Nehru Place is a large commercial, financial, and business center in Delhi, India. Though its importance as a financial center has declined in recent years, Nehru Place is still a prominent commercial area in South Delhi and houses the headquarters of several Indian firms and rivals with other financial centers in the metropolis like Connaught Place, Gurgaon, Bhikaji Cama Place, Rajendra Place and NOIDA. It is widely considered to be a major hub of South Delhi's information technology industry.