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Mumbai - the business capital of India -
Hot, crowded, different, exotic, rich, poor, and unforgettable...
Mumbai, formerly Bombay, is the capital of the Indian state of Maharashtra and the financial capital & business center of India. Mumbai
is situated on the western coast of India and has a deep natural harbour. It has an estimated population of 13 million, making it the most
populous city in India and one of the most populous cities in the whole world. After including the population of the neighbouring suburbs of
Navi Mumbai and Thane, the entire Mumbai metropolitan area houses 19 million people, thus making it the world's 5th most populous metropolitan
area.
Mumbai is the commercial and entertainment centre of India, generating 5% of India's GDP and accounting for 25% of industrial output, 40% of
maritime trade, and 70% of capital transactions to India's economy. It is home to important financial institutions such as the Reserve Bank of
India, the Bombay Stock Exchange, the National Stock Exchange of India. With most of large Indian business houses and multinational corporations
having their corporate headquarters and registered offices located in the city, it is an important base for trade and overseas businesses. Mumbai
is one of the world's top ten centres of commerce in terms global financial flow.
The city is the stronghold of Indian free enterprise and a major manufacturing centre for everything from cars and bicycles to pharmaceuticals and
petrochemicals. Mumbai is also the centre for India's textile industry.
Mumbai is also well ahead in the entertainment industry. It houses India's Hindi film and television industry, known as Bollywood. Mumbai's
business opportunities, as well as its high standard of living, attract migrants from all over India, thereby making it a truly cosmopolitan city
with diverse communities and cultures.
The fastest moving, most affluent and most industrialized city in India, Mumbai has the country's busiest international airport and seaport.
Mumbai is well connected by air to all major cities of the world and is also well connected by air, road and rail to all major Indian cities and
business centers. Mumbai's port handles over half of India's maritime cargo.
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