Wanted to know about Hotels of Mumbai. Certainly, we Hotels Angel will let you know each and every famous Hotels in Mumbai but prior to that allow us to tell you everyting about Mumbai in detail. Knowing this for sure, your respect towards Mumbai will increase and will accelrate your plans to visit this City.
History :
This city was formall ycalled as Bombay. Mumbai is the capital city of Maharashtra. This city is considered to be the second most populous city in the World. This city has got 14 million population. Urban areas has recently merged with Mumbai, now they are called as Navi Mumbai and Thane. This city has got a deep natural harbour and it lies on the west coast. Mumbai is not only the richest city in India but also in the year 2009 it was name as Alpha World City.
Earlier Bombay was considered to be a home communities of Fishing Colonies. Before coming in to the hands of British East India Companies Bombay was under the control of Portuguese and Indigenous Empires. Indigeneous Empires were considered to be the succesive controlers of Bombay who has controled it for years and years.
After acquiring Bombay in their authrotiy Britishes has reshaped it with large-scale civil engineering projects and has made it as a comprehensive and a significant trading town. In 19th Century Bombay has said to be characterised in Economic and Educational Developments. In the early 20th Century Bombay became a strong base for the Indian Independence Movement. After the Independence the Bombay was incorporated into Bombay State in the year 1947. Samyukta Maharashtra Movement which was in the year 1960 a new state of Mahrashtra was created with the capital city as Bombay. Bombay was renamed as Mumbai in the year 1995
Not only Commercial but Mumbai is also considered to be an entertainment centre of India. Mumbai is able to generate the following percentage to the Indian Economy.
- Industrial Output - 25%
- Marine Trade - 40%
- Capital Transactions - 70%
Financial institutions such as Reserve Bank of India, Bombay Stock Exchange, National Stock Exchange of India and various Multinational and Indian companies have made their base in Mumbai and have chosen Mumbai as their homes for their appropriate headquarters. Top of that Mumbai is considered to be a home city for Indian Hindi Films and Television Industry, which is known in the world as Bollywood. The business opportunities in Mumbai and its standard of living has attracted many migrants from different states of the Country which inturn has made this city as a city of many communities and cultures.
In the year 1995 The English name Bombay was officially changed in Mumbai by Shiv Sena Party after they won the Maharashtra State Elections. Shiv Sena Party considered to be one of the famous Hindu Nationallist Party. Since, then the Bombay was pronounced with a Marathi Pronunciation "Mumbai".
Economy :
Mumbai is the economic hub of India and is the financial capital of the Country. Mumbai is said to generate 5% of the total GDP i.e., Rs. 200,483 Crores and per-capita income is Rs. 128,000/-. Mumbai is contributing the following as per the records.
- 10% - Factory Employment
- 25% Industrial Output
- 33% Income Tax
- 60% Customs Duty
- 20% Central excise tax
The following collections are three times of the national average collections. Famous conglomerates are based in Mumbai for instance, Larsen and Toubro, Life Insurance Corporation of India, State Bank of India, Tata Group and Reliance and five of the Fortune Global 500 companies. Top of that many of the financial institutions and foreign banks are based in Mumbai. In early phases of Mumbai it was properous in textile mills and the seaport but since then it has been diversified in engineering, diamond-polishing, healthcare and IT (Information Technology). In the year 2008 Mumbai stood third in the categories of Global Cities and had been subjected to "Alpha World City"
Mumbai city's large workface is been carried by state and central government employees. However, Mumbai is said to possess large number of unskilled and semi-skilled self employed population. Most of them earn their livelihood as hawkers, taxi drivers and mechanics. Where as education population earn their livelihood in blue collar professions and jobs. Mumbai port is one of the oldest and significant port in India because of which port and shipping industry is well established.
Central Mumbai contains a large recycling industry which process recyclable waste from other parts of the city based in Dharavi. The district has estimated to possess 15,000 single room factories. .
- 10% - Factory Employment
- 25% Industrial Output
- 33% Income Tax
- 60% Customs Duty
- 20% Central excise tax
The following collections are three times of the national average collections. Famous conglomerates are based in Mumbai for instance, Larsen and Toubro, Life Insurance Corporation of India, State Bank of India, Tata Group and Reliance and five of the Fortune Global 500 companies. Top of that many of the financial institutions and foreign banks are based in Mumbai. In early phases of Mumbai it was properous in textile mills and the seaport but since then it has been diversified in engineering, diamond-polishing, healthcare and IT (Information Technology). In the year 2008 Mumbai stood third in the categories of Global Cities and had been subjected to "Alpha World City".
Mumbai city's large workface is been carried by state and central government employees. However, Mumbai is said to possess large number of unskilled and semi-skilled self employed population. Most of them earn their livelihood as hawkers, taxi drivers and mechanics. Where as education population earn their livelihood in blue collar professions and jobs. Mumbai port is one of the oldest and significant port in India because of which port and shipping industry is well established.
Central Mumbai contains a large recycling industry which process recyclable waste from other parts of the city based in Dharavi. The district has estimated to possess 15,000 single room factories.
