Kolkata’s popularity is not limited to its culture, street food, and palaces. It carries a lot, which makes it a huge contributor to the country’s economy. Kolkata, formerly known as Kolkata, consolidated its position as the commercial, cultural and educational center of eastern India. This is only possible with the rapid growth of the city within a few years. Although the manufacturing industry has always been the source of strength for this city, it has also witnessed the vigorous development of other businesses and created many new business opportunities.
Although the job opportunity rate in the region remains unstable, it still manages to keep job seekers from all over the country satisfied with the jobs they are exploring here. In the past few years, the city has opened up many new roads to meet the needs of the modern world. This shows the city’s development in banking, finance, information technology, and other service industries. In addition, it owns a number of food processing, engineering, and pharmaceutical companies.
Although Kolkata has many industrial units and large Indian companies, banking, finance, and information technology still manage to stay ahead. Let’s take a look at the existence of this city in these two areas.
Banking and Finance
The financial sector is still at the forefront when it comes to focusing on economic growth in Kolkata. This industry has been thriving in this part of the country. With the housing headquarters of state-owned banks including Allahabad Bank, Yangke Bank, and Union Bank of India, as well as branches of multinational banks and the World Bank, the city creates a large number of jobs every year. For those in the banking industry, they can certainly consider choosing a career from the east coast of this country. Due to the expansion of Kolkata’s financial business, it is also considered to be the financial capital of East India.
Information Technology (IT)
The terms software and electronics have defined Calcutta’s growth in recent years. Within a few years, it became a hub for IT (information technology) companies. With this, the city finds itself on the cusp of becoming a major IT/business process outsourcing (BPO) destination, with the potential to hire a large number of IT professionals. Some of the international IT brands shown here include IBM, Cognizant, Texas Instruments, Cisco Systems, Intel Asia Electronics, Honeywell, Foster Wheeler, and Siemens. Professionals from all over the country can explore the attractive job opportunities offered by these IT giants.