Hint: From Kolis and Agris (Marathi fishing community in Stone age) to Portuguese controlled city, several rulers had ruled over the Bombay Presidency. The treaty of Bassein between the Portuguese and the Bahadur Shah of Gujarat was handed over to the Portuguese.
Bombay emerged as a capitalist city under the possession of colonial power. It was handed over to the British in the form of Dowry. It developed into a modern metropolis. After world war II, many transformations took place in the city, from lifestyle, food to the architecture of the city. Cinema and social clubs promoted mixed gathering and socialization. This led Bombay to evolve as a modern city. In the 1930s, the educated middle class of Bombay was seen as the growth of the city’s development. The art deco style of architecture made it look like a transformed city. It was the result of capitalist tourism. Between the two world wars, the city witnessed the growth of travel and tourism because of advancement in trade and architectural beauty. With time, the changes in cultural beliefs and sentiments were seen that resulted in the rise of the Indian business community. The language was not a barrier in business at the time.
Note: Indian businesspersons traveled to Europe and other parts of the world to grow their business. With these developments, the scope for innovation and creativity was also widened. In 1960, when two states, Maharashtra and Gujarat, were created based on language, Bombay was part of Maharashtra. In 1996, the city was renamed Mumbai from Bombay.