Historically, Indore had been a pilgrimage route to Omkareshwar, Rameshwaram and Maheshwar, and a trading center between Delhi and the Deccan. Thanks to its strategic location between the central and the western India, the city continues to retain its position as the most thriving trade center of Madhya Pradesh and often referred to as ‘Mini Bombay.’ While being one of the largest centers of Indian textile industry, the city is also home to a wide variety of manufacturing industries. Indore has seen unprecedented growth in hiring activities in recent years, making it to the list of top job creating cities in India several times. It is no wonder then that the city attracts the top talents from almost all parts of the country and abroad.
Job OpportunitiesIndore is home to the Madhya Pradesh Stock Exchange. Many state government agencies and private companies have offices in the city as well. Regional headquarters of several multinational companies are also located in Indore. Quite evidently, there is no lack of employment opportunities in the city for almost all job seekers, irrespective of their qualification, skills and experience levels. Most of the jobs are available in the city’s finance, textile, manufacturing, pharmaceutical, automobile and IT & ITeS sectors. While offering several high-paying jobs in some of the country’s most acclaimed software development, retail and pharmaceutical companies, Indore also creates a steady number of jobs in real estate, automobile, textile trading and tourism sectors. Whether you are an aspiring software engineer, accountant, human resource manager, professor, sales manager or medical representative, you are likely to find a suitable job in Indore.
Key IndustriesThe commercial capital of Madhya Pradesh houses a wide variety of industries that contribute significantly to job generation and revenue generation in the state. Indore houses a number of industrial areas, including Sanwer Road Industrial Area, Shivaji nagar Bhindikho, LaxmiBai Nagar and Hatod. The Indore Special Economic Zone built on 3000 acres of land generates the highest amount of revenues from export activities in the state. Top job generating industries in the city include automobile, retail, finance, real estates, textile, education, pharmaceutical and IT.
AutomobileIndore has the potential to emerge as a major automobile manufacturing hub in India, according to a recent report titled Automobile Industry in India: Saturated and Potential States by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). At present, the city houses many acclaimed national and international automobile companies, including Volvo Eicher commercial, Force Motors and Mahindra two wheelers Ltd. The state government is taking initiatives to attract more investments from the top automobile players in the country and abroad.
Banking & FinanceBeing the economic nerve center of Madhya Pradesh, Indore houses offices and R&D centers of the world’s leading banks and financial institutions, including the State Bank of India, The Saraswat Co Operative Bank, Bank Of Maharashtra, Export Credit Guarantee Corporation, Union Bank of India, Dena Bank and Transport Co-Operative Bank.
EducationIndore is home to many acclaimed schools, colleges, universities and vocational training centers. It is the only Indian city where you’ll find a center of the country’s top two educational institutions - Indian Institute of Management (IIM) and Indian Institute of Technology (IIT). Some other notable educational institutes located in Indore include The Mahatma Gandhi Memorial Medical College (MGMMC), Institute of Engineering & Science IPS Academy, and Institute of Engineering and Technology.
Real EstateIn terms of pricing, new property launches, supply-demand ratio, revenues and inventory, Indore is the eighth most thriving real-estate market in India, says a recent study by PropEquity. The city’s real estate sector provides ample employment opportunity to both skilled and unskilled workers.
Information TechnologyThe IT & ITeS industry of Indore is experiencing slow but steady growth. Some IT giants have established their own special economic zones, such as, Infosys SEZ, Impetus SEZ and TCS SEZ in the city. Finding a suitable software engineering, software development or computer programming job in Indore should not be a problem, if you have the necessary qualification, skills and experience.
Whether you are just starting or in the middle of your career in finance, IT, automobile, real estate or any other field, Indore provides you many opportunities to make progress in your professional life.