Mumbai formerly known as Bombay, is the capital city of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the World, with a total metropolitan area population of approximately 20.5 million. Along with the neighbouring urban areas, including the cities of Navi Mumbai and Thane, it is one of the most populous urban regions in the world. Mumbai lies on the west coast of India and has a deep natural harbour. In 2009, Mumbai was named an Alpha world city. It is also the wealthiest city in India, and has the highest GDP of any city in South, West or Central Asia.
Mumbai is India's largest city (by population) and is the financial and commercial capital of the country as it generates 6.16% of the total GDP. It serves as an economic hub of India, contributing 10% of factory employment, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India's foreign trade and INR4,000 crore (US$728 million) in corporate taxes.
Most of India's major television and satellite networks, as well as its major publishing houses, are headquartered in Mumbai. The centre of the Hindi movie industry, Bollywood, is the largest film producer in India and one of the largest in the world as well as centre of Marathi Film Industry. Along with the rest of India, Mumbai, its commercial capital, has witnessed an economic boom since the liberalisation of 1991, the finance boom in the mid-nineties and the IT, export, services and outsourcing boom in 2000s.
Mumbai's culture is a blend of traditional festivals, food, music and theatres. The city offers a cosmopolitan and diverse lifestyle with a variety of food, entertainment and night life, available in a form and abundance comparable to that in other world capitals. Mumbai's history as a major trading centre has led to a diverse range of cultures, religions and cuisines coexisting in the city. This unique blend of cultures is due to the migration of people from all over India since the British period.
Mumbai residents celebrate both Western and Indian festivals. Diwali, Holi, Eid, Christmas, Navratri, Good Friday, Dussera, Moharram, Ganesh Chaturthi, Durga Puja and Maha Shivratri are some of the popular festivals in the city. The Kala Ghoda Arts Festival is an exhibition of a world of arts that encapsulates Works of artists in the fields of music, dance, theatre, and films. A week long annual fair known as Bandra Fair, starting on the following Sunday after 8 September, is celebrated by people of all faiths, to commemorate the Nativity of Mary, mother of Jesus, on 8 September.
Cricket is one of the most popular sport in the city. Due to a shortage of grounds, various modified versions (generally referred to as gully cricket) are played everywhere. Mumbai is also home to the Board of Control for Cricket in India (BCCI) and Indian Premier League (IPL). The Mumbai cricket team represents the city in the Ranji Trophy and has won 39 titles, the most by any team. The city is also represented by the Mumbai Indians in the Indian Premier League.
The city has two international cricket grounds, the Wankhede Stadium and the Brabourne Stadium. The first cricket test match in India was played in Mumbai at Bombay Gymkhana. The biggest cricketing event to be staged in the city so far is the final of the 2011 ICC Cricket World Cup which was played at the Wankhede Stadium. Mumbai and London are the only two cities to have hosted both a World Cup final and the final of an ICC Champions Trophy which was played at the Brabourne Stadium in 2006.