An almost 500-year old city with a rich history, Hyderabad is the capital of the Indian state of Andhra Pradesh. It is situated on the Deccan Plateau along the banks of the Musi River. Formerly known as Bhagyanagar, this city was founded by Sultan Mohammed Quli Qutub Shah in the year 1590. It got its old name from Bhagamathi, who was Sultan's beloved. After she converted to Islam and changed her name to Hyder Mahal, the city was rechristened as Hyderabad. Subsequently, the city served as the capital of the Asaf Jahi dynasty, later referred to as the Nizams of Hyderabad. They ruled over the region until 1948, a year after India attained independence from the British Raj. The audacious history of Hyderabad is rooted deep in its tradition and culture, which is a fine blend of modernity and tradition. Making steady progress in terms of development, Hyderabad has grown into one of the leading hubs in the country for IT and pharmaceutical companies. Boasting of numerous attractions in the Old City along with other places of interest in the neighbourhoods, Hyderabad has emerged as a popular historic destination in the country.