Vadodara (Baroda) is the third largest city in Gujarat. The city well known in western India for the Industrial hub, cultural hub and educational hub. Vadodara is also famous for many Institutes of national importance regional importance. Road and railway networks makes the city well connected with major metropolitan cities.
The Industries in Vadodara, which has been spread over the large area are petrochemicals, Engineering, chemicals, pharmaceuticals, Plastics, IT and Forex etc. There are many large scale public sector units in Vadodara. The city is also having large scale enterprises in private sector, such as Bombardier Transportation (a Canadian manufacturing company for Delhi Metro). Other manufacturing units are General Motors, Linde, Siemens, Sterling Biotech, Panasonic, ALSTOM, ABB Group, TBEA, Philips, FAG, Sun Pharmaceuticals, L&T,Schneider and Alstom Grid, Bombardier, and GAGL (Gujarat Automotive Gears Limited). Thus, these large enterprises need some small units for their business. So, this way it’s increasing the Industrial base and creating the flourished business and jobs opportunities.
Salaries of Professional and others in Vadodara
The Salaries in Vadodara are high to attract the efficient employees over the Gujrat. The project managers are enjoying the high salaries. They are getting the average annual salaries of Rs. 9.8 lakh package. Design Engineers are getting the average annual package of Rs. 4.2 lakh. Mechanical Engineers and Electrical Engineers are getting the average annual package of Rs. 4.8 lakh annually each. Technical Recruiter are getting average annual salary of Rs. 2.1 lakh. Where, the software developer are getting the average annual package of Rs. 1.8 lakh.
If we talk about the degree holders, BTech in Civil engineering and MBA in Finance and Marketing are the high paid professions in Vadodara. Let’s see the salaries of other degree holders with the experience of 0-2 year in the given table.
|Bachelor's Degree||Rs 125000 – Rs 1500000|
|MBA||Rs. 150000 – Rs. 1400000|
|BEng Mechanical Engineering||Rs. 350000 – Rs. 2400000|
|B Com||Rs. 100000 – Rs. 350000|
|MBA HR||Rs. 150000 – Rs.1100000|
|MBA Finance||Rs. 110000 – Rs.7. 36000|
|MCA||Rs. 85000 – Rs. 450000|
|MCom||Rs. 4 40000 – Rs 650000|
Salaries of Professional in accordance with Industry
Talking about the finance sector, although the management enjoyed the thick salaries. among the analyst and executives, the equity analyst enjoy the highest paid job. There are some other professions given in the chart below.
In Education sector, the vadodara is playing an important role in Gujrat. The teachers and professors are paid well in vadodara to retain the best staff. There is chart given below of professionals in Education sectors.