June 19, 2024

Bangalore – A Preferred Destination for Job Seekers

Bangalore has a viable and strong economy, which includes major industries, like earth-moving, light-weighted, textiles and high technology.

Although, there are various other public sector undertakings and textile sectors which are driving the city’s economy, but the main focus has now shifted to top-notch industries. Furthermore, the city has produced a good number of jobs in Bangalore, and as a result, people from different fields, are choosing the city to kick-start their careers. If you are also searching for a job in Bangalore, then this career guide would ease your hunt. In the following paragraphs, different booming sectors of the city have been explicitly covered.

Information technology (IT) sector

Fondly called the ‘Silicon Valley of India’, Bangalore is worldwide known for its vast IT cluster, where over 40% of India’s companies are situated. It means, the IT is the major employment generator sector in the city, which is producing over 2 lakh jobs. The IT sector of the city can be broadly classified under below heads-

1= Electronics City- Located in the southern outskirts of Bangalore, Electronics City is sprawling over 330 acres. Established in 1978, 3M, Hewlett Packard and Siemens are the major clients of the cluster.

2= Whitefield- This cluster is home to the International Tech Park and was formed in 1994. The Export Promotional Industrial Park (EPIP) situated in the cluster is offering campus facilities to major IT companies like Oracle, Dell, Unisys, Huawei, Perot Systems and Delphi. Flowserve, a subsidiary of Flowserve Corp (NYSE: FLS), has also decided to set up a manufacturing plant & R&D center in the EPIP Area.

There are various other IT parks in the city where top-notch multinational companies are situated. Below is the list of some of the leading IT companies located in the city-

1= Accenture
2= Yahoo
3= Intel
4= Deloitte
5= Lenovo
6= Cadence
7= Capgemini
8= Microsoft
9= IBM
10= Cognizant
11= Samsung
12= Oracle Corporation

Biotechnology sector in Bangalore

In the recent years, biotechnology sector in the city has witnessed an unsurpassed growth. Nearly 95% of the approximately 240 biotechnology companies of the nation are situated in the city. Moreover, the government is taking all initiatives to bolster the biotechnology policy. Advanta India and Biocon are two major bio-tech companies situated in the city.

Aerospace and aviation sector

Known as the aviation capital of India, Bangalore holds over 65% of the country’s aerospace business. There are various leading aerospace companies which have established their research & development centers in the city, including Boeing, Airbus, Goodrich, Dynamatics, Honeywell,GE Aviation and UTL. Headquartered in Bangalore, the Hindustan Aeronautics Limited (HAL) is also indulged in doing various research & development activities. Backed with knowledge & expertise of more than 10,000 employees, HAL is one of the leading public sectors in the city. Similarly, the National Aerospace Laboratories (NAL) is also having its headquarter in the city.

Manufacturing sector

There are various other heavy industries which have set up their business centers in the city. It includes heavy industries like Bharat Electronics Limited, Bharat Heavy Electricals Limited (BHEL), Indian Telephone Industries (ITI), Bharat Earth Movers Limited (BEML), HMT (formerly Hindustan Machine Tools), Hindustan Motors (HM) and ABB Group. These companies are producing a good number of job openings in Bangalore and as a result, the city has become a preferred destination for the automotive sector.

How much can you expect to earn?

Bangalore houses various multinational companies which offer both exciting salary packages and great career progression. To get a fair idea of the salary structure, let’s review some of the common job profiles. If you are a software engineer, then you can expect to earn Rs 438,741/annum. Similarly, as a mechanical engineer, you are eligible to earn an average salary of Rs 397,921/annum.