Fuzzy Bus

Believed by many to be the entertainment and commercial center of India, Mumbai is the capital of the state of Maharashtra. The city was formerly known as Bombay and has emerged from British rule to become one of the strongest and most modern of India’s developing megacities.

Mumbai is one of the world’s top ten commercial centers as well as one of the five most populous urban areas. Many Indian and global corporations have headquarters in Mumbai. It is the home of the National Stock Exchange of India and the Reserve Bank of India.

Bollywood is found in Mumbai. It is the largest film industry in India and specializes in Hindi language productions. Recent figures show that Bollywood produces over 1000 films a year and sells over 3.5 billion tickets. It’s annual growth rate is 12.6%, making it the fastest growing film industy in the world, and one of the largest.

In addition to being the largest port in India, Mumbai genearts 5% of the country’s GDP. It also handles nearly three-fourths of India’s capital transactions and 40% of its maritime trade. Ten percent of all factory employment in India is in Mumbai and the city generates 60% of the nation’s customs fees.

Since Mumbai is responsible for nearly half of India’s foriegn trade, there are always people arriving in Mumbai on commercial and financial trips. Business travelers to the city will find that the 5 star Mumbai hotels have all the technological features necessary to conduct business as well as other modern amenities to make their visit enjoyable.

No related posts.