The major multinationals want to establish their corporate houses in Gurugram. This region is dotted with many global giants such as Microsoft, Oracle, Sapient, American Express, IBM, Price Waterhouse Coopers, McKinsey and Company, Google, GE, eFunds, Convergys, WNS, Nortel, Dell, Ericsson, Motorola, HP, SAP, Fidelity, Honeywell, Panasonic Corporation, Ranbaxy Laboratories, UHG, AMD, RBS, Alcatel, Avanade, Bank of America, InterGlobe technologies, Sitel, HSBC, Keane, and McAfee etc. It is also the manufacturing base of Maruti Suzuki and Hero Honda groups.
Gurugram offers word class amenities like high-rise apartments, private parking areas, sanitation, uninterrupted power and water supply, shopping malls, discos, pubs, eating joints and multiplexes. The job opportunities and the quality of life in Gurugram, makes it a favorite destination of the youth in India. Government of Haryana has arranged for power backup, sanitation, highways, flyovers, banks and other infrastructural support for Gurugram. The connecting roads to New Delhi have been broadened to clear the traffic bottlenecks. Gurugram has also been connected via the Metrorail network. The eight-lane toll expressway is also being extended to smoothen the traffic from and towards Delhi.
Gurugram city has derived its name from the famous character of Mahabharata, Guru Dronacharya. The city was given to the Guru by his royal pupils and it was called Gurugram. During the reign of Emperor Akbar, it was under the state of Agra and Delhi, and it was included in the British Empire in 1803. In 1857, it was included in the state of Punjab and later on, in 1979 Faridabad was separated from Gurugram, whereas tehsils of Ballabhgarh and Palwal were included in it.
After the liberalization of 1991, Gurugram saw an unexpected rise in the industry and real estate sectors. It was so huge that people started comparing Gurugram with southern city of Bangalore. Most of the original inhabitants of Gurugram are ahirs, jats, sainis, and gujjars. Gurugram is also home to many Punjabi migrants post partition.
Reliance Venture and Haryana government are going to set up a multi product special economic zone SEZ in Gurugram. The total budget for this project is Rs.3000 crores and the Japanese companies like Mitsubishi and Panasonic are awarded large contracts to setup manufacturing and logistics facilities for the special hundred square kilometers economic zone. This ambitious project is expected to create around 1.5 million new jobs.
DLF is the largest real estate company in Gurugram. Initially it bought land from farmers and constructed housing apartments and multistory buildings for office purposes.