3.6a - Opportunities of living in Mumbai Flashcards
When was the rise of the service sector?
1980 onwards after the cotton and textile industry went into decline
Who did finance and IT services employ?
Highly skilled Mumbaikars
What did globalisation mean for Mumbai?
Companies began investing in Mumbai’s finance and IT industries, bringing more international migrants to live
What is the main opportunity for Mumbai?
Employment - everyone has a very good chance to earn money regardless of what their skill set is
What businesses does Dharavi have?
5000 small-scale businesses
15000 single-room businesses
How low can slum rents be in Dharavi?
200 rupees a month - affordable
Why do media companies give the people living in the slums access to TV dishes?
As they can earn a small amount of money from many people which means they are very profitable
How many people live in slums in Mumbai?
6 million - over 40% of the population