Mumbai
Mumbai, the commercial capital of India, is one of the world's top ten trade centres. The city contributes 25 per cent of industrial output and 70 per cent of capital transactions to India's economy.
Mumbai, as befits a nation's financial capital, has seen a major economic boom ever since India embraced economic reforms. This has led to big ticket investments being made in the city in almost all sectors, especially the IT, ITeS and BPO sector.
The city is home to a huge talent pool and although its infrastructure leaves a lot to be desired, it still is one of the best places in India to do business in.
Mumbai households are the third most prosperous in India at an average of Rs 403,059 per year.
The city accounts for about 1 per cent of the total population in India, but has a per capita income which is almost three times that of India. Mumbai accounts for 14 per cent of India's income tax collections and 37 per cent of the corporate tax collections in the country.
Image: Devotees carry a huge idol Lord Ganesha in Mumbai on August 17, 2008. | Photograph: Pal Pillai/AFP/Getty Images
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