Rags to Riches, the journey was a long one for the city that was called Gurgaon but it now officially renamed to Gurugram. Currently one of the model for India’s global cities of the future, it was not always so.
36 years ago, the first Maruti Suzuki car factory opened its shop here. Now, there’s no stopping the growth. The Millennium City of India, is now filled with many entrepreneurs starting their own ventures.
It is an ideal location for business. If you want to open up a start-up, this place has the audience and the opportunity to do so. Gurugram is already filled with corporates, and there’s space for more.
The untold story of how Gurugram reached from rags to riches – from just being a city for farmers to what it is now- and is now known as the Millennium City of India is revealed below.
The city’s success started with the liberalization of the economy in 1991. All hell broke loose in the entrepreneurial sector as the Haryana Urban Development Authority (HUDA) gave free reign to development plans in the area. Following this, came many foreign companies who outsourced their work and opened offices. Soon, hotels made to fit the luxurious life were built and the city became what it is – beautiful and amazing!
Rapid industrialization has resulted in over 50 malls, luxury business offices, elite residential areas; Gurugram is no longer just the city of blue cows.
The only demerit, that is mostly ignored, is the fact that the city is prone to earthquakes. Industrialization has depleted water, energy and other resources. This might soon be the result of the downfall of the model city.
Let’s hope this never happens – the city grows more and prospers and the Master Plan in the making solves all of its future problems.