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Noida, short for the New Okhla Industrial Development Authority, is a city in India under the management of the New Okhla Industrial Development Authority. Many large software and business process outsourcing companies have their offices in the city. Noida is a major hub of industry. Noida has quickly emerged as a hub for automobile ancillary units, with companies like Escorts, Honda-SIEL, Moriroku Technology India Pvt Ltd and New Holland Tractors (JV of FIAT with Ford), Which generates the large number of jobs and career opportunities. Noida has a broad industrial base in the automobile, computer, technology, hardware manufacturing and healthcare industries.