A lot of my friends in Bangalore want to shift to Gurgaon but there are not many openings.
Most of the openings are in Noida but they don't want to go to U.P.

Is this just an exception or is it quite common?
Read more
Reply
71 Replies
Sort by :Filter by :
  • Originally Posted by abc111
    A lot of my friends in Bangalore want to shift to Gurgaon but there are not many openings.
    Most of the openings are in Noida but they don't want to go to U.P.

    Is this just an exception or is it quite common?

    even I know many guys moving to NOIDA leaving Gurgaon.
    reasons are many..
    CommentQuote
  • Dont form opinions on hearsay.
    CommentQuote
  • Here comes again one more bubble burst thread. inb4 38th page..
    CommentQuote
  • Reposting from another thread , there it was stated as a fact, now it has become a question. In the other thread it was postulated that IT jobs are moving out of Gurgaon to Bangalore .In both the cases it is purely on anecdotal evidence disguised as ones opinion .

    and i agree , do not want another bubble burst thread and hence will desist from contributing much beyond this.
    ---------------------------------
    Gurgaon, Noida set to eclipse Bangalore in IT space

    North India has emerged a hot spot for IT and IT-enabled services industry with many large companies setting up their businesses here. While Shimla and Chandigarh are among the top cities with investment potential, it is the National Capital Region, including Gurgaon and Noida, that is becoming the preferred destinations for companies offering IT, ITeS, BPO, BTO and KPO services in various domains such as banking, financial services, insurance, pharma, auto, FMCG and manufacturing.

    According to a study by Assocham, Bangalore may lose its crown of India’s Tech Eden to Gurgaon and Noida. The study showed that leading IT and ITeS vendors prefer to shift their focus from Bangalore to other cities — especially the satellite cities of Gurgaon and Noida — to generate more revenues.

    Assocham interacted with around 800 directors, CEOs, CFOs, chairmen and managing directors of Indian and multinational companies in various verticals with a choice of five cities to relocate their businesses to garner more revenues.


    CONDUCIVE ENVIRONMENT

    As many as 30 per cent of the top-ranked officials of IT companies based out of Bangalore said they prefer to shift their business to Gurgaon. Of the remaining, 25 per cent respondents said they would prefer to shift their base to Noida or Greater Noida which are rapidly developing software and BPO hubs. About 20 per cent said that they would prefer to shift their base to Chandigarh, which offers a conducive business environment.

    Gurgaon’s cosmopolitan culture, modern infrastructure, availability of skilled workforce and proximity to Delhi along with industry-friendly government policies are the factors which give it the edge,” Assocham said. Some of the top names in IT, including HCL, NIIT and Genpact, are based in NCR . “The advantages we see in this part of the country include good infrastructure with better connectivity within the area. Another major enabling factor is the relevant pool of resource/talent available due to the spread of reputed educational institutions in this area,” said the NIIT Technologies spokesperson. The company has 4,700 employees in the NCR region across three offices spread over 7.8 lakh square feet. Himachal Pradesh is portraying itself as an alternative location to the NCR. Nasscom conducted an extensive survey amongst 11 cities/ towns to find out the relative advantages/disadvantages of these cities/towns to attract IT investments.

    The survey discovered that Himachal Pradesh is uniquely positioned to exploit its inherent as well as inculcated plus points for furthering IT in the State.

    The major advantages include excellent power situation, salubrious climate eminently suited to IT industries, capability to increase the pool of skilled manpower, engineering colleges and other educational institutions, low cost of setting up an IT unit as well as low recurring cost (including cost of living).

    SOFTWARE TECH PARK

    Chandigarh and Jaipur are the other emerging cities for IT investors. The Software Technology Park in Mohali is the top exporter of software among the Tier 2 cities in North India. It is also one of the top three software exporters amongst the Tier 2 cities in India. Chandigarh got a boost for IT investments when the Government set up the Rajiv Gandhi Chandigarh Technology Park. “Chandigarh, being one of the first planned cities in India, always had an extremely good civic infrastructure and power situation. The connectivity to Delhi is excellent due to the Shatabdi trains and has, therefore, attracted many companies to consider the Tricity as an alternative location in North India,” says a PwC report.

    http://www.thehindubusinessline.com/...cle4290567.ece
    CommentQuote
  • Noida, Greater Noida generated 87% jobs in UP in 2012: Assocham

    PTI

    LUCKNOW, JAN 15:
    The twin cities of Noida and Greater Noida accounted for a whopping 87 per cent of the total jobs generated in the top six cities of Uttar Pradesh (UP) between January-December 2012, a trend is likely to continue in 2013, says a study by Assocham.

