Solution :BOMBAY’S HISTORY
- Previously, Bombay was a conglomeration of seven islands highly influenced by Portuguese.
- In 1661, the East India Company relocated its headquarters from Surat to the Western Court of Bombay, after gaining authority from the Portuguese as a result of the marriage of a Portuguese princess to King Charles II of England.
- Initially, Bombay was a major exporter of cotton from Gujarat, but in the nineteenth century, it became a major port from which unrefined resources such as cotton and opium were shipped to Britain. It had grown into a large contemporary community by the end of the nineteenth century.
- In 1819, Bombay became the capital of the Bombay Presidency, and the growth of exchange cotton and opium drew in a slew of brokers and financiers.
- In 1921, Bombay had 85 cotton factories employing roughly 1,46,000 workers, of which just a fourth were Ratnagiri residents and the rest were from far away.
- By the mid-twentieth century, Bombay had absorbed India’s marine commerce and served as the junction point for two major railways.
BOMBAY, NOW CALLED MUMBAI, HAS THE FOLLOWING STATUS:
- It is India’s largest and most densely populated metropolis, as well as the country’s commercial and financial capital. It is now referred to as India’s Fashion Capital.
- It is associated with the film industry and is also known as Mayapuri, which means “the city of riches.”
- It also attracts people from all around India these days, thanks to its style of life, the entertainment industry, and Mumbai’s growing industrialisation.
- Because Mumbai attracts people from all around India, its real estate market continues to expand.