Hyderabad was historically known as a pearl and diamond trading centre, and it continues to be known as the City of Pearls. Many of the city's traditional bazaars, including Laad Bazaar, Begum Bazaar and Sultan Bazaar, have remained open for centuries. However, industrialisation throughout the 20th century attracted major Indian manufacturing, research and financial institutions, including Bharat Heavy Electricals Limited, the National Geophysical Research Institute and the Centre for Cellular and Molecular Biology. Special economic zones dedicated to information technology have encouraged companies from across India and around the world to set up operations and the emergence of pharmaceutical and biotechnology industries in the 1990s led to the area's naming as India's "Genome Valley". With an output of US$74 billion, Hyderabad is the fifth-largest contributor to India's overall gross domestic product.
Lumbini Park is a small public, urban park of 7.5 acres (0.030 km2; 0.0117 sq mi) adjacent to Hussain Sagar in Hyderabad, India. Since it is located in the center of the city and is in close proximity to other tourist attractions, such as Birla Mandir and Necklace Road, it attracts many visitors throughout the year. Constructed in 1994, the park is maintained by the Buddha Purnima Project Authority that functions under the directives of the Government of Telangana. In 2007, it was one of the targets of the 25 August 2007 Hyderabad bombings that killed 44 people.
Golconda, also known as Golkonda or Golla konda ("shepherd's hill"), a fort of Southern India and capital of the medieval sultanate of the Qutb Shahi dynasty (c.1518?1687), is situated 11 kilometres (6.8 mi) west of Hyderabad. It is also a tehsil of Hyderabad district, India. The region is known for the mines that have produced some of the world's most famous gems, including the Koh-i-Noor, the Hope Diamond and the Nassak Diamond.