Thursday, January 11, 2007

Tell me about Mumbai

Here is a quick overview of Mumbia (formerly known as Bombay). The name was officially changed to Mumbai in 1995, but the former name is still used by many of the city's inhabitants and famous institutions.

I didn't know this, but the city rests entirely on an island called Salsette Island. It has a population of about 18 million, with a density of about 29,000 persons per square kilometer. For comparison purposes, the density of New York City is about a third of Mumbai at only 10,316/km².



In the mid-1860's, Mumbai because the worlds primary cotton trading market and up until about 1980, the city owed much of its prosperity primarily to textile mills and the seaport. Since then, the city's economy has become more diversified and now includes information technology, healthcare, engineering and diamond polishing.

The entertainment industry is the other major employer in Mumbai. The majority of India's major television and satellite networks are based in Mumbai, plus most of its large publishing houses. Bollywood is also located in Mumbai, along with its largest studios and movie production houses.

In terms of India's economy, Mumbai contributes 10% of all factory employment, 40% of all income tax collections, 60% of all customs duty collections, 20% of all central excise tax collections, and 40% of India's foreign trade.

Next up... Arambol

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