If people are inclined towards agriculture, it creates small-scale industries. If people are interested in production, it creates manufacturing industries. If the business is attracting people, it creates finance and service industries. Agriculture, manufacturing and finance are developing equally in India. So, India is a mix of cultural and cross-cultural people. Mumbai being the financial capital of India attracts professionals from other cities to work there. The general thought is that South India is for the IT industry and North India is for the finance Industry. The Industries occupying the landscape decide the professions of the city. Apart from agriculture-related jobs, industries are guiding people towards education. The topics put forth questions like the education system, lifestyle and opportunities of the people living in North and South. GST tax is more in cities where there is high consumption. Mumbai and Chennai are the cities with top GST payments. Financial industries are more in places where there is money circulation. Apart from money, the other factors of attraction are discussed in this blog.
Differences in the education system of North and South:
South India has more literacy than North India. Colleges are comparatively high in South India than in North India. Hyderabad has more research centres and educational institutes. The national geographic magazine awarded Hyderabad as one of the top three smartest cities in India. Uttar Pradesh is located in North India. This state has a literacy rate of 58 per cent. Hyderabad records the literacy rate as 70 per cent. North Indians are rich and interested in doing business. South Indians are highly educated and rich. The lifestyle factors are also a reason for the difference in the performance level of students from North and South India. South India has popular universities and Institutes like Anna University and IIT, Madras. South India operates around 52 universities and Institutes with standard education and research facilities. In North India, BITS Pilani University and IIM, Calcutta are institutions with national importance and acceptance. There are around 52 universities in North India. The workforce and educational qualification in South India makes them a dominating force.
Differences in the lifestyle of North and South Indians:
South India is rich in cultural activities and belief systems. South Indians use Ayurveda as a natural remedy for diseases. A healthy lifestyle includes food, medicine and family responsibilities. South Indians insist on natural food, and medicine and are more inclined towards family responsibility. The lifestyle also adds to the success of the next generation. North Indians believe in celebrating life with parties and festivals. North Indians are a people-oriented community. They love to communicate and build relationships with people around them. South Indians believe in culture and moral values. North Indians believe in money and relationships. The belief system separates the two communities. The skills are the same for a doctor, engineer and auditor, the difference is with the interest. The interest comes from lifestyle and experiences. South Indians get along with technology-oriented jobs and North Indians are good in the finance profession.
Opportunities in North India:
Mumbai city is having notable banks and financial institutions. The headquarters of SBI, RBI and other banks are in Mumbai city. The population is high, and business dominance creates more competition in the corporate world. Prominent big four firms Deloitte, PwC, and EY are in Gurgaon. Delhi has international banks. The notable management colleges in Delhi are the international management institute, FORE School of Management Amity University Noida, Indian Institute of foreign trade, and New Delhi Institute of Management. Kolkata is next to Mumbai and Delhi. The city has government and private banks. The professionals working in the finance industry encourage management and auditing professionals. Pune is the city that attracts financial talent and uses it for top players such as UBS, Bank of New York, Barclays, and others.
Opportunities in South India:
The major industries in Chennai are banking and finance, automobiles, medical tourism, garment and textiles, entertainment industry, software services, small-scale industry, electronics hardware and food and beverages. Hyderabad has top giant business players such as Facebook, Google, and Microsoft Office. The banking sector offers a wide range of opportunities to finance professionals. Bangalore houses professionals to run heavy industries, telecommunications, aerospace, information technology, pharmaceuticals, biotechnology, electronics, food processing, automobiles, cement production, finance and banking, mining, and steel production. Bangalore is referred to as the Aviation monopoly capital of India. The different financial services companies in India are banking, trading, mutual funds, taxation and insurance.
Final Words:
North and South India operate with top companies and attract talent from Indian residents. South India prioritises internal development, and North India has a link with the international market. Internal and external development are the two phases of economic development. North Indians prefer independent work and social life. The finance industry attracts people over there. The reason is the nature of the job and benefits. The monetary benefit is the first point that attracts the students. The nature of the job is the second point that drags the professionals towards medical, technical and finance jobs. The Industries form the infrastructure and lifestyle of the people living there. North India is dealing with international trade and financial operations. So, students from north India prefer to indulge in financial courses. CA, CMA, ACS, MBA, ACCA, CPA and CFA are the wide range of courses offering financial knowledge to students.