Wednesday 5 February 2014

Mumbai : Glory and Growth

Glorious Mumbai
Glorious Mumbai 
Mumbai development and growth has been contributed by the deep natural port and the growth in industrial development as it is located within the west coast.
Mumbai named as the world’s alpha city, this entertainment and commercial hub occupies a top ten position among other cities, in global economic flow. It accounts to India’s GDP at 5 percent, has an industrial output of 25 percent, and generates capital transactions and maritime trade at 70 percent. 

Within Mumbai’s metropolis, organizations such as the Bombay Stock Exchange, Reserve Bank, National Stock Exchange, SEBI, and various Indian multinational corporations, such as Essel Group, Tata Group, Aditya Birla Group and other companies, are located. Marathi television and Bollywood film industries, are also housed within this city.
Mumbai development and growth, has been enhanced by the abundance of business opportunities, and the possibility of employment and improved living standards. This has attracted migrants from all corners of India, creating a mixture of cultures and communities within a melting pot.

Apparently, Mumbai contributes to India’s economic growth in entertainment, commercial and fashion industries. The sea port and textile mills have for many years being the foundation of the city’s economic growth. However, an up cropping of industries has arisen to play a major role in information technology, healthcare and engineering. 
This fundamental economic hub is also the center of main government offices. Consumer industries abound in food, hotel and clothing sectors. The commercial artery is further emphasized by the presence of luxurious hotels, ethnic Indian cuisine, supermarkets, malls, stores, the Dabbawala food system, road-side hawkers and vendors. 
From the Hindi film industry, to the pharmaceutical and healthcare industries, automotive parts, tractors, utensils, pencils, clothing, textile, biscuits industries, and the export and import sectors, Mumbai development and growth continues to elevate this land of opportunities in a class of its own.

Life in this city is fast-paced, with residents spending significant time commuting in trains. The metropolis has a host of road-side food kiosks, online ordering food services and gourmet restaurants that serve cuisines from Lebanon, Thailand, Korea, Mexico, Chinese, Continental, India and Italy. Coffee and tea are favorite beverages, and so is coconut water and fruit juices.

Mumbai is divided into upmarket residential areas for the affluent and the low market areas occupied by middle class to poor families. The south of Mumbai that extends from Colaba to Mahim, is the richest precinct in India. Situated in the eastern part of the city is Vikhroli a peaceful high-class residential suburb. 

Dharavi slum a diverse multi-ethnic and multi-religious settlement is the largest of its kind, worldwide. Goregaon a previous middle class abode, has altered its standard to a higher class level. It hosts film studios such as Film City and Filmistan.

Mumbai, the most extensively populous urban area worldwide, boasts the highest GDP among all the cities in the south, west and central Asia. This has contributed immensely to Mumbai development and growth.

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