SME Cluster Series 2014 - Mumbai
  

Dun & Bradstreet - British Airways SME Cluster Series 2014 : Mumbai

 

About Mumbai

Mumbai, formerly known as Bombay and one of India’s largest metropolises in the world, is the capital of Maharashtra. Mumbai ranks as the most populous city in India and the fourth most populous city in the world, with an overall metropolitan area population of 20.5 million.

Mumbai is also the financial and commercial capital of India. It is among the top 10 centres of commerce in the world in terms of global financial flow, accounting for 5% of India’s GDP, 25% of industrial output, 70% of marine trade in the country (Mumbai Port Trust and Jawarharlal Port Trust), and 70% of capital transactions in the country’s economy.

A majority of the corporate and financial institutions have their headquarters at Mumbai. These include India’s leading stock exchanges, capital market, and commodity exchanges such as the Reserve Bank of India, the Securities and Exchange Board of India, the Bombay Stock Exchange, the National Stock Exchange of India, and the business headquarters of various Indian and multinational companies.

Mumbai also houses some of India’s leading scientific and nuclear institutes such as the Bhabha Atomic Research Centre, Nuclear Power Corporation of India Limited, Tata Institute of Fundamental Research, Atomic Energy Regulatory Board, and the Department of Atomic Energy.

Further, Mumbai is also the entertainment capital of India. The Hindi film industry, also known as ‘Bollywood’, along with the Marathi film and television industry is based in Mumbai.

This cosmopolitan city is home to multi religious places of worship such as the Siddhivinayak Temple, Haji Ali Mosque, Mount Mary’s Church, and the Mumba devi temple. It also houses historical monuments such as the Gateway of India, Elephanta Caves, and the Kanheri Caves.

Awards and Ranks

Geography

Mumbai is located on the western coast of India, in Maharashtra, between the latitudes of 18° 53’ & 19° 19’ North and longitudes of 72° 47’ & 72° 59’ East, as on 2010-11. Mumbai lies in the coastal region of Konkan and has a deep natural harbor. Mumbai stands on the Salsette Island, partly shared with the Thane district. The Arabian Sea adorns Mumbai’s shores.

Mumbai also known as Greater Mumbai comprises two regions, Mumbai City district and Mumbai Suburban district, forming two different revenue districts of Maharashtra.

The city district region is also known as the Island City or South Mumbai. It covers Colaba in the south to Mahim and Sion in the north. Nariman point lies at 18.9116° North, 72.8243° East. The geographical coordinates of Mumbai suburban district are 19°7’ 0” North, 72°50’ 0” East.

Mumbai, spreading from Colaba in the south to Mulund and Dahisar in the north, and Mankhurd in the east, is controlled by the Brihan Mumbai Municipal Corporation (BMC). The BMC is responsible for the civic and infrastructure requirements of Mumbai.

Mumbai spreads over a total area of 603.4 sq kms, out of which, the city district spreads over an area of 157 sq kms whereas the suburban district spreads over 446 sq kms.

Of this, the city district spreads over 67.79 sq kms and the suburban district spreads over 370 sq kms, totaling 437.71 sq kms, which comes under the charge of BMC. The other areas come under Defense, Mumbai Port Trust, Atomic Energy Commission, and Borivali National Park, which are out of the control of the BMC.

Demographic Indicators

Mumbai is the most populous city in the country. The overall urban population of Greater Mumbai comprising Mumbai city and suburbs as per Censes 2011 is 12.5 mn, accounting for 11% of the state population, with a male population of 6.8 mn and female population of 5.7 mn. Greater Mumbai spreads over an area of 603.4 sq kms.

Mumbai city district spreads over an area of 157 sq kms with a total population of 3.1 mn as per Census 2011, which has decreased from 3.4 mn as per Census 2001. Thus, there has been a drop in the share of the population of the Mumbai city district. In 2001, the average density was 21,261 persons per sq km, which has also reduced to 20,038 persons per sq km in 2011. Further, the literacy rate of city district has grown to 88.48% as per Census 2011 from 86.40% as per Census 2001.

