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Where to find jobs in Bangalore?
Bangalore hosted India's first Nano Summit in December 2014
India's technology hub, Bangalore had host India's first 'Nano Summit' from December 4-5 to showcase country's research and development applications in nano science and technology.
Moreover, with the financial aid from the central and state governments, the Centre for Nano and Soft matter science, in the Nano Institute. is coming up on the outskirts of the city. Presently, the renowned Indian Institute of Science, the Jawaharlal Nehru Centre for Advanced Scientific Research and Centre for Biological Science in Bangalore are mainly involved in the progress of nano-science and nanotechnology in the state.
Bangalore, officially known as Bengaluru, has a robust and viable economy represented by Earthmoving, light-weighted, textiles and high technology. In fact, the United Nations Human Development Report 2001 put the city on the top slot along with Austin (USA), San Francisco (USA), and Taipei (Taiwan) as the main "Technology Hubs of the World."
Although, many other public sector undertaking and textile sectors have driven the city's economy, but the focus has mainly shifted to high-technology driven industries.
With more than 100 central and state research and development initiatives, Indian Institute of Science, National Law School, 45 engineering colleges, top health care facilities and a host of various other institutional infrastructure, the city is known as one of the most sought after destination for both education and research.
Moreover, the city has also enjoyed an optimum position that has stirred the new job openings in Bangalore. The city's vast industrial base comprises of various pharma, finance, apparel and other FMCS companies; which is also extended to include different small & medium enterprises.
Bangalore has become the lucrative investment destination for global companies, including 500 Fortune firms are ready to set up their business operations here, thanks to the great pool of talent, an excellent ecosystem and some active policies of successive governments.
No surprises at all, many multi-national companies have set up their research labs in the city. This diversification and cosmopolitan nature of Bangalore, which is also known as “Silicon Valley of India”, has augmented the number of job openings in Bangalore.
Bangalore is known as one of the best paying cities in the country. Here the average salary of an IT professional is around Rs 5-25 lakh/annum, which is more than as compared to any other city in India.
Moreover, the city also produces some great conditions for the career progression, and therefore, people from throughout the country, move to the city in search for a right job. Also, it is a highly competitive city and companies here offer joining and annual bonuses to professionals in order to retain them.
Let's explore the industrial base of Bangalore
Silicon Valley of India
Once popular for its lush farmlands, Bangalore is now becoming the home to some of the leading international and domestic technology companies which are generating abundant jobs for young professionals from across the country. It all started in the year 1970, when the state government had demarcated a substantial part of the land outside the city for an electronic city.
However, those were pre-liberalization days; and as a result, taxes were very high and everything was controlled through stringent licensing. Furthermore, imports were restricted and there were also some significant limits on currency conversions. A domestic IT company, Infosys was opened in the year 1981 at the same time IBM launched its personal computer. One benefit it was that Indian education institutions were offering some good courses in computer engineering and the city was producing impeccable computer professionals on a par with the foreign IT experts. By 1983, both Wipro and Infosys moved to Bangalore and the country's IT sector got a great transformation.
However, the city's global foray into the IT sector only started when Texas Instruments opened its facility in Bangalore in the year 1984. In the 90s, the city's economic liberalization took place and as a result, software export industry increased manifold. Companies established in the city have a huge cost benefit- highly-educated English speaking workforce that's available at a cheaper rate as compared to USA or Europe. Bulk hiring became a common practice and each of the companies started employing millions of professionals.
In the current scenario, around 40% of India's IT companies are situated in the city. It means, the city is offering around 2 lakh jobs to people and thus, IT becomes the most thriving employment generator sector. With over 500 companies, imparting back-office services, the city is boasting the presence of IT stalwarts.
"According to the industry body Assocham, the IT hub of Bangalore recorded the highest growth in total new jobs creation in 2013."
Did you know?
- Bangalore is recognized as the fourth largest technology cluster in the world after Silicon Valley, Boston, and London.
- Bangalore has the highest number of research & development centers in the country.
- Bangalore is the only city in the world where both commercial and defense airports are operating from the same strip.
- Around 60% of professionals working in the USA are from Bangalore.
- The city has produced the maximum number of scientists which have been considered for the Noble Prize nominations from India.
- It is also considered as the fashion capital and fondly called 'The Paris of the East'.
IT sector can be divided mainly into two below clusters-
- Electronics City= Situated in the southern outskirts of Bangalore, Electronics City is widespread over 330 acres. Incepted in the year 1978, 3M, Hewlett Packard and Siemens are some of the prominent clients of the Electronic City. India's IT pioneers- Wipro and Infosys, are also headquartered in the Electronics City. In the year 1991, the Ministry of Information Technology set up Software Technology Parks of India (STPI). STPI Bangalore is acclaimed as one of the premier and oldest Internet service providers in the country. It was the first center in India, which was Internet-enabled. Nortel Networks is a reputable client of STPI Bangalore.
- Whitefield= This cluster is home to the International Tech Park Bangalore. It came in the inception in 1994 when India and Singapore entered into an agreement. Sprawling over a vast area, it comprises of 8 buildings- Creator, Innovator, Discoverer, Voyager, Explorer, Inventor and Navigator along with some buildings of TCS.
The Export Promotion Industrial Park Zone(EPIP) in the Whitefield cluster offers impeccable campus facilities to TCS, Dell, SAP, iGATE, Oracle, Unisys, Huawei, Perot Systems and Delphi. You will find captive centers of Shell, Aviva, GM, Sapient, Tesco and DaimlerChrysler in the cluster. Flowserve, a subsidiary of Flowserve Corp (NYSE: FLS) has also set up a manufacturing plant & a R&D center in EPIP Area.
