartments in and around the city. Indore’s Residential areas are full of lush green trees, huge parks, wide roads and a serene quiet amongst the hustle and bustle of traffic.Traditionally residential areas developed as the city grew radially from Rajwada.
Some of the posh localities Include:
As Indore developed and became a business hub, the population grew strong and new areas sprouted catering to the need. These areas are witnessing rapid growth due to their connectivity, ease of access and affordability.
Major Trending Hotspots Include:
Indore has been a major Transport hub of Indore since its inception. Majorly three National Highways: NH-3(Agra Bombay), NH-59(Ahmedabad-Indore), NH-59A(Indore-Nagpur). Pass through Indore, making it an important junction of North-South and East -West corridors of India.Also Pithampur, (adjoining Indore) is a SEZ( special economic zone ) making Indore an ideal location for logistics related business to operate from.Proof of which are the very busy areas of indore full of warehouses.
Major Areas for setting up warehouses are:
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