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The city houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations.It is also home to some of India's premier scientific and nuclear institutes like Bhabha Atomic Research Centre, Nuclear Power Corporation of India, Indian Rare Earths, Tata Institute of Fundamental Research, Atomic Energy Regulatory Board, Atomic Energy Commission of India, and the Department of Atomic Energy.The islands were later governed by the independent Gujarat Sultanate, which was established in 1407.

As the capital of the Bombay Presidency, the city witnessed the Indian independence movement, with the Quit India Movement in 1942 and The Royal Indian Navy Mutiny in 1946 being its most notable events.

The islands were leased to several Portuguese officers during their regime.

The Portuguese Franciscans and Jesuits built several churches in the city, prominent being the St.

Between the second century BCE and ninth century CE, the islands came under the control of successive indigenous dynasties: Satavahanas, Western Satraps, Abhira, Vakataka, Kalachuris, Konkan Mauryas, Chalukyas and Rashtrakutas, The Delhi Sultanate annexed the islands in 1347–48 and controlled it until 1407.

During this time, the islands were administered by the Muslim Governors of Gujarat, who were appointed by the Delhi Sultanate.

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