    A total of over 65,300 new jobs were generated in six major cities of — Agra, Allahabad, Aligarh, Kanpur, Lucknow, Noida and Greater Noida — during the year.

    About 31,900 jobs were created in the first six months and about 33,400 jobs in the second half of 2012, according to a sector specific analysis titled ‘Job Trends Across India in 2012’.

    With about 56,800 jobs, Noida and Greater Noida together accounted for about 87 per cent of the jobs created in the state during the period under review, the study said.

    It was followed by Lucknow (over 4,700 jobs, with over 7 per cent), Kanpur (over 1,600 jobs, with about 2.5 per cent), Agra (over 1,300 jobs with about 2 per cent), Allahabad (over 1,100 jobs with over 1.5 per cent) and Aligarh (over 550 jobs, less than 1 per cent share), it added.

    “While 2012 saw a decline of over 21 per cent in the job generation in various sectors of the Indian economy, the job generation growth in UP declined at an average of about 12.5 per cent during the year gone by,” Assocham Secretary General D S Rawat said.

    “A total of over 5.3 lakh jobs were generated during the aforesaid period across India, i.e over 2.8 lakh jobs in first half of the year and over 2.4 lakh jobs during the remaining period of the calendar year 2012,” he said.

    “Delhi and National Capital Region (NCR) topped as over 1.1 lakh jobs were generated between January 1 and December 15, 2012, followed by Mumbai (over 77,000 jobs), Bangalore (over 75,000 jobs), Chennai (over 44,000 jobs) and least number of jobs were generated in Kolkata (over 25,000 jobs) among the top five metro centres,” said Rawat.

    In UP, information technology (IT) and IT-enabled services (IT/ITeS) sector remained on top with over 28,800 jobs, followed by banking, insurance and financial services sector which jointly created over 9,400 jobs followed by academics and education (with about 7,400 new jobs).

    Engineering (over 3,700 jobs), automobile (over 1,800 jobs), real estate (over 1,600 jobs), other manufacturing (over 1,500 jobs), telecom (over 1,000 jobs) and fast moving consumer goods (FMCG-with over 900 jobs) are other significant job generating sectors in UP.

    The Assocham Research Bureau (ARB) sourced their inputs primarily from data tracked on a daily basis for vacancies posted by about 4,000 companies via job portals like timesjobs.com, naukri.com, monster.com, shine.com.

    It also sourced data from job-related advertisements published in national and regional newspapers for about 56 cities and 32 sectors offering job opportunities.


    Business Line : Industry & Economy News : Noida, Greater Noida generated 87% jobs in UP in 2012: Assocham
    CommentQuote
  • urgaon drives Haryana’s economic development: ASSOCHAM

    Though 1 year old news, interesting to note that contribution of gurgaon to haryana economy

    ------------------------------------------------
    Gurgaon drives Haryana’s economic development: ASSOCHAM
    Monday, October 31, 2011

    Gurgaon drives Haryana’s economic development: ASSOCHAM

    With a share of Rs 1,826 crore and over 24,200 assesses Gurgaon accounted for about 23 per cent of total tax worth Rs 8,044 crore realised from 1.7 lakh assesses under the Haryana VAT Act 2003 during 2009-10, apex industry body ASSOCHAM said today highlighting the district’s contribution in state’s economic development.

    Besides, Gurgaon also accounted for about 7 per cent of total tax realised under the Central Sales Tax Act 1956 with a share of Rs 285 crore of the total Rs 4,063 crore. Of the total 1.67 lakh assesses, about 24,000 were from Gurgaon.

    The district also accounted for about 15 per cent of total tax collected under the Passenger and Goods Tax Act 1952 with a share of about Rs 51.88 crore, according to an analysis of The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

    Out of total value of property transferred worth Rs 32,000 crore in Haryana, Gurgaon accounted for about Rs 4,200 crore with about 47,200 registered properties against total of about 5.4 lakh in the whole state.

    Interestingly, Gurgaon accounted for about Rs 14 crore and 60 per cent of total entertainment tax receipts worth Rs 25 crore in Haryana.

    “Gurgaon accounts for a sizeable proportion of total number of large, medium and small units operating throughout the state of Haryana, total investment made in these units and employment generated by these units thereby making the city as one of India’s fastest growing commercial hub,” said Mr D.S. Rawat, secretary general of ASSOCHAM while releasing ‘A Statistical Note on Gurgaon.’

    The district alone accounted for nearly 71 per cent and Rs 30,608 crore out of total exports from Haryana worth Rs 43,031 crore in 2009-10, said ASSOCHAM.

    Software companies based out of Gurgaon accounted for a large part of IT/Software exports worth about Rs 22,700 crore from Harayana in 2009-10 as the city is home to largest number of call centres and business process outsourcing (BPO) companies.

