Bengaluru India’s Top Tech Sector Job Provider, according to Indeed Report
While the Silicon Valley of India, Bengaluru, has always been India’s tech hub, now there is even more reason to call it so. According to a report by the leading jobsite Indeed, namma Bengaluru is the Indian technology sector’s champion when it comes to providing top job opportunities. Delhi-NCR comes in at the second place, while Pune is in third place. While Bengaluru is the originator of 22% of all tech jobs, Delhi-NCR provides 11% and Pune 10%.
“Aptly named the Silicon Valley of India, it comes as no surprise that Bengaluru continues to lead in terms of job opportunities in the technology sector, given that it has in the past been the home ground for several startups,” the report said.
Apart from these metropolitan cities, other top cities that fared on the list are Hyderabad at 9%, Mumbai at 8%, Chennai at 7%, Mohali at 4%, and Ahmedabad at 3%.
The report reveals that the 20-29 year age group from active job seekers continues to show high interest in the technology sector, and it is also the most hired group by this sector. In addition, the group older than 55 years is also reported as preferring the tech sector, while the 40-49 age group shows the least interest.
Sashi Kumar, Managing Director, Indeed, said, “Today, organisations must keep constantly evolving in order to keep pace with the advent of new technologies, be it artificial intelligence, machine learning, or big data analytics. New technologies bring with them opportunities for employment, as new job roles emerge in their wake. However, while there are ample jobs available in India, the need of the hour is talent that is adequately skilled to fulfill the responsibilities the job entails. Employers all over the world are in search of employees with the ability to continuously upskill themselves, and thus continue to stay relevant to the organisation.”
Bangalore has recently also shown a significant spike in jobs related to blockchain technology amounting to 36%, and in another recent report, Indeed has pointed this out. This trend is predicted to increase steadily since reports say that by 2022, the global market for products and services related to blockchain is expected to reach $7.7 billion. After Bengaluru, cities showing a spike in blockchain-related jobs are by Mumbai, Hyderabad, Pune and Chennai.
Inc42 quoted Sashi Kumar, Managing Director, Indeed India, said, “While we still have a lot to learn about blockchain technology, given the enormous scope of its application, interest for blockchain roles is here to stay. Cities that have conventionally been tech-forward are naturally embracing this technology, as we can see from the emergence of jobs in metropolitan regions. Technology hubs like Bengaluru and Hyderabad continue to lead, while the National Capital Region is also seeing a fair share of interest in the sector.”
Indeed, which has a presence in over 60 countries and 28 languages, caters to more than 200 million people each month.
While Bengaluru contributes 87% of Karnataka’s GDP, it is home to some of the most successful startups like Flipkart, Ola Cabs, and iD Fresh Foods. The city boasts of venture capitalists and investors such as Goldman Sachs and NASDAQ, who are based in India out of Bengaluru. Bengaluru also houses most of India’s unicorns and is home to the world’s largest pure-play data analytics firm, Mu Sigma. The Koramangala area of Bengaluru is known to have a density of startups on a global scale, second only to Silicon Valley, California.