The capital of West Bengal, Kolkata, is the nerve-center of culture, trade, and education in Eastern India. While being “The City of Palaces” reminiscent of its glory as the former capital of British India, Kolkata is also an emerging center of information technology and BPO industries in the country. With colonial buildings, trams, hand-pulled rickshaws, heavy traffic, extreme poverty, and congested slums on one hand, and skyscrapers and modern shopping malls luxury buses, metro railways, and a large pool of talents on the other hand, the city never ceases to amaze us with its contrasting features.
Kolkata has been recently ranked as the best city to live in India in terms of resources, urban planning, transparency and accountability of the citizens, according to the Annual Survey of India’s City-Systems conducted by Janaagraha Centre for Citizenship & Democracy, a Bangalore based non-profit organization. The city is home to The Calcutta Stock Exchange, a major port, headquarters of leading national and international companies, and the only international airport in East India. It is no wonder then that city continues to attract job seekers from around the country and from abroad.
Job Opportunity and Key IndustriesThe city saw its economy plummet during the 1970s and 1980s, but came back strongly in the 1990s after the state government adopted a more liberal economic policy. With GDP of US$150 Billion or Rs.870000 Crore, Kolkata is now the third most developed city in the country and the 42nd most developed city in the world. The city has a diverse economic base anchored by a wide variety of industries, including finance, banking, textile, jute, food processing, steel, electronics, mining, pharmaceutical, mineral, cement, and heavy engineering sectors. While being one of India’s top tea-production centers, Kolkata is also home to the largest jewelry market of the country, thanks to the presence of acclaimed jewelers like P.C Chandra Jewelers, Anjali Jewelers, Senco Jewelers and Shaw Jewelers. Recent years have also seen a boom in the city’s IT and software industry, generating thousands of jobs for freshers and experienced IT professionals.
Banking and FinanceWith the presence of The Calcutta Stock Exchange and several private and public sector banks, the banking and finance sector of Kolkata creates many employment opportunities for fresh graduates in management, commerce, finance, economics and other streams. Three of India’s leading nationalized banks, namely United Bank of India, Allahabad Bank, Uco Bank, are headquartered in the city, while Bandhan Bank founded as a micro finance company in the city has recently received banking license from The Reserve Bank of India. Moreover, many acclaimed private sector banks and multinational banks, including The Standard Chartered Bank, HSBC Bank, and Bank of America have offices in the city.
IT and BPOFrom the late 1990s, Kolkata’s IT sector has seen an annual growth rate of around 70 percent, almost double, compared to the national average. Many international IT and software companies, including Accenture, IBM, Cisco Systems, Ericsson, Sun Microsystems, and Cognizant have offices in the city, so do most of the leading Indian IT giants, such as, HCL, NIIT Technologies, Infosys, Tata Interactive Systems, and Wipro. The new township of Rajarhat was built on the outskirts of the city to accommodate the growing number software firms, spilling over from Salt Lake Sector-V. Kolkata offers IT jobs in various profiles to both entry-level and experienced web developers, IT managers, system administrators, IT security executives, operation managers, and IT business analysts.
Jute and TextileKolkata is one of the largest exporters of cotton and silk products in India. Many of the jute and textile companies of the city were founded back in the early 1990s, but are still in operation. Easy availability of labor force and suitable weather conditions have helped flourish the jute and textile industry of the city. Some acclaimed companies in Kolkata’s jute and textile industry include Dunlop Jute House, S. K. G. Jute Industries, Indian Jute Industries' Research Association, and Anand Jute Industries.
EducationFrom renowned schools, colleges, universities, business schools, engineering colleges, medical colleges, film schools, and research institutes, Kolkata has a range of educational institutions suitable for students from almost every background or field of study. The education sector of the city creates many jobs every year for teachers, professors, clerks, librarians, scientists, and research scholars. The city houses many acclaimed educational institutions, including The University of Calcutta, Jadavpur University, The Indian Institute of Management Calcutta, and The Indian Statistical Institute.
Kolkata is fast catching up with the country’s top job generating cities like Delhi and Bangalore. Whether you are planning jump start your career or looking for growth in your existing profession, Kolkata could be your ultimate job destination!