Looking for a job in Mumbai? What are the most promising sectors? Here are some guidelines.
Mumbai, formerly known as Bombay, is the capital city of the State of Maharashtra. It is known to be the major Indian city and the whole world's 6th most densely populated city with around 12 million inhabitants on its own within a conglomeration of more than 18,4 million inhabitants. Being a port and industrialized city, Mumbai is very popular with foreign professionals looking for new career prospects. Note that Mumbai has satellite cities, namely Navi Mumbai, Thane, Bhiwandi and Ulhasnagar which also provide several opportunities.
If you intend to settle there, you shall not have much trouble in finding a job. Indeed, Mumbai hosts a large number of government organizations, as well as national, international and multinational private firms and many industrial parks.
Mumbai, on its own, makes a 5% contribution to India's Gross Domestic Product (GDP). In terms of corporate tax, it also brings in not less than INR 40 billion every year to the central government. Its economy mainly relies on industrial production, mechanics, marine trade, capital transactions, finance and banks, chemistry and pharmaceutics, fisheries, textiles, automotive construction, food production, petroleum, etc. Information and communication technology, as well as the film industry, are also very profitable sectors.
Good to know:
Maharashtra's capital city aims at becoming the world's giant in terms of diamond production in the near future.
On the other hand, handicraft, through the manufacturing of kitchenware and cooking utensils, machines and tools, silver and golden jewelry, among others, also boost the local economy and market. Finally, Mumbai is a major educational hub thanks to its universities which attract local and international students in mass.
Among the major companies operating across Mumbai, you will find, namely, TATA Group, Reliance, Aditya Birla Group, as well as multinational firms such as Nivea, Colgate, Palmolive, Procter & Gamble, Jaguar, Land Rover, any many others. The city also hosts the head offices of the Reserve Bank of India, the National Stock Exchange of India and the Mumbai Stock Exchange, etc.
Formerly based on the textiles industry, Mumbai's labor market is very open nowadays. It has been greatly diversified other the years, although most of its inhabitants prefer to work in the public sector, that is in government organizations. The less and under-qualified people generally performs in the informal sector. Nevertheless, the private sector remains a huge job pool, just like the entertainment industry through Bollywood which is a world-famous film and arts platform, and many other production houses.
Good to know:
Mumbai, in fact, is an important media hub thanks to the presence of several film studios and production houses which are the cradle of TV soaps, documentaries and other programs. It also hosts many advertising agencies, editors and publishers, etc.
You can also be hired in the fields of information and communication technology, engineering, health care, finance, pharmaceutical, petroleum and chemical industries, etc, if you have the qualifications and skills that are required locally.
Find a job
You will probably start your job search on the Internet thanks to several general and specialized job websites, as well as professional social networks and other virtual platforms. Consider checking classified ads in local newspapers as well. Indeed, job vacancies are still advertised in newspapers in many Indian cities, unlike in other countries. If you have friends and contacts on the spot, networking and word-of-mouth may also help.
However, you stand more chances of landing a job according to your profile and expectations by registering with a recruitment agency. Finally, why not try your luck by sending spontaneous job applications to major companies operating across the city? You might be lucky! Who knows?