Bangalore has a strong and applicable economy, which includes major industries, such as backfill, lightweights, textiles and high technology. While there are many general industries and other textiles that drive the city’s economy, the focus is now on first-class industries. Also, the city has created a good number of jobs in Bangalore, therefore, people from different fields choose the city to start their career. If you are also looking for a job in Bangalore then this professional guide will make fishing easier. In the following paragraphs, various areas of prosperity in the city are covered explicitly.
Information technology sector
Bangalore is affectionately known as “Silicon Valley of India” and is known all over the world for its wide range of information technology, where there are more than 40% of Indian companies. This means that information technology is the main sector that generates jobs in the city, which generates more than 2 lakh jobs. The city’s IT sector can be broadly categorized as
1. Electronics City: Located in the southern suburbs of Bangalore, Electronics City covers 330 acres. 3M, Hewlett Packard and Siemens were founded in 1978 and are the group’s main customers.
2. Whitefield: This complex houses the International Technology Park and was formed in 1994. The Export Promotion Industrial Park (EPIP) in the group provides campus facilities for large IT companies like Oracle, Dell, Unisys, Huawei, Perot and Delphi systems. Flowserve, a subsidiary of Flowserve Corp (NYSE: FLS), has also decided to establish a manufacturing plant and R&D centre in the EPIP region.
There are many other computer complexes in the city where there are first-class multinational companies. Below is a list of some of the major IT companies located in the city.
12. Oracle Corporation
The biotechnology sector in Bangalore
In recent years, the city’s biotechnology sector has seen unparalleled growth. Nearly 95% of the country’s approximately 240 biotechnology companies are located in the city. Also, the government is taking all initiatives to promote biotechnology policy. Advanta India and Biocon are two major biotechnology companies located in the city.
Aerospace and aviation sector
Known as the flying capital of India, Bangalore has over 65% of the country’s aviation activities. Several major airlines have established R&D centres in the city, including Boeing, Airbus, Goodrich, Dynamics, Honeywell, General Electric and UTL. Based in Bangalore, Hindustan Aviation Limited (HAL) is also involved in various research and development activities. With knowledge and experience of more than 10,000 employees, HAL is one of the city’s major public sectors. Likewise, the National Aerospace Laboratories (NAL) is headquartered in the city.
How much do you expect to earn?
Bangalore is home to many multinational companies that offer attractive salaries and excellent professional progress. To get a fair idea of the salary structure, let’s review some current job profiles. If you are a software engineer, you can expect to earn Rs 741, 741 a year. Likewise, as a mechanical engineer, you are eligible to earn an average salary of Rs. 397,921 a year.