Indore is a major city and commercial center of the state of Madhya Pradesh in central India. Indore city has a population of 1,516,918(2001 census), the 15th largest city in India and the 147th largest city in the world. During the days of the Maratha Empire it was an important halt between the Deccan and Delhi. Indore is the commercial capital of Madhya Pradesh with a bulk of its trade coming from Large, Mid and Small scale manufacturing industries. These industries range from Automobile to Pharmaceutical and from Petroleum Refineries to Textile. Indore's major sources of income are those from Textile, Education and metal works industries. Major industrial areas surrounding the city include the Pithampur Special Economic Zone and the Sanwer Industrial belt having about 2000 factories of various sizes. Pithampur is also known as the Detroit of India.
Indore is a leading tier-2 city. Indore, often called mini-Mumbai, is the commercial capital of Madhya Pradesh and is at the cusp of an explosive growth. Indore is now experiencing what Delhi, Mumbai, Banglore, Hydrabad did in the last few years – lots of real estate millionaires in the making. A leading tier 2 city, strong growth, strongly driven by the domestic economy (as against service export oriented dependence on the US economy) Independent research reports touting Indore as a major real estate hub in the next few years.