Skyscrapers and skyline view of Gurgaon

2014-08-12 6

Gurgaon is the second largest city in the Indian state of Haryana, and near Delhi. Gurgaon is the industrial and financial centre of Haryana. It is located 30 km south of national capital New Delhi, about 10 kilometers from Dwarka Sub City and 268 km south of Chandigarh, the state capital. Gurgaon is one of Delhi's four major satellite cities and is part of the National Capital Region (India). Gurgaon is within commuting distance of Delhi via an expressway and Delhi Metro.

Gurgaon has the third highest per capita income in India after Chandigarh and Mumbai. Gurgaon is also the only Indian city to have successfully distributed electricity connections to all its households. However, because of its heavy vehicular traffic and inefficient public transportation apart from the Delhi Metro. Over the past 25 years the city has undergone rapid development and construction.

Favorable tax policy by the Haryana government, pressure from Rajiv Gandhi to allow private companies to build properties and its proximity to Indira Gandhi International Airport saw the emergence of Gurgaon as one of the most prominent outsourcing and offshoring hubs in the world. It has also become a major hub of telecom companies. Prominent companies headquartered here include Bharti Airtel, Nokia, Motorola, Alcatel Lucent, Aricent Group and Ericsson. Gurgaon is also house to MNC's like PwC, Deloitte, SAP, KPMG, BCG, McKinsey and Nestle.

Automobile manufacturing, garment manufacturing, world-class real estate and shopping malls are the other main industries. Gurgaon and Faridabad together generate over 50% of Haryana's income tax revenues.

One of the attractions for international companies to operate factories and offices in Gurgaon is nearby Delhi Airport. Although the local government has claimed to provide electricity to almost all residents, the city people are frustrated by high costs, frequent cuts and low voltage problems which has resulted in some people fleeing to neighbouring Delhi for a better standard of Living. Most of the official complexes and societies are running on Diesel gensets. Summer months are worst in Gurgaon with no proper water and electricity supplies.

Source: Wikipedia

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