Indore, the cleanest city of India, is the largest city of the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. A central power city, Indore exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, educaon, and entertainment and has been described as the commercial capital of the state. It boasts of well-developed industrial areas like Dewas and Pithampur where major industrial houses have producon facilies. Indore is home to the Madhya Pradesh Stock Exchange, India's third oldest stock exchange. Indore's real estate market is among the most expensive in the state. Numerous Schools, Colleges, and universies including Engineering and Management Instuons are located in Indore, including IIM Indore and IIT Indore. Soon Indore will be the IT hub of central India. Companies like TCS and Infosys will setup their new ventures at Super Corridor. Super Corridor is new industrial area of Indore which is developed by M.P. Government for IT and Medical Hub.
Indore was ruled by the Holkars from 1728, when the region was granted to them by Bajirao Peshwa. In the beginning of the Holkar reign, Maheshwar town close to Indore, famous for its sarees, was the capital. In 1818, the capital was shied to Indore by Rani Ahilyabai, daughter-in-law of Malhar Rao Holkar. The Holkars contributed significantly to the development of Indore. The soil of Malwa has nurtured many illustrious sons and daughters, prominent among whom are Dagar Brothers, M.F. Hussain, Lata Mangeshkar, Guru Deolalikar, Vishnu Chinchalkar, Baba Dike, Col. C. K. Naidu, Capt. Mushtaq Ali, Chandu Sarvate and many others.