Indore has been heralded as the ‘Education hub’ of Madhya Pradesh. It houses several prestigious and renowned national level educational institutions like the IIT-Indore, IIM Indore, UGC-DAE CSR,RRCAT.
A central power city, Indore exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment and has been described as the “Commercial Capital of the State”.
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 2,167,447distributed over a land area of just (526 km2), Indore is the densely populated major city in the central province. The Indore Metropolitan Area’s population is the state’s largest, with 2.2 million people living there. It is the 14th largest city in India and 147th largest city in the world.
Indore’s financial district, anchored by central Indore, functions as the financial capital of the Madhya Pradesh and is home to theMadhya Pradesh Stock Exchange, India’s third oldest stock exchange. Indore’s real estate market is among the most expensive in the State.
January 2015 survey reveals that Indore is 21% cheaper with respect to cost of living than Delhi and other cities. With no or minimal distraction for youth, Indore provides the best study environment in Central India.
Indore city acts as a catalyzer city for IT and IT enabled services. It is popularly called as ‘Mini Mumbai’ because of its industrial and business activities. And with Dewas and Pithampur- ‘the Detroit of Madhya Pradesh’ in the vicinity it is also the ‘Industrial Hub’ . In the light of the same, Indore city provides an arena for employability opportunities in IT, ITeS, Industrial activities and Tourism. Therefore, the State Government encourages establishment of private universities and colleges for imparting under-graduate and diploma programs and churning out intellectually sharpened human resources for meeting the requirements of these burgeoning activities. Indore is well connected by air, central railways and National and State Highways (roadways).