Mumbai
India
GOVERNMENTAL DESTINATION
General information
Mumbai, formerly known as Bombay, is the financial, commercial, and entertainment capital of India. As one of the largest and most cosmopolitan cities in India, Mumbai is home to major financial institutions, corporate headquarters, and consulates, making it a crucial hub for business and international relations. With its strategic location on the western coast of India and its thriving economy, Mumbai plays a significant role in regional and global commerce. Mumbai is known for its economic dynamism, cultural diversity, and strategic importance in international business and diplomacy.
Testimonials
Narendra Modi, Prime Minister of India: 'Mumbai is the engine of India's growth, driving our economy and connecting us with the world.' (Source: Make in India Week 2016)
Christine Lagarde, President of the ECB: 'Mumbai is at the forefront of global economic discussions, setting the stage for future cooperation.' (Source: World Economic Forum's India Economic Summit)
Ratan Tata, Chairman Emeritus of Tata Sons: 'Mumbai is the heart of India's commerce, a city that embodies the spirit of entrepreneurship and resilience.' (Source: Global Economic Summit 2019)
Importance of the GITT sector
Mumbai is a key player in global business and international diplomacy, regularly hosting high-profile business summits, international forums, and diplomatic meetings. The city is a primary destination for leaders and delegations to engage in discussions on economic, financial, and security issues.
Diplomacy and institutions
Mumbai is home to more than 40 consulates, including the United States Consulate General and the British Deputy High Commission, both of which play significant roles in diplomatic and commercial relations. The city also hosts offices of major international organizations such as the World Trade Organization (WTO) and the International Finance Corporation (IFC).
Rail and conections
Mumbai has an extensive transport network, including the Mumbai Suburban Railway, which connects various parts of the city and surrounding regions. The city also offers a wide range of private transport options, including taxis, ride-hailing services, and chauffeured cars, to meet the needs of government officials and visiting dignitaries.
Airports
Mumbai is served by Chhatrapati Shivaji Maharaj International Airport (BOM), one of the busiest airports in India, handling both commercial and private flights. The airport provides extensive services for VIP and diplomatic passengers, ensuring smooth and secure travel for international delegations.
Venues
Mumbai offers premier venues for government and institutional events, including the Bombay Exhibition Centre and the Taj Mahal Palace Hotel, both equipped with modern amenities and high security measures, making them ideal for hosting significant international events.
Economic, social and cultural impact of the sector on the destination
According to the Maharashtra Tourism Development Corporation (MTDC), government and institutional events in Mumbai contribute approximately 30% of the city's total event-related revenue. This impact is crucial for sectors such as hospitality, tourism, and transportation, driving economic growth and fostering international cultural exchange.
Governmental events
Mumbai has hosted key international events such as the World Economic Forum's India Economic Summit (annually), the Make in India Week (2016), and the Global Economic Summit (2019), demonstrating its capacity to facilitate significant business and economic discussions.
Sustenability and RSC
Mumbai is committed to sustainability, with initiatives promoting green building practices, renewable energy use, and waste management in venues hosting large-scale events, ensuring environmentally responsible practices.