History of mumbai pdf
Mukesh mills owner!
Redevelopment of Mumbai mills
The redevelopment of Mumbai's cotton mills began in , when efforts began to demolish the numerous cotton mills that once dotted the landscape of Mumbai, India, to make way for new residential and commercial buildings, as part of the wider redevelopment and modernization of Mumbai.
The cotton mill era and its decline
The mills of Girangaon were once integral to Mumbai's economy, particularly during the British colonial period, when Mumbai (then known as Bombay) was often referred to as the "Manchester of the East".[1] However, with the development of newer industries in and around Mumbai, these mills ceased to be profitable, and fell into a state of disrepair.
Why did mumbai mills shut down
In the first half of the nineteenth century, India exported cotton to Britain, and then reimported the textile. In , the total textile import was valued at Rs. , However, the cost had escalated significantly by , when textile imports stood at Rs.
million. The impetus towards
