Connaught Place is one of the largest financial, commercial and business centers in Delhi. It is often abbreviated as CP and houses the headquarters of several Multinational and Indian firms. Its surroundings occupy a place of pride amongst the heritage structures of the city. It was developed as a showpiece of Lutyens' Delhi featuring a Central Business District, named after the Duke of Connaught. The Connaught Place of today is one of the most vibrant business districts of New Delhi.