A city dotted with historical monuments, forts and splendid palaces, Indore is situated in Madhya Pradesh state, central India. It was found in 1715 as a trade market by local landowners, who erected Indreshwar temple from which the city name is derived. It became the capital of the princely state of Indore belonging to the Maratha Holkars. Under the British it served as the headquarters of the British Central India Agency. The largest city in the state, it is an important commercial and industrial centre.