In the Maharashtra state - west coast of India - on the Arabian sea
Mumbai's importance
Geographical location - on major shipping routes through the mediterrian sea
Major airport - lands 40% of India's flights and it provides connections to other areas of India with railway and road links
It's large financial center and industrial area which generates 6% of India's GDP, 40% of foreign trade and 25% of industrial production
Its home to Bollywood industry - center of culture and entertainment
Large number of financial institutes like the Bombay stock exchange and the reserve bank of India
Regional importance
The city contributes 40% of the total income of the whole state of Maharashtra.
The Hi-tech industry is growing call centers, online banking and software development.
The population of Mumbai is constantly growing, taking the young workforce from neighbouring cities.
Mumbai
India's commercial and financial capital
Mumbai contributes around US $310 bn to India's economy
Mumbai is responsible for 70 per cent of India's maritime trade
Mumbai is responsible for 25 per cent of India's industrial output
Nationally, Mumbai contributes 33% of all income tax
Nationally, Mumbai contributes 60% of all customs duty from trade
Reserve Bank of India
Located in Mumbai
Most of the leading banks are located in Mumbai
The two largest national stock exchanges are based in Mumbai
Bollywood
India's largest film industry, located in Mumbai
Mumbai
Transport hub with links to all major industrial cities in India
International importance
The city receives the largest amount of foreign investment of any other city in India. Mumbai has the largest number of international companies in Asia. The Bank of America, Volkswagen, Walt Disney and many more international companies have their headquarters located in the city.
Mumbai’s tourismindustry is booming with thousands flocking to the area from all over the globe.