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What job sectors you can scout for a job in Pune
Pune, a major education hub in the state of Maharashtra has now come up as a flourishing job destination. As the state government has made efforts to help this sleepy town to create a strong base of organizations and to accelerate commercial activity.
There are a couple of reasons which made it possible for organizations to establish their operations here and witness exponential growth. The state government created special economic zones, IT parks, and automobile manufacturing clusters, along with tax relaxations and land at subsidized costs; and these reforms did manage to attract business owners from all across the globe to set-up their operational units in Pune.
Also keeping into consideration, the availability of fresh and young graduates, whom the employers mould with the skills which are essential for the business goals, making it a win-win situation for both, the employers and the fresh graduates.
There are couple of industries which have deep seated themselves in this region, and offer growth oriented jobs to freshers as well as seasoned professionals to reap the fruits of their hard work and labor that they invest in earning a degree.
IT companies in Pune
Prominent IT companies in Pune
Information technology, Information technology enabled services, and automobile manufacturing are the job sectors that favour fresh graduates,as their young minds are easier to mould with the skills which give boost to the business goals and help them earn higher revenues.
This sector employs freshers and seasoned professionals with diversified skill sets and allowing them to build their reputation as a domain expert.
Infosys , Cognizant, TCS, Tata Motors, Persistent Systems Ltd, Tata Technologies Ltd, Wipro, Tech Mahindra, IBM, Accenture, 3G, Thermax, Igate-Patni, Capgemini, HSBC GLT, Amdocs, Syntel, Mphasis-EDS, Fujitsu, Cybage, BMC Software, Avaya, Barclays, AllScripts (India) Pvt Ltd, Mastek, Tieto Software Technologies Pvt Ltd, EICP, Polaris, and Intel.
These are the major IT companies which are based out of Pune and have deep seated themselves in the job market as well as have empowered the economic growth of the city and the country at large.
Promininent automobile brands from developed nations have established their manufacturing units in the automobile manufacturing cluster, located in Chakan Pune. Along with passenger vehicle manufacturers and two wheeler manufacturers, the job scope in Pune for engineering professionals is the highest as compared to any other job sectors in the country.
Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), and Kinetic Motors, General Motors, Land Rover, Jaguar, Renault, Volkswagen, and Fiat. These are the automobile companies located in this cluster, and serves as an alluring job sectors for engineers to look for employment opportunities.
Professionals from other domains, such as; communications, marketing, sales, logistics and administration have equal opportunities to find employment in this prolific job domain.
Banking and finance sector
Owing to the wide set of business activity in this city, which needs the backing of a robust banking system, led to the in-flux of banking organizations from public, private and public-private sector. Apart from the core banking operations, various global banks have established their back end support units in this city. As per a recent report, around 5000 professionals will be hired in the coming months to take up positions in these Global in-house centers, known as GICs. Citibank, Deutsche Bank, Barclays, Credit Suisse, BNY Mellon are the organizations which have established their GICs in Pune. And remain a popular job domains by freshers.
Other facts about Pune
Jobs in Pune are also available in the deep rooted education domain of this city, which makes Pune, known as the “Oxford of the East'. Coaching institutes, colleges and universities continually come up with job openings for freshers to take up roles at various levels. However, getting employed in a college or university requires a master's or a doctorate degree along with some experience in research, in a particular domain.
Jobs in Research and Development
Pune serves as the epi-center of Research and development for various industries. To state a fact, Pune has around 12% product and development teams as compared to that of Bangalore which has 8%, which signify that large volume of high-end engineering and product development originates from the city.
This means that professionals who are passionate about working on latest technologies and have an unending desire to create products, that solve real world problems have valuable chances of finding such opportunities that will not only help them meet their career but also their life goals, of leaving a mark and bring out a change in the society for the good.
Research and development opportunities, are largely present in software, manufacturing and technology. Passionate individuals can search for jobs in Pune, within this job domain and set their career path on a fast pace of growth.
Earning potential in Pune
Employers offer salary packages that are competent enough to retain a fresher, disallowing them to search for jobs in other job destinations such as Mumbai, Bangalore, Chennai or Delhi NCR. The compensation in Pune as compared to other job locations has been found to be higher, as the employers want to retain the best-of-the best talents and offer them annual packages that are above their expectations.
For instance, a fresher hired for a software development role, in an entry-level position is offered annual pay package of INR 4 Lakhs, which upon acquisition of some work experience goes up to 6 Lakhs, and is revised annually or as per the employers appraisal policies.
A mechanical engineering graduate employed in the automobile manufacturing sector has the earning potential of INR 4 Lakh, along with certain monetary benefits like; joining bonus, performance based incentives and paid leaves.