Its young, its lively and a confluence of varied cultural currents and cross currents have given Mumbai a unique position of the most multi-ethnic city of India. The capital city of Maharashtra State formerly known as Bombay lies in the southwestern part of India and occupies a peninsular site originally composed of seven islets lying off the KONKAN COAST of western India. Oozing with the cocksure self-confidence of a maverick moneymaker and "Bindass" (carefree) attitude, Mumbai is also country's financial and commercial hub and has a principal port on the Arabian Sea.