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Mumbai, India & Globalization

Mumbai, India & Globalization.
How Free Market Economy Affects the Poor.
Raihan Amin
Strayer University
 
A non-resident Indian, traveling from the USA to Bombay, who runs a travel company marketing trips for well-to-do Americans of an older age group; people, he says “who have done everything else.” His company works with Taj Continental Hotels, and he admits that those he conveys to and from India have no real contact with the country, “but they think they have done something daring and different...” His brochure shows Fort Aguda, in Goa, the Lake Palace in Udaipur. The plague in October 1994 killed the season stone death. He says “Americans know nothing. They can’t believe it when they find Coke in India; they think they’re going into outer darkness, a place of disease, poverty and squalor. Well, they are, but they never see it, so they go home thinking India is wonderful, from air-condition coach, five star hotels. I’m selling illusions, if you like, but who isn’t?”
-From In the Cities of the South: Scenes from a Developing World by Jeremy Seabrook

Bombay was discovered in the early 1500s by Portuguese traders as a commercial port and was named Boa Bahia, meaning Good Bay. The name was later corrupted and eventually anglicized by British Colonialists to Bombay. In 1995, four years after the city’s doors were open to the global market, the city’s name was changed to Mumbai. Mira Kamdar, the author of the article “Bombay/Mumbai: The Postmodern City” writes, “Bombay is no longer Bombay. The official name of the city is now Mumbai, after a local female deity whose distinguishing characteristic is the lack of mouth” (1997, p.75)
Textile Mills
Bombay’s location on the Arabian Sea on the western coast of India made it a formidable trading post and a key point of commerce to the British East India Company, making it the “Jewel in the Crown” of the British Empire. During the industrial revolution India became curtail for British textile manufacturing. Sujata...