New Okhla Industrial Development Authority, shortly known as Noida is under the New Okhla Industrial Development Authority Management. Noida is a major hub of Industries and MNCs outsourcing IT services. There are many Indian corporates and foreign firms, that have their head offices in Noida. Noida has major advantage of connectivity with national capital. As the political hub of the country, Delhi becomes the major attraction for New Channels. Film City is the place in Noida, which is the hub for news channels. such as India TV, News X, TV Today Group NDTV, Zee News, CNN-IBN, CNBC have their offices in Noida.
Energy and power companies have their offices in Noida. Companies of power and energy present in India are BHEL (Bharat Heavy Electrical Limited), Oil India Limited, Reliance Infrastructure, NTPC Ltd, TATA Power, GAS Authority of India Ltd, Indian Oil Corporation, BGR Energy System Ltd and Samsung Engineering. IT Industry is also flourishing in Noida due to MNCs firms in outsourcing IT services. Those MNCs are Sapient, Fiserv, Headstrong, EXL Service, First Flight Courier LTD, Students-Leads, IBM, Miracle, AON Hewitt, Fujitsu, CSC, TCS, WIPRO, Padma Infocom, HCL, Tech Mahindra, Adobe Systems, Ericsson, Dell, Sparta Consulting, Patni Computers, Corbus, Accenture, Samsung etc. These IT companies have opened the huge opportunities in for IT professionals by providing huge employment in this sector.
Government is putting its efforts in providing healthy environment in for businesses. This is proved by establishment of Special Economic Zones and IT parks in Noida. Despite this, Industrial sector is also a major provider of job to the job seeker of northern India. Many automobile companies have their manufacturing units in Noida like Escorts, Honda-SIEL, Moriroku Technology India Pvt Ltd, New Holland Tractors (JV of FIAT with Ford). Other companies have their manufacturing units such as Alstom, ISGEC, LG, Samsung, Barclays, Ericsson and music company T-Series.
Salaries of Some professionals in Noida
Professionals are paid above average salaries in Noida. Software developersNoida professional get average annual package of Rs 3.1 lakh. Software Engineerâ€™s average annual package is of Rs 4 lakh. The ones who lead engineers get double salary than software engineers. Where SAP consultants get more than the national average. Their average annual package is Rs 5.5 lakh. The salaries of other professionals in Noida is mentioned in following table
Salaries of Some Degree holders in Noida
Noida has many emerging opportunity to degree holders. The city provides them conducive environment for learning and practicing to grow with the changing environment. There are large number of education Institutes exist in Noida which provide the opportunities to the north India to have access to professional and academic degrees. Since the city is flourishing, the degree holders are getting the comparatively better salaries than the metropolitan cities. Bachelor Degree holders have their remuneration in the band of Rs 2.1 to Rs 13. lakh. Among MBA degree holders, Marketing specialized get higher salaries than other specialized MBA. The Salaries of other degree holder is given in following table.