Hoardings In Mumbai

About Mumbai

Mumbai, previously known as Bombay, is the capital city of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million.
Along with the neighbouring urban areas, including the cities of Navi Mumbai and Thane, it is one of the most populous urban regions in the world.

Highlights of the City

It is also the wealthiest city in India, and has the highest GDP of any city in South, West or Central Asia.
Mumbai is the commercial and entertainment capital of India. It is also one of the world's top ten centres of commerce in terms of global financial flow, generating 5% of India's GDP and accounting for 25% of industrial output, 70% of maritime trade in India (Mumbai Port Trust & JNPT), and 70% of capital transactions to India's economy.

Commercial Details

Mumbai is India's largest city (by population) and is the financial and commercial capital of the country as it generates 6.16% of the total GDP. It serves as an economic hub of India, contributing 10% of factory employment, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India's foreign trade and INR4000 crore (US$610 million) in corporate taxes.

As of 2008, Mumbai's GDP is INR919600 crore (US$140 billion), and its per-capita (PPP) income in 2009 was INR486, 000 (US$7,400), which is almost three times the national average.

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