Information technology is playing an important role in India today & has transformed India's image from a slow moving bureaucratic economy to a land of innovative entrepreneurs. The IT sector in India is generating 2.5 million direct employments. India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country.
The major cities that account for about nearly 90% of the sector's exports are Bangalore, Chennai, Kolkata, Hyderabad, Trivandrum, Delhi, Mumbai and Pune.
This sector has also led to massive employment generation. The industry continued to be a net employment generator - it had added 230,000 jobs in FY2012, thus provided direct employment to about 2.8 million, and indirectly employed 8.9 million people.
The Indian pharmaceutical sector has come a long way, being almost non-existent before 1970 to a prominent provider of healthcare products, meeting almost 90% of the country's pharmaceuticals needs for bulk drugs, drug intermediates and formulations. India is known as pharmacy of the whole world especially to third world countries. The country exports pharmaceuticals to more than 200 countries including USA, Russia, Germany, United Kingdom and Brazil.
The Indian pharmaceutical market is the 3rd biggest globally in terms of volume and 14th in terms of value. Recent studies estimate that the size of the Indian Pharmaceutical industries is poised to grow to Rs. 140, 000 crore by 2020. The Indian pharmaceutical industries, stands untouched by recession and they would continue with their impressive performance unlike other industries.The industry needs expert, professionally qualified, competent, skilled managerial and entrepreneurial talent workforce to perform drug manufacturing activities.
Media & Entertainment
The Media & Entertainment Industry in India is expected to reach Rs 1,457 billion by 2016 as per latest estimates. The industry achieved a growth of 12% in 2011 and is projected to grow at a CAGR of 15 percent over the next five years. A spends on leisure and entertainment are greater than the economic growth; this is a result of favourable demographics and increasing disposable incomes.
The Indian Media & Entertainment (M&E) sector is growing rapidly, especially with new age technology and the rapid rise of digital media. Some of the key factors that have driven the growth of the M&E industry are: rise in digital content consumption, launch of innovative content delivery platforms, higher penetration in tier II and tier III cities, greater reach of regional media and regulatory shifts. Many aspire to join this industry due to the high visibility associated with it. The opportunities are many and varied, such as in the areas of mass communication, content development, media planning, animation, production and event management.
The manufacturing sector has been employing more and more people due to growing industrialization and globalization. The Government has estimated that the manufacturing sector will create around 3 - 4 million jobs during the 12th five year plan between 2012-17.
Manufacturing /Operations is the base for all organizations. In fact, for all sectors such as Automobile, Fast - moving consumer goods, Pharmaceuticals, wellness etc., a full-fledged and dedicated manufacturing division is a must. Thus, the need for skilled manpower for different Manufacturing Jobs in India is very high.
Investment banking jobs are available with several different types of organizations. Many jobs are to be found at the large global investment banks such as Goldman Sachs and Morgan Stanley or in the investment banking department of large commercial banks such as Citigroup or Deutsche Bank. Other jobs are available at smaller, regional or boutique investment banks such as Lazard, Jefferies, or Greenhill.
Many of these jobs require individuals to work extremely long hours but the compensation can be tremendous. Because of the potentially large paydays, competition for these jobs is fierce and it can be quite challenging for many individuals to break into the profession. Even though many investment bankers come to their career from a prestigious university and eventually get an MBA as well, that does not mean that there are not exceptions. If one is committed to working as an investment banker and believe that you have the prerequisite skills, one should explore these careers in greater depth regardless of background.
The Indian telecommunications (Telecom) industry has played a vital role in India's growth story, and within the services sector, the telecom sector has been the major contributor to India's growth, accounting for nearly 3.6% of total GDP in FY10. The share of telecommunication services in India's GDP is expected to increase to 15% by 2015. The fast track growth in the domestic telecom market has attracted significant investments which are expected to grow with the entry of new players and launch of new services.
The high growth potential in the sector, makes it a highly sought after sector by professionals. Despite the availability of skilled professionals in the industry, entry of new players disturbs the demand supply equilibrium, and companies are often seen struggling in recruiting and retaining talent owing to multiple opportunities available in the market.
The market is highly competitive and industry players need senior and middle level talent to successfully lead companies. The presence of right leaders is crucial to all stakeholders across the value chain - operators, services providers, network operators and equipment providers.