Indore is one of the most diverse and vibrant cities in Madhya Pradesh.
From iconic attractions and historic places to magnificent landmarks and food delicacies, Indore is a unique blend of rich heritage and modern amenities.
The best part? The technological innovation and top-notch infrastructure in Indore offer a massive platform for businesses, especially SMBs, to thrive.
No wonder, top investors and industrialists like LetsVenture and Info Edge are proactively funding business ventures in this city. Besides, the presence of state-of-the-art coworking spaces in Indore makes the city a convenient and cost-efficient office location that attracts a wealth of talent.
If you are looking forward to expanding your business in Indore, this post will offer crucial insights to help you in decision-making.
Being one of the most commercially growing cities in Madhya Pradesh, Indore has a lot to offer! Let’s explore the top eight reasons that make it a sought-after destination for setting up a business.
Indore’s infrastructure remains at the heart of its commercial success. This city is home to hi-tech IT parks, coworking spaces, industries, and modern amenities. This makes Indore a great city for working professionals to stay and work.
The intra-city public transportation network is quite good. It comprises around 10,000 auto rickshaws, 500 buses, and 550 tempo services. Besides, Indore has six main railway stations and a well-connected international airport called Devi Ahilya Bai Holkar Airport. It is situated 8 km away from the heart of the city.
Indore is 27% cheaper compared to cities like Mumbai. This is one of the prime reasons entrepreneurs and working professionals prefer Indore over other metropolitan cities.
Check out the following screenshot depicting price comparison by category.
Indore is a foodie’s paradise. From restaurants serving lip-smacking Indian dishes like Biryani, Chappan, and Khopra Pattice, to international cuisines like Italian, Thai, and Chinese preparations, you will find an array of options to munch on.
Indore is one of the safest cities in India. According to statistics, the safety in this city during the day is 67.76%, whereas it is 46.8% during the night. So, working professionals, especially women can safely travel round the clock without any security concerns.
Indore is home to some of the most prestigious educational institutions, such as the Indian Institute of Technology Indore (IIT), International Institute of Professional Studies, and Cambridge International School.
Entrepreneurs looking to expand their business in Indore can recruit the best talent from these colleges and universities.
Indore’s climate is usually between a humid and cold climate. Due to the high elevation and inland location of this city, the temperature at night is relatively cooler compared to daytime even in peak summers.
Intelligent, warm, and helpful – this defines the progressive mindset of the Indories. They treat everyone with respect and hold great business acumen. Networking and partnering with the natives for business can help entrepreneurs establish their ventures with ease.
Here are the top 10 places of interest in Indore.
Lal Bagh Palace, which exemplifies rich heritage and grandeur, was once the home of the prestigious Holkar rulers of Indore.
Today, this palace serves as a public museum showcasing unique objects and artifacts of cultural and historical importance. The massive chandeliers, marble flooring, and handmade paintings in this palace offer a magnificent portrayal of the royal lifestyle.
The most interesting fact about this museum is its main gate. Its architectural design appears like the gates of Buckingham Palace in London. This museum is a feast for the eyes of vintage lovers.
The glorious Rajwada Palace was built in the year 1776 by the rulers of the Holkar Dynasty. This seven-storied palace is a perfect example of architectural craftsmanship. The architecture is inspired by the Maratha, French, and Mughal architectural techniques and styles.
Surrounded by greenery and fountains, this palace is a sight to behold.
The light and sound show in the evening makes Rajwada Palace even more appealing for visitors. Visiting this palace in the evenings with friends can be a great way to unwind after office hours.
Also called the Indore Museum, the Central Museum is a treasure trove of historical artifacts.
Constructed in 1929, this museum exhibits, scriptures, stone sculptures, copper coins, arms and armors, and several other historical relics.
This museum boasts the largest Statue of Lord Ganpati in the world. The statue’s height is around eight meters and the frame is made with precious metals like silver, gold, copper, and brass. The astonishing artifacts combined with peaceful surroundings make this museum a treat for history enthusiasts.
Kanch Mandir, also called the Temple of Glass, is a Jain temple. It was built in 1903 by India’s industrial pioneer, Seth Hukam Chand.
As the name reflects, the interiors of this temple are made using glass.
Devotees usually visit this temple early in the morning or after sunset. However, this beautiful glass temple is open for visitors throughout the day.
Situated 45 km from Indore, Janapav Hill is a delight for all nature lovers.
This hill is the second highest point of the Malwa plateau after Dhupgarh hill. The breathtaking view at the hilltop, surrounded by greenery, makes this location a hot spot for trekking.
People who love exploring nature can visit this place to enjoy their weekends.
Sarafa Bazar is a food haven. Foodies can indulge in delicious Indori food items in this market. The unique thing about Sarafa Bazar is that it is a jewelry market during the day that transforms into a food market by evening.
This market is a must-visit place to taste Indore’s authentic food flavors and jewelry shopping.
Established in 1981, the Ralamandal Wildlife Sanctuary is located 12 km from Indore. Away from the hustle-bustle of the city, this wildlife sanctuary has distinct wildlife species like leopards, black buck, blue bull, and rabbits.
Adorned with bushy trees, the peaceful vibe of this place makes it perfect for unwinding with family and friends.
Spread over a massive area of 80 acres, the Pipliyapala Regional Park is one of the best places of interest in Indore.
Also called Atal Bihari Vajpayee Regional Park, this place comprises a beautiful lake and attractions like musical fountains, lush gardens, and food zones.
The lively and pleasing ambiance makes it a perfect destination to spend quality time with loved ones.
The Patalpani Waterfall is situated in the Mhow Tehsil of the Indore district. Surrounded by majestic hills, a river, and dense forest covers, Patalpani plummets from 300 meters above the surface.
The scenic beauty of this waterfall has made it the favorite of visitors.
This mall is a dream destination for every shopaholic. From offering a massive choice of shops and brands to buy to a movie hall and food court, this mall has got everything. The entertainment and amenities here have made this mall the topmost attraction of the city.
Visitors can hang out and refresh their minds here after a hectic day at work.
With amenities like top-class educational institutions, IT parks, and cost-efficient coworking spaces, Indore offers a plethora of opportunities for businesses to prosper. Furthermore, the shared amazing places of interest and reasonable cost of living make Indore an ideal city for staying and working.
The best part? The natives of Indore are well-educated and can prove to be a great resource for your venture.
So, as an entrepreneur, consider Indore as the next office destination to take your venture to great heights.