What Are The Opportunities Living In Mumbai? Flashcards
The change of the main sector
Through the 20th Century the main sector was the manufacturing sector
After the 1980’s there was decline in these industries so the main sector was the service sector
What did the highly skilled people do in the service sector?
Fiancé and IT services
Globalisation meant TNCs invested in Mumbai’s finance and IT industries, which bought more international migrants
What did the low skilled people do in the service sector?
These ppl were the majority of the population
They provided services to other Mumabai residents
Eg taxi drivers, cleaners, hairdressers
What is the main reason for migration in Mumbai?
Employment
Especially RUM
Unemployment rates are much lower than rural parts of the country
What is the biggest slum in Asia?
Dharavi
What is Dharavi location?
What is the population?
Sanvched between two railways
1 Million in an area of 1.5 km 2
How many small- scale businesses are in Dharavi and altogether how much do they make annually?
5000 businesses
350 million per year
What are the opportunities for businesses?
There are more ppl to cater for so allows a larger market to run. More business opportunities.
Eg ppl in slums also have tv but usually they cannot afford these
But a business found an opportunity to make cheap antenna so even poor can afford them creating a large profit.
Also, a large amount of poor ppl is attractive as TNCs can have factories there and exploit them for cheap labour