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BUSINESS & BUSINESS OPPORTUNITIES IN MUMBAI

The city which never sleeps never ceases to work as well!

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HISTORY

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Business openings in Mumbai city are expanding step by step. Business or business or exchange Mumbai has dependably owed its achievement and assortment generally to its material factories and its seaport ( Mumbai port trust ) until the 1970s. These are currently progressively being supplanted by businesses & Industries. Utilizing more gifted work, for example, Healthcare, Education, Tourism, framework, building, Diamond polishing, training, human services, and data technology (IT) and new seaport (J.N.P.T.). Mumbai has tremendous new business opportunities considering population size of 18 million and as yet expanding. More ‘new business openings in Mumbai’ coming up each day.

STOCK EXCHANGE

Mumbai is also known as the Financial capital of India. BSE (Mumbai Stock Exchange) & NSE (National Stock Exchange) are located in Mumbai. which is linked to most of the mutual fund companies, brokerage firms and asset management companies. A small-time street ‘Dalal street’ is now one of the most famous and active & crowded places in Fort area of Mumbai city.

Additionally, Most of Financial Institutions, all Indian Nationalised banks, as well as International banks, MNCs and Corporates have their presence in Mumbai. Which contributes to making Mumbai a financial hub of India. Import-export business, ship breaking industry, shipbuilding industries are also flourished in Mumbai and taken it as business opportunities in Mumbai. It also helped to attract warehousing and transport business in Mumbai.

SMALL BUSINESS OPPORTUNITIES

A major percentage of the city’s workforce has a large inrush of unorganized and lesser or uneducated labor population. They earn their livelihood from small labor work and domestic help. Also as Truck, Bus, Taxi and Auto-rickshaw drivers, mechanics, vegetables & milk vendors and other such humble professions and as a small business on daily basis as business opportunities in Mumbai.

JOB OPPORTUNITIES

The Mumbai port trust and shipping & industries also employ many locals directly and indirectly. Like other large and highly populated cities, Mumbai also has a large population of people from rural areas of all over India looking for employment. That’s why Mumbai is also called the ‘city of opportunity‘.

MUMBAI FILM INDUSTRY – THE “BOLLYWOOD”

The Entertainment, Television and Film industry is the other real manager and business action in Mumbai. All of the satellite TV and Film appropriation systems are situated in Mumbai. And also the enormous distributing organizations. Countless Hindi, English and Regional network shows are made in Mumbai. The Bollywood known for Hindi film industry is situated in Mumbai. With the biggest studio like Film city and other Film generation houses, and most significant publicizing organizations working in India likewise have their corporate office in Mumbai.

LOCATIONS OF BOLLYWOOD

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Thousands of people from all over India and now from different countries are working with Film Industry. Mumbai city is a permanent home for most of the film actors, Producers, and directors who prefer to live in Andheri, Juhu and Bandra area. Goregaon to Borivali is also the ideal place for newcomers.

LARGE BUSINESS HOUSES

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Top Industrial groups are located in Mumbai city, like Tata Group, Reliance Industries, Aditya Birla Group, JSW group, RPG group, Hindustan Petroleum, Bharat Petroleum, Larsen & Toubro, Essar , Hindalco Industries, Bajaj , Godrej , Mahindra & Mahindra, Hindustan Unilever, and many more. They are mainly responsible for the organized business sector and for economic development in Mumbai.

With the investment of billions of dollars in Business, industries and real estate, it helped mainly employment and economy of our country. Therefore people find it as the best business opportunity in Mumbai

Mumbai city is one of the costliest city to live in and real estate prices are highest here in Mumbai city. Many large Indian consumer product companies and MNCs like Hindustan Unilever, Proctor & Gamble, Nivea, Colgate, Godrej have their base in Mumbai.

INFRASTRUCTURE DEVELOPMENT

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Government is financing billions of dollars for infrastructure development & foundation advancement in Mumbai. With the introduction of long bridges for faster connectivity & Metro rail and Monorails for comfort. All roads & streets are changing into solid concrete roads. Slums and Old building are being redeveloped for more open space and better amenities & enhancements. Thus, job opportunity in Mumbai is considerably high in comparison to other cities in India. In this manner, opening for work in Mumbai is extensively high in contrast with different urban areas in India, With increasing air traffic, the new airport is planned to reduce loads on existing airports in Panvel. Introduction of international companies like OLA and Uber with our own unique black & yellow cabs and auto rickshaws ferry passengers round the clock. And of course Mumbai Local & BEST buses are now giving reliable and faster services.

GEMS & JEWELLERY BUSINESS

India is world’s largest importer of rough diamonds and exporter of polished diamonds of which Mumbai is the heart of the diamond market.Diamond Market, Earlier in Panchratna at Opera house area and now Newly constructed ‘Bharat Diamond Bourse’ is also known as ‘Bourse’. This exclusive complex is spread in 20 acres is located at BKC, Bandra, Mumbai. Approximately, 2500 traders and exporters of gems and jewelry are situated here. In addition, all major banks and other relevant business also have their establishments in Mumbai. SEEPZ in Santacruz and cutting and polishing business in Malad to Virar area attracts traders of diamond business from all over the world. Approximately 200 km from Mumbai is another diamond city called Surat(Gujarat). Many People travel daily for diamond trade from Surat to Mumbai city.

TEXTILE & READY MADE GARMENT BUSINESS

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Mumbai is also famous for its Textile Industries. Hundreds of power loom factories have come up after textile mills in Mumbai has been shut down for development purposes. Later Mumbai emerged in the fashion industry and rapidly sprang in fashion designing and readymade garment industry hubs. There are many wholesale markets for textile which are located in different part of Mumbai apart from Mangaldas Market in Kalbadevi.

TOURISM BUSINESS

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Travel & Tourism generates a revenue of US $4 billion appx. in India of which city’s GDP in 2016-17. And supported 640,000 jobs, 7.3% of its total employment. The tourism sector is predicted to grow to more than $ 9 billion by 2026-27. Mumbai’s tourism industry accounted for more than 5% of India’s total travel and tourism GDP in 2016-17 and employed about 2.40% of the country’s total employment.

GEOGRAPHIC CONDITIONS OF MUMBAI

Mumbai has numerous Lakes for water supply. Mumbai city likewise has a waterway ” MITHI RIVER “. Pune, Nasik, and Surat are close-by urban areas inside 200 km.

Mumbai is a geographically ideal & perfect city to live in. Thousands of people from all over Maharashtra and India migrate for vast business opportunities in Mumbai. Due to superior infrastructure, education, and healthcare facilities in Mumbai, it has become the prime choice. It has opportunities for all kind of jobs and welcomes to all class and status of people. Mumbai is also capital of Maharashtra thus giving employment to thousands of people in the state and central government jobs.

Mumbai is the cosmopolitan city. Rail Road and Air are well connected to major cities in India. Local trains in Mumbai has 135 local stations in four major lines. The western line, The Central Line, The Harbour Line and the Trans-Harbour Line.

LAKES & HILL STATIONS NEAR MUMBAI

Mumbai has numerous Lakes for water supply. Mumbai city likewise has a waterway ” MITHI RIVER “. Pune, Nasik, and Surat are closeby cities within 200 km. Many hill stations are situated near Mumbai like Matheran, Khandala or Lonavala, Panchgani, and Mahabaleshwar. Therefore attracts more tourist than any other city. Another business opportunity is BOMBAY HIGH. This is an offshore oilfield operated by ONGC. Mumbai city is the first city in India to have the first airport and also first Railway system. Almost all countries have their High commissioners or Embassy in Mumbai.

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