Question

why is the city Mumbai important for industries?



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Answer 1

Answer:

The city is one of the world's top centers of commerce in terms of financial flow. It is also home to important financial institutions, such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, and corporate headquarters of many Indian companies and multinational corporations.

Explanation:

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Answer 2

textile industry

Taking all three sectors into consideration, the textile industry is the largest industry in India. It accounts for around 20 percent of the industrial output and also provides employment to over 20 million individuals. Further, it contributes around 33 percent of the total export earnings.

It is also popular for bombay high industry of petrol from under the sea