Friday, March 14, 2008

Changes in Madurai

What are NRMs thinking right now??

As I have mentioned before I refer NRMs for Non-Resident Maduraiites - please refer this back.
NRMs live outside Madurai, for various purposes - but mainly job/money/personal reasons. The location could be inside India or outside India as well.

NRMs outisde India might have more money than other major population of residents. Considering the wealth, NRMs would be wondering about buying lands in madurai, properties in madurai, commercials buildings in madurai.

The NRMs would not stop over there. They would buy businesses - start businesses.
Trade in, Start dealerships, franchisees, agents, brokers. Every NRM will try to make money out of the hype, boom in madurai.

This will be the same, in terms of thoughts of residents of Madurai.

However, when I think about my close friend, who is just an auto mechanic. He repairs scorpio and other SUVs.
He works for a private concern in Madurai, near Bye-pass road. He earns about Rs.3000 per month.
Considering the changes happenning in Madurai, what will happen to the financial future of my auto mechanic friend??

I am sure he is not going to get huge hike, because industry is growing. However, I think the auto company will get much more business than before, due to increased population. Even though auto company grows, it does not mean that the company is going to hike his salary.

But as per the economic cycle(science) and rule, auto company has to increase the salary, in order to be par with other competitors, otherwise the employee might go away to some other company.

Above all, I believe it should be a slow and steady growth for everyone. If it happens to be a growth for only a particular group of people, then it is going to be a problem.

Labels: , ,

0 Comments:

Post a Comment

<< Home