I came to live in Hyderabad in 1992, a few months after I returned from the London School of Economics (LSE). Economic reforms had just been unveiled in India. Perhaps no other city adapted itself so fully and quickly to the liberalised and globalised phase of the Indian economy as did Hyderabad. Today, you will find the icons of new economy dominating the city’s landscape. Interestingly, before that Hyderabad was quintessentially a command economy city with a large number of public sector industries and government R&D establishments around its core. Before that, it was a city that personified a feudal-aristocratic ambience with an unequal mix of high culture and gruesome backwardness. Hyderabad thus has the uncanny ability to reflect and own the essence and drift of the political economy of India. In many ways, it is a microcosm of our country.