Why Mumbai?

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 Indian Rupee 4,000 crore (US$888 million) in corporate taxes.

As of 2009, Mumbai's GDP was Indian Rupee 919,600 crore (US$204.15 billion), and its per-capita income in 2009 was Indian Rupee 128,000 (US$2,840), which is almost three times the national average. Many of India's numerous conglomerates (including Larsen and Toubro, State Bank of India, Life Insurance Corporation of India, Tata Group, Godrej and Reliance), and five of the Fortune Global 500 companies are based in Mumbai. Many foreign banks and financial institutions also have branches in this area, with the World Trade Centre being the most prominent one.

Mumbai is the business & financial capital of India. All the major financial institutions, banks and stock exchanges are based in Mumbai. The head quarters or administrative offices of major business houses operate out of Mumbai.

The Chemicals, Petrochemicals, Process Plant Machinery and Automation Industry is present in Maharashtra and Gujarat thus making Mumbai the best location for hosting India Chem series of events.