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Bombay





India officially the Republic of India, is a country in South Asia. It is the seventh-largest country by geographical area, the second most populous country, and the most populous liberal democracy in the world. India is a union of twenty-eight states and seven federally-governed union territories. New Delhi is the capital of India.
 
Bombay is the capital of the state of Maharashtra, and the most populous city of India, also it is the second most populous city in the world with an estimated population of about 13 million as of 2006. Mumbai is located on Salsette Island, off the west coast of Maharashtra. Along with its neighbouring suburbs, it forms the world's sixth most populous metropolitan area with a population of about 20 million. The city has a deep natural harbour and the port handles over half of India's passenger traffic and a significant amount of cargo.
 
Bombay is the commercial and entertainment capital of India, and houses important financial institutions, such as the Reserve Bank of India the Bombay Stock Exchange, the National Stock Exchange of India and the corporate headquarters of many Indian companies. Bombay has attracted migrants from all over India because of the immense business opportunities, and the relatively high standard of living, making the city a potpourri of various communities and cultures. The city is home to India's Hindi film and television industry, known as Bollywood. Bombay is also one of the rare cities to accommodate a national park, the Sanjay Gandhi National Park, within its city limits.
 
Bombay contributes 10 percent of all factory employment, 40 percent of all income tax collections, 60 percent of all customs duty collections, 20 percent of all central excise tax collections, 40 percent of India's foreign trade and Rupees 40 billion in corporate taxes. A number of Indian financial institutions have headquarters in downtown Mumbai, including the Bombay Stock Exchange, the Reserve Bank of India, the National Stock Exchange of India, the Mint, and numerous conglomerates. Many foreign banks and financial institutions also have branches in this area.
 
Bombay residents celebrate Indian and Western festivals with great fanfare. Cricket is the most popular sport in the city.

A city known for its historic myths and traditions, scenic beauty, cooperative people and luxurious hotels and cottages, Bombay is one of the favorite holiday destinations for most of the vacation lovers.

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