Ihab Salloum[ad_1]
Bangalore, the thriving hub of major industries such as earth-moving, light-weighted, textiles, and high technology, boasts a strong and viable economy.
While other sectors like public undertakings and textiles have played a significant role in driving the city’s economy, the focus has now shifted to top-notch industries.
This shift has resulted in an abundance of job opportunities in Bangalore, attracting individuals from various fields to kick-start their careers in the city. If you’re also on the lookout for a job in Bangalore, this career guide will serve as a valuable resource. The following paragraphs provide explicit coverage of the booming sectors in the city.
Information technology (IT) sector
Nestled in the heart of Bangalore, fondly known as the ‘Silicon Valley of India,’ lies a vast IT cluster housing over 40% of the country’s companies. This sector stands as the city’s major employment generator, creating over 2 lakh jobs. The IT sector in Bangalore can be broadly classified as follows:
1. Electronics City: Sprawling over 330 acres in the southern outskirts of Bangalore, Electronics City was established in 1978 and counts 3M, Hewlett Packard, and Siemens among its major clients.
2. Whitefield: Home to the International Tech Park and formed in 1994, Whitefield encompasses the Export Promotional Industrial Park (EPIP), providing campus facilities to top IT companies like Oracle, Dell, Unisys, Huawei, Perot Systems, Delphi, and Flowserve. Flowserve, a subsidiary of Flowserve Corp., has recently decided to set up a manufacturing plant and R&D center in the EPIP Area.
Other prominent IT parks in the city house multinational companies. Here’s a list of some leading IT companies in Bangalore:
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 recent years, the city has witnessed unparalleled growth in the biotechnology sector. Approximately 95% of the nation’s 240 biotechnology companies call Bangalore home. Furthermore, the government has undertaken several initiatives to bolster the biotechnology policy. Advanta India and Biocon rank among the 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. Leading aerospace companies, including Boeing, Airbus, Goodrich, Dynamatics, Honeywell, GE Aviation, and UTL, have established their research and development centers in the city. Headquartered in Bangalore, Hindustan Aeronautics Limited (HAL) leads various research and development activities, supported by its knowledgeable workforce of over 10,000 employees. Similarly, the National Aerospace Laboratories (NAL) has its headquarters in the city.
Manufacturing sector
The city is also home to various heavy industries, such as 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 contribute significantly to job openings in Bangalore, making the city a preferred destination for the automotive sector.
What can you expect to earn?
Bangalore hosts multinational companies that offer enticing salary packages and opportunities for career growth. Let’s take a look at some common job profiles to gain insight into the salary structure. Software engineers can anticipate earning an average annual salary of Rs 438,741, while mechanical engineers can expect to earn around Rs 397,921 per year.
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