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Jobs in Telangana

One of the underrated states, Telangana has made incredible progress in the last few years. The state has achieved a YOY growth of 10% in terms of GDP as compared to the national average of 7% (approximately). In the process, 2.46 lac jobs in Telangana have been created while INR 73,000 crore has been generated in terms of investments. Additionally, the state has made incredible investments with the help of new government initiatives, FDI, etc. which can significantly boost the employment even further in the coming years.

The state has allotted land to various industries in the state with an expected FDI of INR 1,000 crore and would provide employment to approximately 50,000 people. Some additional initiatives in the state are:

-       Efforts are being made to develop the first phase of pharma city in the state across an area of 8,200 acres.

-       The cluster of Genome valley, home to over 200 companies, is being expanded to invite and accommodate more firms.

-       The state government has invested a comprehensible amount for the expansion and development of the textile industry.

-       Initiatives have been taken place to develop multi-modal logistics parks in the state, along the key routes of national highways to improve connectivity.

Policies to boost vacancies in Telangana

Telangana’s GDP for the FY 2017-18 grew at an exponential rate of 12.60% valued at USD 113.68 billion. The government of the state has taken various initiatives to promote the state at the hub of investment and employment –

-       FY 2018 saw the development of 4 thermal power plants along with the construction of 2 hydropower plants with a focus on achieving rapid urbanization.

-       The Internet of Things (IoT) policy has been introduced by the government to promote and create an environment conducive to the growth of IT sector in the state.

-       The government is also taking measures of setting up manufacturing and national investment zones to boost employment, investment, and productivity. The first phase of this project is expected to be completed by 2020.

-       Hyderabad Pharma City, the one of its kind, is a smart ecosystem, which is being created to set up a benchmark for new industrial cities as per global standards. This specific project is expected to attract USD 993 million.

Employment Opportunities and Vacancies in Telangana

Hyderabad, one of the developed cities of India, has created many jobs in Telangana. The city ranks 3rd in the list of highest paying cities to professionals from all fields in the recently conducted Salary Survey Trend of India. Hyderabad paid an average CTC of INR 13.61 lac per annum, whereas the national average stood at INR 13.23 lac per annum. When it comes to paying senior professionals, the city ranks 3rd among all the metros as it paid an average CTC of INR 26.81 lac per annum, against the national CTC of INR 25.94 lac per annum.

Hyderabad is the mirror of economic growth that Telangana is experiencing. To apply for the best available jobs in Telangana, get in touch with Randstad. We strive for excellence and come with a great combination of tech and touch and help you get the job of your dreams.

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