Other IT Parks in Bangalore
The Bellandur - Marathahalli - Outer Ring Road cluster houses below companies-
Inner Ring Road cluster houses below companies-
Bagmane Tech Park houses below companies-
The Manyata Technology Park is a special economic zone, situated in Nagawara, where many multi-national companies have opened their offices. Cognizant Technology Solutions, IBM, Nokia Siemens, Philips, NXP, Alcatel-Lucent, Samsung are some of the popular names in this area.
Find out more about the city's education sector
Bangalore is popularly called the education hub because the institutions of the city are offering top-notch education in all disciplines to students who are coming from every nook and corner of the country. Below is the list of some of the prestigious institutes in Bangalore-
- Indian Institute of Management
- Indian Space Research Organization
- The Indian Institute of Science,
- The National Centre for Biological Sciences,
- The Raman Research Institute
- Indian Statistical Institute
- Indian Institute of Plantation Management
- Indian Institute of Information Technology
- Centre for Artificial Intelligence and Robotics
- National Institute of Advanced Studies (NIAS)
- The Jawaharlal Nehru Centre for Advanced Scientific Research
Biotechnology in Bangalore
Biotechnology is a fast growing sector in the city. Bangalore accounts for more than 95% of the approximately 240 biotechnology companies of the country. Headquartered in Bangalore, Biocon is India's leading biotechnology company which ranks 16th on the global list in terms of revenue. The biotechnology field of the city gets a boost from the state government's comprehensive biotechnology policy. The Institute of Bio-informatics and Applied Biotechnology (IBAB), an initiative of the Biotechnology vision group, ICICI and Biocon, is trying to ready revolutionary scientists for the future.
Jack F. Welch Technology Research Center, situated in Whitefield cluster, is the second largest research facility of General Electric (GE) in throughout the world. Incorporated in the year 2000, the Research Center is employing over 1500 people.
Moreover, the Indian Biotechnology Research Organization (IBRO) is diligently taking all steps to augment biotechnology growth in the country by producing advanced research and talent pool in India. Advanta India is the other major biotechnology company who has its set up in Bangalore.
Bangalore outshines other Indian cities and becomes the hottest investment destination for business
The tech hub Bangalore enjoys the top slot in the new Morgan Stanley report on how Indian cities cope with different problems from infrastructure to jobs.
The high quality education sector, different income groups and a cosmopolitan culture have helped the city to notch the top slot in the list of hottest business destination (a survey conducted by the Global Initiative for Restructuring Environment and Management (GIREM) and DTZ).
The city has one of the highest footfalls of business travelers from throughout the country, driven by the IT sector. The booming real estate of the city offers commercial space at highly competitive rates, as compared to the other Indian cities.
Other industries contributing towards the growth of the city
Bangalore accounts for over 70% of the entire rose exports from the country and thus, enjoyed the prominence in floriculture business. Karuturi Global Limited, situated in the city, is recognized as the world's largest grower of cut roses.
Some of the other leading companies having their offices in Bangalore are- United Breweries Group, Canara Bank, GMR Group and Idiom Design & Consulting. Also, the majority of silk industry is situated in Karnataka, mainly in the North Bangalore regions of Mulbagal, Kolar, Kanivenarayanapura, Doddaballapura and Muddenahalli. This vast industrial base is contributing significantly to the city's economy by producing jobs, increasing educational opportunities and triggering infrastructure.
Aerospace and aviation industry
Fondly called the aviation monopoly capital of India, Bangalore accounts over 65% aerospace business. Top-notch aerospace names like Boeing, Airbus, Goodrich, Dynamatics, Honeywell,GE Aviation, UTL,others have established their research & development and engineering centers in the city.
The Hindustan Aeronautics Limited (HAL) is headquartered in the city and is indulged in doing research and development activities for indigenous fighter aircraft for the Indian army. With over 10,000 employees, it is one of the major public sectors in Bangalore. In the present scenario, HAL is manufacturing different fighter aircraft for the Indian Air Force, including Sukhoi 30 Flanker and Jaguars. HAL is also developing various indigenous products for the air force, like HAL Tejas HAL HF-24 Marut.
Headquartered in Bangalore, the National Aerospace Laboratories (NAL) is dedicated towards developing civil aviation technologies. Founded in1960, NAL often works with the HAL for developing high-tech aviation technologies.
Are you ready to work in Bangalore?
In the year 1972, the Indian government set up the Space Commission and Department of Space (DOS). India's space research organization (ISRO), formed under the aegis of the DOS, is headquartered in the city. The motive of the ISRO is to develop various satellites and launch vehicles. In order to bolster India's space activities, ISRO has successfully developed various satellites, like APPLE, Rohini, Bhaskara and the INSAT series.
The other 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, are generating a great number of job openings in Bangalore. Also the city is becoming a haven for the automotive industry. Toyota has set up a manufacturing plant in Bangalore, followed by Hindustan Motors and Volvo Trucks. In the Peenya industrial area of the city, you may find many small and medium scale industries.
Three things recruiters look for in candidates: Girish Shende, HR Head, MAN Trucks India
Now when you know where to look for jobs in Bangalore, let's find out what skills and expertises you should possess in order to get the job. CareerBuilder talks to the HR Head, MAN Trucks India to find out requisite skills. Play the video to listen more.