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Faridabad a city in the indian state of haryana has a growing startup scene driven by its location in the national capital region and a burgeoning community of young entrepreneurs the city has a rich history of entrepreneurship with many successful businesses emerging from the area over the years faridabad is located in northern india in the state of haryana and has a population of approximately 14 million people the city is situated on the banks of the yamuna river and is surrounded by several other major cities including delhi and gurgaon the city has a growing reputation as a hub for technological innovation particularly in the areas of it services software development and ecommerce several successful startups have emerged from the city including vizexperts myoperator and 1mg other notable companies with headquarters or significant operations in faridabad include escorts limited jcb india and lts electrical and automation division faridabad is also known for its role in the indian independence movement with several key events taking place in the city today the city is home to several museums and historical sites that commemorate this period of indian history the city is home to several universities including the manav rachna international university and the lingaya vidyapeeth which provide a strong talent pool for the citys growing startup ecosystem the living wage in faridabad varies depending on the industry but for unskilled labor it is around inr 11000 per month or approximately 150 usd the unemployment rate in the city is currently around 45 which is relatively low compared to other parts of india the citys gdp is estimated to be around 10 billion faridabads startup scene is thriving driven by its location in the national capital region a growing community of young entrepreneurs and a strong talent pool the citys technological innovations rich history of entrepreneurship and supportive business environment all contribute to its growing reputation as a hub for innovation and opportunity however the city still faces challenges and it will be important to continue to foster a supportive ecosystem to help startups succeed in the years to come