Nagpur, the second capital of Maharashtra, has for long suffered due to lack of strong leadership and political will. Thus the manufacturing boom that many other Indian cities embraced with elan bypassed Nagpur. However, as if to compensate for this 'loss,' the city has turned into a major trading hub.
Strategically located, Nagpur is the largest city in central India with excellent educational institutions that churn out a fine talent pool. The city's impressive infrastructure, new supporting governmental policies, an enabling and peaceful business environment, availability of a huge knowledge pool, etc have seen a number of IT firms setting up base here.
A proposed special economic zone that will house a major international cargo hub and also information technology companies will further boost the city's allure for IT firms.
At Rs 298,000, Nagpur is the 10th most prosperous city in terms of average annual household income in India.
Image: The magnificent stupa at Diksha Bhoomi in Nagpur. | File photograph
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