The city of
Mumbai
which is the capital of the western Indian state of Maharashtra is
widely regarded as the financial and commercial capital of India. This
city which is composed of seven islands is home to one of the world’s
largest urban populations and is a bustling, busy city where ‘business
is king’. In fact such is the business ethos of this city that scores
of migrants from all over country pour into Mumbai everyday in search
of gainful employment and a better standard of living.
Mumbai generates nearly 6.16% of India’s GDP and accounts for nearly
25% of India’s industrial output and 40% of its maritime trade as the
deep natural harbor of Mumbai hosts one of the oldest and most
important ports in India. Historically Mumbai’s booming economy owed
much of its growth to the city’s textile industry and its sea port but
now the major industries in Mumbai have diversified to include finance
and banking, diamond polishing, engineering, information technology and
services and healthcare. Mumbai is also home to the oldest stock
exchange in the country namely the Bombay Stock Exchange whose Sensex
Index is widely regarded to be the barometer of the Indian economy.
Aside from the Bombay Stock Exchange, Mumbai also hosts the Reserve
Bank of India, the National Stock Exchange and the corporate
headquarters of numerous major Indian companies like Larsen and Toubro,
the Tata Group of companies, the Godrej group of companies, the
Reliance Group of companies as well as the headquarters of various
foreign banks and multinational companies like Standard Chartered Bank,
Pfizer, Pricewaterhouse Coopers and many more. Mumbai is also the
entertainment hub of India as it is renowned as the home of the Indian
film Industry which is popularly referred to as ‘Bollywood’. Bollywood
in fact annually produces double the amount of movies that are produced
in Hollywood, home of the US film Industry though in recent times there
has been much close collaboration between these two leading film
industries of the world.
Mumbai is a city of extreme contrasts where the super rich live cheek
by jowl with some of the poorest people on earth and a testament to
this, is the area of Mumbai known as Dharavi. Dharavi is one of the
largest slums in Asia which was immortalized recently in the Oscar
wining movie ‘Slumdog Millionaire’ though apart from its filth and
squalor, Dharavi is also known for its spirit of enterprise as the slum
hosts nearly 15000 single room factories which are involved in
producing leather goods, textiles and pottery and also recycling waste
materials.
Over the last few decades as the Indian economy has liberalized and
become a part of the worldwide globalization phenomenon, Mumbai has
grown to be an important destination for the business traveler. The
main gateway to Mumbai for most travelers is its chaotic Chhatrapati
Shivaji International Airport which is currently being upgraded and
modernized. The city also has a well developed public transport system
but the network is old and stretched to capacity and most business
travelers who arrive for meetings or conferences in this teeming
metropolis choose to use the city’s network of private taxis or even
hotel provided pickups for their journey from the airport into the
city.
Mumbai is well equipped with a wide array of business hotels which are
located within close proximity to its two major business districts
namely the older established enclave of Nariman Point in South Mumbai
and newer business district of the Bandra Kurla complex which is
located in North Mumbai, close to the airport. Depending on where you
need to be based during your business trip to Mumbai you can opt to
stay at hotels like the Grand Hyatt, the Intercontinental Grand, The
Leela and ITC Grand all of which are located in North Mumbai or you
could head to South Mumbai and stay at hotels like the Taj Palace and
Tower Hotel, the Taj President or even the Trident.
If your company has a joint venture with an Indian company or if your
company is looking to make a foray into the Indian market then you or
your colleagues are bound to have to make business trips to Mumbai.
Travel to Mumbai from the US involves a long haul journey which usually
extends over 15 hours and the only way that you can arrive in Mumbai in
meeting ready shape is to book a seat in the business class cabin.
However
business class tickets to Mumbai
on nonstop flights or even one stop flights can cost anywhere upwards
of $3000 and the only way for you to keep a lid on these travel costs
is to partner with a business class travel specialist like the New York
City based travel management company Fare Buzz.
Fare Buzz is a leading supplier of
cheap business class flights.
Through its contracts with over sixty domestic and international
airlines Fare Buzz is able to procure cheap business class air fares to
nearly every worldwide destination. You can actually expect to have
savings of nearly 70% when you book your company’s business class
travel through Fare Buzz instead of regular channels. Moreover these
cheap business class airline tickets
come with all the perks that are normally associated with regular
business class tickets like mileage accrual and pre-assigned seats. So
don't wait any longer and call Fare Buzz at
1-800-847-1963 to procure the most competitive and affordable
business travel deal to the glitzy, glamorous but chaotic city of Mumbai today.