DAV PUBLIC SCHOOL, DVC, MTPS,

BANKURA, WEST BENGAL

ASL – PROJECT PORTFOLIO

NAME- ABHIK KUMAR MAJI

CLASS – XII (SCIENCE)
ROLL NO –
REG NO –
SESSION- 2022-23
 Shanghaization of India

SHANGHAIZATION OF INDIA
AN APPROACH TOWARDS SOCIO-
ECONOMIC DEVELOPMENT OF INDIA

“No country is ever successful in the long term

without a really strong and vibrant manufacturing
base.”
-Alan Mulally

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 Shanghaization of India

OBJECTIVES AND GOALS

One of the most important assets of a

country is its factories. Industries
contributes significantly towards the GDP
of that country as well as its overall
development. It generates revenue and at
the same time employment for many.
Shanghai, a small city of China is the best
example of industrialization. It is one of
the most developed cities of the world.

The objective of this project is to

understand how the Shanghai model of
China could be implemented in India in its
business capital - Mumbai and what are its
geographic scope of implementation.

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 Shanghaization of India

CERTIFICATE OF COMPLETION

This project titled “SHANGHAIZATION OF

INDIA” has been carried by the guidance and
instructions of Mrs. Sreeparna Banerjee Roy
(mentor and guide)

______________
Mentor and Guide

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 Shanghaization of India

ACTION PLAN

The entire project has been fulfilled

following different steps and consultations
with teacher, experts, peers and internet.
The project aims at achieving a clear
understanding of the topic
“Shanghaization of India” and its impact
on the socio- economic development of
India. For the project, I searched for
various information on the internet and
books and carried out several studies and
interviews and came to know about the
opportunities and challenges for
Shanghaization of India and its impact on
people’s life.

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 Shanghaization of India

MATERIAL EVIDANCE

Outline map of Shanghai

Outline map of a leading industrial zone- Mumbai

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PROJECT ESSAY

In recent years, Shanghai has increasingly

shaped the perceptions of how China is
viewed within as well as outside the country.
It is viewed as a symbol of a “rising China."
Nowhere in the world have people been so
obsessed with Shanghai than in Mumbai, the
business capital of India, where intellectuals,
planners, as well as common residents are
preoccupied with the question of
transforming Mumbai into Shanghai. The
focus of the recent national and urban policy
in India has been to technically restructure
Mumbai’s city space in order to make it
“world class” and to transform the city into an
“international financial centre”. This is
referred to as Shanghaization in reference to
Shanghai as the preferred developmental
model.

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 Shanghaization of India

The Shanghai rhetoric was first articulated by

the Prime Minister of India, Mr. Manmohan
Singh, in October 2004 in a state election
speech when he said:
When we talk of a resurgent Asia, people think of
the great changes that have come about in
Shanghai. I share this aspiration to transform
Mumbai in the next five years in such a manner that
people would forget about Shanghai and Mumbai
will become a talking point…I have a dream that we
can do it. I believe we can become number one
through modernization, expansion, and
development and make Mumbai the number one
city in our country.
Parallels between Shanghai and Mumbai:
 Port cities:
The “Asian urban connection” stretches
far back in history to the thirteenth
century precolonial maritime trade routes
extending from the Red Sea to the South
China sea and constituted by mobile
merchant communities of Asia constituted
by the Chinese, Indian, and (Baghdadi)
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 Shanghaization of India

Jews involved in long-distance credit

networks. Both Shanghai and Bombay
historically were fishing hamlets which
evolved as premier port cities in the mid
nineteenth century. As port cities, they
served the function of “gateway cities” in
the context of the colonial trade and both
have remained, for most part, their
respective country’s preeminent cities.
The initial impetus of growth in both the
cities had occurred primarily due to
British-led colonialism, or quasi-colonial
“treaty-port system” in the case of
Shanghai.
 Immigrant cities:
Both Shanghai and Mumbai are also
immigrant cities whose growth as
industrial centres has attracted
considerable international (particularly in
Shanghai) and regional migration. What is
interesting to note is that in both these
cities immigrant merchant families played

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 Shanghaization of India

a very important role in their initial

development.
 Financial centres:
Both Shanghai and Bombay/Mumbai have
emerged as key financial centres in their
respective countries due to historical and
geographical factors.

The Shanghai Model of Development

 PROS: -
1. Fast Growth
2. Significant increase in GDP
3. Strengthening Global Relations
4. Generating Employment
5. Self sufficiency
 CONS: -
1. Anti-rural bias of economic policies
2. Biased liberalization favouring foreign
capitalists
3. Jobless Growth
4. Anti-poor growth
5. Ecologically unsustainable

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 Shanghaization of India

Why is the model still appealing?

If we have seen so far that the Shanghai
model of development is anything but
comprehensive, just, equitable, and
economically and ecologically sustainable,
why is it still appealing to people within
and outside China, especially Mumbai?
There can be several explanations for this.
 Shanghai: a symbol of high-modernity and a
“resurgent Asia”
 The political dimension
 The ideology of fast-growth
 GDP growth rates and the tyranny of numbers

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CONCLUSION

We can now conclude that Shanghaization

is one of the most important steps
towards socio-economic development of
India. It will bring about a drastic change
in the present economic structure and
make a gradual increase in the GDP
contributing towards economic growth of
the country. This would open scope for
development of Indian companies and
attraction of foreign capitals. Increased
employment opportunities are also
promised by the China based
development model. Thus, if this model is
implemented and it becomes successful,
India will become a Socio-economic
superpower in the near future.

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 Shanghaization of India

DATA ANALYSIS

The GDP% growth comparison shows that GDP growth

per year is more in Asian countries including China and
India than in advanced economies like US and UK.

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 Shanghaization of India

BIBLIOGRAPHY
 YouTube
 Article on Shanghaization
https://www.ideals.illinois.edu/item
s/45389
 GDP% Data
https://data.worldbank.org/indicato
r/NY.GDP.MKTP.KD.ZG

https://www.imf.org/external/data
mapper/NGDP_RPCH@WEO/WEO
WORLD/ADVEC/DA

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