Nehru Place is a large commercial, financial, and business center in Delhi, India. Although 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, Bhikaji Cama Place and Rajendra Place. It is widely considered to be a major information technology hub of South Asia.