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Delhi is DC - capital of the country, lots of politicians and bureaucrats. Also spread out quite a bit and with lots of impressive historical and government buildings.

Mumbai is LA and NYC sort of combined - entertainment capital (Bollywood) and financial capital (main stock exchange, banks, Dalal street (equivalent of Wall Street). Also like NYC, cramped with lots of skyscrapers.

While I can't speak for Delhi, Mumbai is closer to the "NY of India" and attracts young people in the same way

If we are going to compare cities

Mumbai == LA (Film Industries) Delhi == NY (Not much to support this but the Rude people stereotype)

Not really, the financial center of India is Mumbai. Bombay Stock Exchance is in Mumbai, as its name implies. You could say the Wall Street of India is in Mumbai.

Anyway, I'm not sure it would make sense to make these comparisons.

Nah. Mumbai has stock exchanges (BSE and NSE), banks and financial institutions, ports, the TV, music, and fashion industries. It's far more similar to NYC than New Delhi is.

Bollywood == Mumbai