Mumbai is the capital city of the State of Maharashtra and is India's wealthiest city. As of 2018, it was the world’s seventh-most densely populated city with a population of around 19.98 million. Known as the commercial and entertainment capital of India, this mega city has been a popular destination for foreign nationals to work in Mumbai.
Mumbai has satellite cities, including Navi Mumbai, Thane, Bhiwandi and Ulhasnagar, which also offer a myriad of opportunities to those hoping to find a job in Mumbai.
With its interesting historical links, museums, beaches, places of worship, and, above all, a galaxy of Bollywood stars, Mumbai is a hugely popular tourist hotspot.
Mumbai's economy
Mumbai is the commercial and financial capital of India, with a GDP of $310billion, the city accounts for 40% of foreign trade and around 6.16% of India's overall GDP.
Its economy mainly relies on industrial production, mechanics, marine trade, capital transactions, finance and banks, chemistry and pharmaceutics, fisheries, textiles, automotive construction and food production. Other than these, IT and media are also profitable sectors.
Some of the country's leading businesses have their headquarters in the city, including TATA Group, Reliance and Aditya Birla Group. The city also hosts the head offices of the Reserve Bank of India, the National Stock Exchange of India and the Mumbai Stock Exchange, etc.. There are also a large number of multinational companies that have either their Indian headquarters or a branch in Mumbai.
There are also other production and manufacturing sectors that have been creating opportunities primarily for local residents, such as handicrafts and jewellery. The city has been dealing in the production of diamonds and is aiming to become a major player in the field.
Mumbai's labour market
Formerly based on textile and other traditional industrial units, the city has greatly diversified over the years. There are diverse sectors namely information and communication technology, engineering, healthcare, finance, pharmaceutical, petroleum and chemical industries, offering different career prospects. The city also hosts a large number of government organisations, as well as national, international and multinational private firms and many industrial parks. Furthermore, there is a significant media presence, with the city being home to the Bollywood film industry.
If you are interested in trying your luck in this city then you have ample of opportunities at your disposal. You just need to ensure you have the qualifications and skills that are required locally.
How to find a job in Mumbai
You can start your job search on the internet by browsing several general and specialised job websites, as well as professional social networks and other virtual platforms. Check out the classified ads in local newspapers. If you have friends and contacts on the spot, networking and word-of-mouth may also help. However, you stand more chances of landing a job according to your profile and expectations by registering with a recruitment agency.
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