Mumbai Suburban district spreads over an area of 446 sq kms. More then 70% of the city’s population lives in Mumbai suburbs. The growth in the suburban district with a population of 9.3 mn as per Census 2011 compared with 8.6 mn in 2001 largely drives the population growth in Greater Mumbai. In 2001, the average density was 19,373 persons per sq km, which has grown to 20,925 persons per sq km in 2011. Further, the literacy rate of Mumbai suburban stood at 90.90% (highest in the state) as per Census 2011, which has grown from 86.89% as per Census 2001.

Economic Scenario

Greater Mumbai, being the capital of the state, is the centre for various activities for Maharashtra, contributing significantly to the state’s economy.

Greater Mumbai comprising Mumbai City district and Mumbai Suburban district contributed ` 2,578 bn in terms of Gross District Domestic Product (GDDP) at current prices to Maharashtra’s Economy in FY12. On account of a robust Industry and Services sector, Mumbai has the largest share of 21.5% in FY12 in the state’s GDDP at current prices.

Greater Mumbai contributed 23% to the states economy in FY12 in terms of GDDP at constant prices. The GDDP of Greater Mumbai at constant prices stood at ` 1,813 bn during FY12, registering a CAGR of 17.9% during FY08-FY12.

Similarly, the net district domestic product (NDDP) at constant prices stood at ` 1,645 bn in FY12 registering a CAGR of 20.5% during FY08- FY12.

Further, Greater Mumbai is the richest region of the state, registering a per capita NDDP at current prices of ` 151,608 in FY12. The per capita NDDP at current prices also revealed a CAGR of 18.4% during FY08-FY12.

Infrastructure

Roads: The Road network in Mumbai (city + suburbs) is about 1,889 kms. The total number of motor vehicles on road in Brihanmumbai as on Jan 1, 2013 stood at 2.2 mn vehicles. Mumbai primarily is served by National Highway 3, 4, 8, 17, and 222 of the country’s National Highways system and Mumbai-Pune Expressway. The Mumbai-Pune expressway is India’s first six-lane, concrete, high-speed, tolled expressway. In 2009, India’s first cable stay, open sea bridge, the bandra-worli sea link, officially the Rajiv Gandhi Sea Link, became operational. The bandra-worli sea link along with Mahim causeway joins the city district to the western suburbs. The three primary roadways of Mumbai include Eastern Expressway highway from Sion to Thane, the Sion Panvel Expressway from Sion to Panvel, and the Western Express Highway from Bandra to Borivali.

Railways: Railway is the lifeline of the city’s public transportation with a network of 465 kms transporting 7.41 million passengers per day. Local rail network is the main mode of public transport in the city. Two zonal railways, the Western Railway (36 stations) and the Central Railway (62 stations) function and control the Mumbai suburban railway system. The Harbour line (38 stations) comes under the Central Railway. A fleet of 195 rakes (train sets) is used to operate 2,736 train services.

Mumbai Metropolitan Region Development Authority (MMRDA) has taken up many projects such as monorail, metro rail, construction of flyovers under Mumbai Urban Transport Project (MUTP), and Mumbai Urban Infrastructure Project (MUIP) to offer improved civic infrastructure as well as quality of life to residents. Mumbai Metro Rail project is the Public Rapid Transport System project being executed on Public Private Partnership (PPP) basis. Further, the Mumbai Urban Transport Project’s (MUTP) objective is to construct quality infrastructure to provide an efficient, safe and sustainable railway system in Mumbai suburban district.

Delhi Mumbai Industrial Corridor

It is a mega infrastructure project. The GoI’s strategy is to form a dedicated rail freight corridor of 1,483 km connecting Delhi and Mumbai. Adjoining the rail corridor would be Delhi Mumbai Industrial Corridor (DMIC), to increase investment climate and encourage the economic development of the region.

Ports: Mumbai Port Trust (MbPT) & Jawaharlal Nehru Port Trust (JNPT) at Nhawa-Sheva are both situated in Mumbai harbour. While Mumbai Port Trust has been operating for over a century, Jawaharlal Nehru Port Trust has since its inception in 1990’s emerged as a premier container handling port. MbPT and JNPT handled 43.6 mn tonnes and 45.9 mn tonnes of cargo traffic respectively during 2013 (up to December).

