@Jeeva Jeeva
Multithreading Programming Model and MapReduce Programming Model are based on fundamentally different principles and both are meant to solve different kinds of data storage and processing problems. Multithreading is based on Parallelization of Processing where as Hadoop takes power by Parallelization of Data.
If you assume that the Hadoop ecosystem is only MapReduce and Spark batch, then your understanding is correct . However, the ecosystem includes also real-time streaming tools like Apache Storm which uses multi-threading. However, modern tools handle all these programmatic needs for multi-threading by architecture/design. Their focus is scalability by architecture and design and less by laborious programming efforts.
References:
http://www.michael-noll.com/blog/2012/10/16/understanding-the-parallelism-of-a-storm-topology/
https://www.safaribooksonline.com/blog/2014/01/06/multi-threading-storm
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