Industrial & Manufacturing Jobs in Mumbai
Between FY12 and FY17, the manufacturing sector in India grew at a CAGR of 7.32% and grew at 7.7% in FY17. The financial capital of India, Mumbai, offers extensive job opportunities to people at all executive levels in the manufacturing sector. With manufacturing emerging as one of the high growth sectors in India and the launch of the ‘Make in India’ program, India is well on its way to feature on the world map as a manufacturing hub and gain global recognition. India is expected to become the fifth largest manufacturing country by 2020.
Offering plentiful of manufacturing jobs in Mumbai, the city offers some of the highest compensations in the industry. A senior R&D professional’s average CTC was recorded at INR 25.83 lac per annum in FY 2016-17, the highest in the country. On the other hand, Chennai paid the highest average CTC recorded at 13.50 lac per annum to mid-level Production Managers, while Hyderabad offered an average CTC of 5.67 lac per annum to junior-level Operations Managers.
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Source: Randstad India Survey