Noida, short for the New Okhla Industrial Development Authority, is a systematically planned Indian city under the management of the New Okhla Industrial Development Authority (also called NOIDA). Being a satellite city of Delhi, it is part of the National Capital Region of India. As per provisional reports of Census of India, the population of Noida in 2011 was 642,381. Noida is located in Gautam Buddh Nagar district of Uttar Pradesh state in close proximity to NCT of Delhi. The district's administrative headquarters are in the nearby town of Greater Noida. However, the district's highest government official, the District Magistrate (DM), has its official camp office in Noida. The city is a part of the Noida Vidhan Sabha (state assembly) constituency and Gautam Buddha Nagar (Lok Sabha constituency). Minister of State for Culture, Tourism of Civil Aviation Mahesh Sharma of the BJP is the current MP of Noida. Noida was ranked as the Best City in Uttar Pradesh and the Best City in Housing in all of India in "Best City Awards" conducted by ABP News in 2015. Noida replaced Mumbai as the second-best realty destination, according to an analyst report. Roads in Noida are lined by trees and it is considered to be India's greenest city with about 50% green cover, the highest of any city in India. Noida has emerged as a hot spot for IT and IT-enabled services industry with many large companies setting up their businesses here. It is becoming the preferred destination for companies offering IT, ITeS, BPO, BTO and KPO services in various domains such as banking, financial services, insurance, pharma, auto, fast-moving consumer goods and manufacturing. According to a study by Assocham the major advantages include an excellent power supply, a salubrious climate eminently suited to information technology (IT) industries, a capability to increase the pool of skilled manpower, the availability of engineering colleges and other educational institutions, the low cost of setting up an IT unit as well as low recurring costs (including cost of living). Read more on Wikipedia
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