Mumbai Trade and Industry is of extreme significance to India's economy as Mumbai is the commercial and financial capital of India. Most of the joint stock companies and leading nationalized banks have their head quarters in Mumbai.
The cosmopolitan culture, coupled with the industriousness of the local people has helped Mumbai to emerge as the commercial headquarters of India. Mumbai city houses both Bombay and National Stock Exchanges. The headquarters of State Bank of India, India's leading commercial bank, Central Bank of India, another premier nationalized bank are in Bombay. Reliance, Tata, Godrej, Mahindra, all have their head offices in Mumbai.
Stock Exchanges in Mumbai
The stock exchanges in Mumbai control the share and holdings market of India. The two stock exchanges in Mumbai are:
The Bombay Stock Exchange - Established in 1875 as the 'Native Share and Stock Brokers Association', it was the first association to get Indian Government's recognition in 1956. This exchange in Phiroze Jeejeebhoy Towers, operates in 417 Indian destinations.
The National Stock Exchange - The first all-electronic stock exchange has its Indian Corporate Office in Exchange Plaza, Bandra (East), Mumbai.
Mumbai Banks
India's Central Bank, the Reserve Bank of India, has its
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head office in Shahid Bhagat Singh Road, Mumbai - 23. Apart from the Indian central bank many nationalized banks have their head offices in Mumbai. The important among these are:
State Bank of India - This leading commercial bank of India had the chairman's secretariat in 12, Nariman Point, Mumbai - 21.
Central Bank of India - Central Bank of India headquarters is in Chander Mukhi Building, Nariman Point, Mumbai - 400 021
Axis Bank - This bank promoted by Unit Trust of India has its central office in 131, Maker Tower F, Cuffe Parade, Mumbai - 400005
Bank of India - The head office of this bank is in Express Towers, Nariman Point, Mumbai - 400 021
Dena Bank - Dena Bank has its Corporate office in C-10, G block, Bandra Kurla Complex, Bandra East, Mumbai - 400 051.
Mumbai Limited Companies
Mumbai is also the headquarters of the leading limited companies in India. Some of these are:
Tata Consultancy Services - TCS is located in Air India Building, Nariman Point, Mumbai - 21
Tata Motors - This Tata company is located in Bombay House, 24, Homi Modi Street, Mumbai - 400 001
Reliance Energy Limited - Reliance Energy Limited, a Anil Dhirubhai Ambani Group Company is located in Mittal Court, 224, Nariman Point, Mumbai - 400 021
Reliance Communication - This Reliance Company is located in Navi Mumbai, Mumbai
Mahindra and Mahindra Limited - This Indian automobile giant has its corporate office in Mahindra Towers, G.M. Bhosle Marg, Worli, Mumbai - 400 018
Godrej Group - Godrej Group of companies have their head office in Godrej Bhavan, 4A, Home Street, Fort, Mumbai - 400 001
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