Mumbai has a lot of manufacturing units and offices for many companies. Mumbai being the financial capital of the country has base for many companies in almost all the sectors. There are companies in:
1. Manufacturing
2. Hospitality
3. Event Management
4. Banks
5. Media and Communication
6. Financial Companies
7. Software companies
8. Trade Houses
9. Gems and Jewellery Companies
10. Power, Power Distribution
11. Oil Refineries
12. Shipping and Export Companies
13. Educational Companies
14. Infrastructure companies
15. Hotels and Event Management Company
16. Mines and Minerals
Mumbai is the financial hub and is definitely going to become global financial hub. In terms of location, Mumbai is well situated in terms of time zones, with an overlap of about few hours with London, and being able to communicate with all of Asia and Europe throughout the trading day. The country’s sound foundations of freedom of speech, democracy, and rule of law are another advantage. Also, India’s human Capital has helped a lot is making these places a financial hub. The country’s sound foundations of freedom of speech, democracy, and rule of law are another advantages. But to become a global financial hub it has to overcome some of the hurdles. The two strategic weaknesses of finance are `missing’ markets for debt, currency and derivatives, and the inadequate universe of institutional investors. A global hub requires a full range of traded instruments, with high levels of liquidity, with all prices being linked up to each other through arbitrage.
Mumbai also has many Manufacturing and Services Companies. It has prospered as a manufacturing and a service centre because of its good connectivity, availability of Skilled manpower, availability of ports, availability of funds and conducive government policies.
Most of the developments and establishments are now happenings in Sub-urban areas, like – Navi Mumbai due to unavailability of land/space in the main town areas.