Once Millennials complete their graduation in their hometowns, they think of cracking a job in one of those dream cities. Often people find it confusing to move to a different city. They think about the job prospect, salary, accommodation, people, culture, environment how they are going to blend in. There is a lot to think about and a lot to consider before deciding to move on. In today’s scenario where the unemployment rate is at its all-time peak, it has become even more difficult for one to search and land a lucrative job in one of the best cities in India. The opportunities for employment are less since the job growth in India is decreasing, especially for those who live in small cities, towns, or villages, as all the big and important corporate activities are carried out in developed cities where people from across the country come in search of jobs. New entrants in the corporate world are facing the tough choice of finding the right location to begin their careers.
There is always a question, should fresher opt for a small city with a low cost of living and a high potential for job-growth in India or go for the metropolitan city where they have a high competition but many opportunities to flourish, where each day there is a different struggle, each day you learn.
According to a study by Careercast.com, new graduates are embracing big risks and bigger rewards by beginning their careers in high-population cities where there are abundant job opportunities and vibrant social life.
To know about the job prospects and job growth in India, we did some research and found the best cities in India which can be path builders for your corporate journey.
1.Delhi:
The capital city of our country still provides the best prospect for job seekers. It’s also a commercial hub for north India. It provides a good median salary of INR 482,307. According to the AMRC study, 32% of respondents voted for Delhi as their preferred career destination. Almost 1.5 lakh professionals working here are from neighboring states such as Bihar and Uttar Pradesh. Capital city not only provides a job for the local but is surely helping in the overall economic development of the county. Delhi along with its nearby regions(NCR) such as Noida, Gurgaon, Greater Noida, and Faridabad have attained significant industrial progress, which implies that it will continue to provide more jobs in the future. Being an IT and manufacturing hub most of the jobs here are in one of these sectors. NCR’s (National Capital Region) is both a corporate and entertainment hub. The capital city is home to the likes of Siemens Networks, Cognizant Technology Solutions, Motorola, HP, Mahindra, HCL Technologies, IBM, Microsoft, Dell Inc., and others. An economic center for India, Delhi’s manufacturing and IT industries are continually booming with increasing job growth in India.
Along with its job market, Delhi provides a rich heritage culture, a shopping destination, and a rendezvous place to satisfy your taste buds and affordable housing. Based on these choices, one can opt for Delhi as the entrant for their corporate life.
2.Bangaluru:
Described as the ‘Silicon Valley’ of South Indian, Bangalore is considered one of the best cities in India to find work. The capital city of Karnataka is one of the largest growing cities in the country due to its excellent career prospects.
As far as job growth is concerned, it is the leading name of its kind in the country and can thus be regarded as a major contributor to the national economy. The major contributor is software technology parks (STPs), electronics, and international tech parks. These generate the majority of the jobs in the regions. The city has a cheerful climate and a happening social life. As per a recent study by Aspiring Minds Research Cell, 7 out of 10 engineering students in India will prefer Bangalore as their first job city and 75% of engineering graduates consider it a preferred destination to work. As per Payscale.com, the average salary in the city is INR 585,527 p.a., per capita income is INR 88,991 p.a. and the credit growth rate is 29%.
The city is an IT hub with numerous companies based here, including the likes of Accenture, Accel Frontline Ltd., HCL Technologies, iGate, Infosys, Larsen & Toubro, EY, MindTree, TCS, HP, Tech Mahindra, KPMG, and Wipro, to name a few. In addition, the city houses scientific and military hubs with manufacturing and biotechnology industries. As a result, Bangalore is a significant contributor to the national economy. Bangalore has also gained a reputation for its development opportunities for Indians.