Economy
While originally Vile Parle consisted mostly of Marathi middle-class commuter families, over time the demography of this suburb has changed more toward upper-middle class Gujarati business families. Additionally, it has now become a major education center with the establishment and growth of a huge educational complex financed by the Vile Parle Kelavani Mandal. Thus, at all hours of the day you see a constant flow of students into and out of Vile Parle.
Kingfisher Airlines maintains its head office, the Kingfisher House, in Vile Parle. In 2012 Vijay Mallya was trying to sell the Vile Parle Kingfisher House.
One of the leading Indian confectionery and biscuit manufacturers, Parle Products (now split into Parle Products, Parle Agro and Bisleri) was started in Vile Parle. There is still a factory in Vile Parle East and it is commonly known as Parle Biscuit Factory. Vile Parle also houses the Garware plastics factory. Many prominent IT companies including the headquarters of I-Flex, whose owner is Deepak Ghaisas, as well as other companies are situated in Vile Parle.
One of the best hospital in Mumbai, Dr. Balabhai Nanavati Hospital is in Vile Parle which was inaugurated by Jawaharlal Nehru in November 1950 and opened in May 1951
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“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
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