Top 10 Job opportunity sectors in Mumbai

Many of us are curious to know about top 10 job opportunity sectors in Mumbai, unemployment is one of the significant issues India is facing today, and with the increase in competition and cost of living, it isn’t easy to find an excellent job with the right salary package. Mumbai is one of the cities in India, which is the most sought after town to work in. There are ample job opportunity sectors in Mumbai in different industries at every level, starting from entry-level jobs to the topmost positions jobs;

Mumbai the city of dreams and financial capital of India, which offers everything you want for your career growth. More than 6% of the GDP of India contributes to Mumbai, which means it has a lot of job opportunities for people from every walks of life. According to the Employment Trend Survey (MSETS), 2020, about 7 Lakhs new job opportunities will be created this year.

The top public and private sector banks, IT firms, Pharma Companies, Production Houses, Textile industries, and many more have their headquarters in Mumbai, which makes it one of the dream cities to work in. You have umpteen number of industries and companies to choose from.

Trends of Job in Mumbai

India’s path-breaking economic growth has led to employment generation in different sectors. The top 5 areas which are likely to generate a significant chunk of jobs are:

•  Information Technology sector, which will touch $225 billion in 2020, with a total of 30 million IT professionals.

•  The telecom sector has witnessed considerable growth lately and will continue to grow in the coming years. It already a customer base of 850 million and will fuel in the job creation opportunities in 2020.

• The healthcare sector is also in the race, with over 40 million new job opportunities this year.

• The infrastructure sector is likely to grow with a rate of 7-10% with a considerable amount of jobs.

The retail sector is making the headlines with the entry of FDI in single-brand retail with a market cap of 50%. As we are going digital, so is the retail sector, and the job opportunities in this sector are tremendous. Now we will see Top 10 Job opportunity sectors in Mumbai are as below,

Top 10 Job opportunity sectors in Mumbai

Top 10 Job opportunity sectors in Mumbai

1. Finance sector

Mumbai, the finance capital Of India, has vast employment opportunities in the field of finance and related services. It has headquarters of significant government and private sector banks, insurance companies, NBFCs, and the like. The top financial sector companies are  RBI(Reserve Bank of India), SBI, BSE, NSE, LIC, ICICI, HDFC, Axis, IDBI, Aditya Birla capital ltd.

2. Health Sector

The health care sector is most leading job provider in Mumbai, which as shown remarkable growth over the years, and it will continue to grow and provide many employment opportunities. Mumbai has top hospitals in the country equipped with the latest technology types of equipment. Here are some top hospitals in the city: Apollo hospitals, the forties, Thyrocare technologies ltd.

3. Hospitality Sector

The hospitality sector has shown exponential growth in the past years and has provided lucrative packages along with substantial job opportunities for job seekers who want to make a career in this sector. Mumbai has India’s top groups of hotels and restaurants. We have created a list of few: The Taj palace, four seasons hotel Mumbai, The Peshwa Pavilion, and many more.

4. Entertainment Sector

With the growing craze for Bollywood movies, web series, and television serials, the entertainment industry has witnessed a positive growth momentum. Which, in turn, leads to employment generation and high paycheques. Mumbai is the hub of entertainment, and most of the production houses are based here. Some famous production houses are Yash raj films, UTV motion pictures, Dharma productions, Eros International. this is also one of the be from top 10 Job opportunity sectors in Mumbai.

5. IT Sector

After Bangalore, Mumbai comes for top MNCs. In 2020, the IT sector will grow up to 10% for newcomers in this industry. The industry doesn’t need any explanation, rather any person good with computers or holds an interest in it will get a good job opening. This year is the best year to apply for its industry jobs in Mumbai. There are some top IT companies in Mumbai. These are Accenture India Pvt Ltd, L&T (Larsen & Turbo), IBM India Ltd, etc.

6. Import Export

Mumbai has enormous opportunities for a job in the import-export sector as these companies taking care of transporting cargo and freight. If you wish to apply in this sector, you have a chance of growth in Mumbai. There are many companies in the city for import-export like Darekar logistics company, Swarex shipping & Aviation Pvt ltd, forum shipping agency, and many more companies are there to explore.

7. Tourism Sector

Mumbai is a dream city, it has a lot of places to explore, and it attracts tourists. These are some famous places to visit in Mumbai marine drive, the gateway of India, Juhu beach, etc. because of the glory of these places, Mumbai has a lot of job opportunities in the tourism sector. Here are some famous tourism companies like Thomas cook India ltd, ITI tours, and travel Pvt ltd, Magic holidays.

8. Telecom Sector

Mumbai has headquarters of major telecoms sector companies, so chances of jobs are a lot in these sectors. You can get great job options in the telecom industry. These are some major companies in the telecom sector Reliance communication, Vodafone communication, Idea cellular ltd, TATA communication. 

9. Real Estate Sector

Mumbai comes in top of the terms population, so because of more people and less space in the city. People have to stay in flats, and here the real estate sector plays an import part as there are significant opportunities in working this sector as the population increases with time, and people need space to stay, and builders have to make flats for them. So there are some top real estate companies in Mumbai where you can apply for jobs in this department, and these companies are Lodha group, TATA housing development company, The Wadhwa Group, Rustomjee- Keystone group,
etc.

10. Textile Sector

1854 was the year that made Mumbai the textile industry hub of India, and since then, it has seen significant growth in this sector. If you want to work in the textile sector, then you should explore these companies for your career growth. These are Bombay dyeing and manufacturing company ltd, Future enterprises ltd, Grasim industries ltd, Raymon ltd, Century textiles & industries ltd.

Placement Consultancy in Mumbai

We have listed the top 10 Job opportunity sectors in Mumbai and the growing sectors in Mumbai to give you an idea that Mumbai is the right place to have career growth. We have mentioned top 10 Job opportunity sectors in Mumbai in the blog for your to have a loo and decide the best sectors as per your educational qualification, work experienced and interest.  

 We have successfully placed candidates in more than 100 companies, and we have been providing our services from the past 10+ years. We guide the applicants to find the right job and also give them astrological based career advice. We are the Top placement consultancy in Mumbai. More about us, we have comprehensive services as Placement Consultancy, Career Consultants, HR Services, Staffing Solutions.

Now you have the opportunity to choose a career you always wanted. Our placement experts will be happy to assist you. Please feel free to contact us. All the best, and stay connected.

 

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