page_title: Noida
section_title: Economy
hierarchical_section_title: Noida / Economy
caption_attribution_description: English: Night view of noida sector 78 - 76 Area
context_page_description: Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddh Nagar district of the Indian state of Uttar Pradesh. It is a satellite city of Delhi and is a 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. The city is managed by New Okhla Industrial Development Authority. The district's administrative headquarters are in the nearby city of Greater Noida.
  The city is a part of the Noida constituency and Gautam Buddha Nagar constituency. Minister of State for Culture and Tourism Mahesh Sharma is the present Lok Sabha MP of Gautam Buddha Nagar, while Pankaj Singh is the present MLA 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 nearly 50% green cover, the highest of any city in India. Noida is ranked 25th cleanest city among cities with less than 10 lakh people.
context_section_description: In the last 10 years, Noida has also become a hub for software and mobile app development companies like Microsoft, HCL, Samsung, Barclay's, Agicent, CSC. These companies are contributing to the city's economy with their software product development and service export in foreign currencies.
  Samsung recently invested INR 5000 crore in Noida, under "make in India" initiative.
  Noida is home to India's largest unicorn startup Paytm, a financial services company with multiple ventures including eCommerce, mutual-fund investments, utility bill payments and person-person payments.
caption: Noida skyline
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