- GDP growth: +$385 billion
- Population growth: +7 million
- Per capita GDP growth: $11,500
Mumbai, the commercial and financial capital of India, is not only the city with the highest GDP in India, it also ranks among the world’s top ten trade centres.
The city contributes 25 per cent of industrial output and 70 per cent of capital transactions to India’s economy.
The city accounts for about 1 per cent of the total population in India but has a per capita income which is almost three times that of India. Mumbai accounts for 14 per cent of India’s income tax collections and 37 per cent of the corporate tax collections in the country.