Airport: Mumbai has two airports - one international airport, The Chhatrapati Shivaji International Airport and Sahar/Vile Parle domestic airport, making Mumbai the second busiest airport in India in terms of passenger traffic. It handled 30.2 mn passengers and 635,163 tons of freight during FY13. Mumbai International Airport is among the Top 50 busiest airports in the world.

To decrease congestion at Mumbai International Airport, another airport has been proposed in four phases at Navi Mumbai with an estimated cost of about ` 145 bn. The total area reserved for airport development is 2,072 ha.

Education: Some of the renowned universities and colleges in Greater Mumbai include Mumbai University, Indian Institute of Technology (IIT), J.J. School of Arts, Jamnalal Bajaj Institute Of Management, K. J. Somaiya College Of Engineering, Vidya Vihar, Narsee Monjee Institute Of Management Studies Vile Parle, Victoria Jubilee Technical Institute (VJTI), S.P. Jain Institute of Management and Research, National Institute of Industrial Engineering, Institute of Chemical Technology, and Synthetic & Art Silk Mills’ Research Association among others. IIT in Powai in Mumbai is a part of India’s reputed network of engineering and technology institutions. IIT Mumbai has 13 departments and various centers for R&D.

The Key Technical Institutions in Mumbai City district include 13 Industrial Training Institutes (ITIs) and Industrial Training Centres (ITCs), 11 Universities and 6 colleges with potential for excellence. The Key Technical Institutions in Mumbai suburban district include 13 ITIs and ITCs, 12 Universities, and 6 colleges with potential for excellence. Greater Mumbai has 7 Centres of Excellence.

Industrial Scenario

Mumbai and its adjoining areas together form an important hub for trade and industry. Companies from various industries such as ITeS, chemical, pharmaceutical, textile, and other manufacturing entities, are located in and around Mumbai. Mumbai as an industrial center contributes significantly to the industrial growth of the state.

Mumbai ranks as the top Biotech city of India. Mumbai is a major biotech hub in the state. Mumbai is also a major petrochemical hub as well as a chemical hub for Maharashtra. Mumbai houses one of the major pharmaceutical manufacturing clusters in the state.

Mumbai is dominated by sectors such as Bio-tech, Banking, Pharmaceuticals and FMCG. Mumbai city district has one SEZ in Biotech. Some of the prominent companies in Mumbai city district include SBI, Glenmark, and Abbott among others.

The Mumbai suburban district is primarily dominated by the Gems and Jewelry sector. Mumbai suburban district has one SEZ in Gems and Jewelry and one MIDC zone (127.52 Ha.) in Marol. Gems and Jewelry clusters in the state are concentrated in various regions of Mumbai. Some of the prominent companies in Mumbai suburbs include Parle, TCS, and Nilkamal among others.

Across the entire auto industry’s value chain, engineering and research design is carried out in Mumbai along with assembly and supply of auto parts and marketing/export.

The private IT parks are mainly concentrated in Greater Mumbai with a total of 176 parks. Mumbai carries out activities of the entire value chain of Information Technology industry including research and development, product/software development, consulting, and outsourcing.

The State Government has launched a programme to establish industrial estates in areas other than MIDC on a co-operative basis. The State Government offers a portion of the share capital and technical guidance to form industries.

The following are some of the prominent large-scale industries/Public Sector Undertakings (PSUs):

1. Colgate-Palmolive (India) Ltd

2. Century Textile & Industries Ltd

3. Container Corporation of India Ltd

4. Gitanjali Gems Ltd

5. The Bombay Dyeing & Mfg. Co. Ltd

6. Pricewater House Coopers Pvt Ltd

7. The Supreme Industries Ltd

8. Sew Contructions Ltd

9. Star India Ltd; Asian Paints Ltd

10. Bharat Petroleum Corporation Ltd

11. Godrej Industries Ltd

12. Hindustan Petroleum Corporation Ltd (Refinery Divn)

13. Larson & Toubro Ltd

14. Pidilite Industries Ltd

15. Balaji Telefilms Pvt Ltd

16. Eros International Multimedia Pvt Ltd

Some of the prominent medium-scale enterprises include CMC Ltd, Directi Internet Solutions Pvt Ltd, Quinnox Consultancy Services Ltd, Indigo Jewelry India Mfg Pvt Ltd, and Shlok Media Pvt Ltd among others.