Yadvinder Rana
(Azimut)
“Considering the fact that India was never on the leisure boating map till the last three years, the response we are seeing in terms of number and quality of both participants and visitors means that India is now firmly in the sights of all leading boating brands.



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WHY MUMBAI
India Ahoy!
What do you call people who get away from work by cruising in the latest Ferretti 681, know the difference between a Coach and a Fendi and think piggy banks are quaint museum artefacts? Easy: new-age Indians! Take a bow India 2.0, home to a billion dreams that are daily racing to fulfillment astride Jaguars and Land Rovers. For those interested in checking out the economic sanctity and future of this spectacular story, here are a couple of samplers:

• The luxury goods market in India is slated to scale US$30bn by 2015, and the government is doing its bit in supporting this incredible growth by planning tax rationalising on luxe brands.

• India currently has 6,000 families with surplus funds to the tune of INR 120 crore and more than 20,000 families with INR 40-120 crore.* The Great Indian Family has never had it so good.
*(Source : DNA 14 September 2009)
DROPPING ANCHOR IN MUMBAI

With a population in excess of 12 million, Mumbai is said to have more millionaires per square mile than Manhattan. That apart, there are many more reasons why it makes sense for India’s largest boat show to dock in Mumbai:

• Mumbai is known as the ‘Gateway to India’ and is India’s commercial and business hub.

• Mumbai has a natural harbour with miles of sheltered coastline – great places to sail to.

• India’s financial capital Mumbai is the world’s seventh largest city in terms of billionaire population according to a Top 10 Billionaire City list by Forbes. With the average wealth of resident billionaires valued at a whopping $7.6 billion, Mumbai surpasses the other 9 cities, viz. Moscow, New York, London, Istanbul, Hong Kong, Los Angeles, San Francisco, Dallas and Tokyo.

• Mumbai is home to the highest number of corporate headquarters and is home to the scions of some of India’s largest private enterprises like the Tata Group, the Reliance Group, the Aditya Birla Group, etc.

• The city houses the mega-rich diamond, finance, IT and film industry. (Bollywood is the world’s largest film producing centre.)

• It has a strong boating heritage with the 3rd oldest yacht club in the world, the Royal Bombay Yacht Club, set up in 1846.

Organised by: Mumbai Boat Show Pvt. Ltd. Supported by: Government of Maharashtra