Mumbai vs Punta Arenas

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Mumbai (English: , Marathi: [ˈmumbəi]; formerly known as Bombay , the official name until 1995) is the capital city of the Indian state of Maharashtra. According to the United Nations, as of 2018, Mumbai is the most populous city in the country and the seventh-most populous city in the world with a population of roughly 20 million. As per Indian government population census of 2011, Mumbai is the most populous city in India with an estimated city proper population of 12.5 million living under Municipal Corporation of Greater Mumbai. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million. Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities in India. Mumbai is home to three UNESCO World Heritage Sites: the Elephanta Caves, Chhatrapati Shivaji Maharaj Terminus, and the city's distinctive ensemble of Victorian and Art Deco buildings.The seven islands that constitute Mumbai were originally home to communities of Marathi language speaking Koli people. For centuries, the islands were under the control of successive indigenous empires before being ceded to the Portuguese Empire and subsequently to the East India Company when in 1661 Charles II of England married Catherine of Braganza and as part of her dowry Charles received the ports of Tangier and Seven Islands of Bombay. During the mid-18th century, Bombay was reshaped by the Hornby Vellard project, which undertook reclamation of the area between the seven islands from the sea.

Along with construction of major roads and railways, the reclamation project, completed in 1845, transformed Bombay into a major seaport on the Arabian Sea. Bombay in the 19th century was characterised by economic and educational development. During the early 20th century it became a strong base for the Indian independence movement. Upon India's independence in 1947 the city was incorporated into Bombay State. In 1960, following the Samyukta Maharashtra Movement, a new state of Maharashtra was created with Bombay as the capital.Mumbai is the financial, commercial, and the entertainment capital of India. It is also one of the world's top ten centres of commerce in terms of global financial flow, generating 6.16% of India's GDP, and accounting for 25% of industrial output, 70% of maritime trade in India (Mumbai Port Trust and JNPT), and 70% of capital transactions to India's economy. Mumbai has the eighth-highest number of billionaires of any city in the world, and Mumbai's billionaires had the highest average wealth of any city in the world in 2008. The city houses important financial institutions 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. The city is also home to Bollywood and Marathi cinema industries. Mumbai's business opportunities attract migrants from all over India.

Source: Wikipedia

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Punta Arenas (Spanish pronunciation: [ˈpunta aˈɾenas]; historically Sandy Point in English) is the capital city of Chile's southernmost region, Magallanes and Antartica Chilena. The city was officially renamed as Magallanes in 1927, but in 1938 it was changed back to "Punta Arenas". It is the largest city south of the 46th parallel south, and at the same time the most populous southernmost city in Chile and in the Americas, and due to its location, the coldest coastal city with more than 100,000 inhabitants in Latin America. It is also one of the most populous sites so far south in the world. As of 1977 Punta Arenas has been one of only two free ports in Chile, the other one being Iquique, in the country's far north. (Punta Arenas itself is not a "free port": outside the city there is a "zona franca" where certain products can be imported into the country under a reduced-tax regimen.) Located on the Brunswick Peninsula north of the Strait of Magellan, Punta Arenas was originally established by the Chilean government in 1848 as a tiny penal colony to assert sovereignty over the Strait.

During the remainder of the 1800s, Punta Arenas grew in size and importance due to the increasing maritime traffic and trade travelling to the west coasts of South and North America. This period of growth also resulted from the waves of European immigrants, mainly from Croatia and Russia attracted to the gold rush and sheep farming boom in the 1880s and early 1900s. The largest sheep company, controlling 10,000 square kilometres in Chile and Argentina, was based in Punta Arenas, and its owners lived there. Since its founding Chile has used Punta Arenas as a base to defend its sovereignty claims in the southernmost part of South America. This led, among other things, to the Strait of Magellan being recognized as Chilean territory in the Boundary treaty of 1881 between Chile and Argentina. The geopolitical importance of Punta Arenas has remained high in the 20th and 21st centuries because of its logistic importance in accessing the Antarctic Peninsula. Since 2017, the city and its region have their own time zone: they use summer time during the whole year (UTC−3).

Source: Wikipedia