    “Gurgaon being India’s third largest software hub after Bangalore and Chennai. It can be easily transformed into India’s global financial centre to sit alongside global commercial hubs of Manhattan in New York, Ginza in Tokyo and the Square Mile in London,” said Mr Rawat.

    Haryana attracted 73 Foreign Direct Investment (FDI) projects worth about Rs 9,500 crore between April 2005 and December 2010 and Gurgaon accounted for about 80 per cent of this FDI with a share of 38 projects worth over Rs 7,300 crore.

    Gurgaon’s contribution to industrial production in Haryana is between 65 per cent to almost 100 per cent it accounted for over 70 per cent of all exports from the state in 2009-10.

    “The district city contributes substantially to Haryana’s overall industrial production across various manufacturing verticals including automobiles, sports goods, hosiery, water fittings and sewing machine,” said Mr Rawat.

    Gurgaon profoundly contributes to economic progress and financial development of Haryana evidently, as about 35 per cent of all the industrial units operating in the state are based out of Gurgaon with total investment of over Rs 6,450 crore employing about 60,000 people with a production of goods and services over Rs 21,400 crore.

    “Significant investments in business segments like corporate and asset management, back office functions of banking, insurance, capital market, private equity and venture capitalist companies, microfinance establishments are fuelling the industrial growth in Gurgaon,” said Mr Rawat.

    A total 1,356 large and medium units operating in Haryana with an investment of Rs 25,750 crore employing about 2.4 lakh people with a production of over Rs 1.70 lakh crore.

    Nearly 435 units are based in Gurgaon with an investment of Rs 6,450 crore employing about 60,000 people producing goods and services worth Rs 21,400 crore.

    Gurgaon also accounts for over 25 per cent of total small and medium enterprises set up in Haryana during the course of last five years with about 3,140 units out of a total of 12,192 MSME units set up across the state.

    Out of nearly 10,300 registered factories employing 7.41 lakh workers in Haryana in 2009, Gurgaon accounted for over 1,700 factories and 2.28 lakh workers.

    Besides, over 2.93 lakh people were employed in Haryana’s organised private sector in 2009-10 and Gurgaon accounted for about 30 per cent of the total workforce with over 86,200 workers.

    Of about 2.2 lakh commercial establishments, shops, hotels and restaurants employing over 3.3 lakh workers in Haryana, about 1.63 lakh were employed in over 6,500 commercial establishments set up in Gurgaon.

    Out of the total deposits and credits of over 2,100 scheduled commercial banks in Haryana worth over Rs 87,200 crore and Rs 53,600 crore respectively, Gurgaon accounted for about Rs 25,000 crore deposits and Rs 8,800 crore credit of the 260 scheduled commercial banks in the city.

    Of the 2.53 crore population of Haryana as per 2011 census Gurgaon district’s population accounts for 15.14 lakh and has surged by about 73 per cent during the last decade.

    High infrastructural growth with vast pool of IT and ITeS industries, investor-friendly policies, highly skilled, motivated and its relatively low-cost IT labour force and sprawling shopping malls, numerous skyscrapers comprising commercial and residential complexes together with modern infrastructure set Gurgaon apart from rest of the cities.

    By the end of this decade, Gurgaon will develop as an international financial platform to serve India’s growing needs and increase its voice in global financial markets, said ASSOCHAM.
    CommentQuote
  • IT Jobs are less in gurgaon in comparison to noida, But when comes to salary...none of the good paymasters are there in noida while gurgaon has a lot captive IT Units and companies which pay well
    Both, gurgaon n noida can't be compared to Bangalore in terms of job oppurtunities. Having said that, there are very few job options in IT these days silly at senior level. A friend had to leave his current job and it took more than 6 months for him to get a job within NCR and that too at a minimal pay cut.
    I don't see too many companies moving out of gurgaon except a few consultancies moving to manesar instead
    CommentQuote
  • It is true that many IT companies are setting up their shops in noida. Rentals in Gurgaon are already very high as compared to noida. Infrastructure is better in noida be it roads, water or connectivity. Gurgaon has the advantage of exisisting base of MNCs. But when big companies expand lower rentals is big plus for them. Noida has lot of ready building waiting for occupiers. Then on top of that wait for 3 to 4 more years when noida will have couple of lacs of flats where people will be living in. It will serve as ready made man power available for IT industry- most important requirement for this industry. Companies will have no choice......
    CommentQuote
  • Companies won't move all of sudden. Initially companies will open a new office in Noida and then start moving existing operations from Gurgaon to Noida and then full move.
    CommentQuote
  • I am in IT business and when employing for my company in Gurgaon, I have heard recently that security is deterring many professionals to set up a base. This is not specific to Gurgaon but in general to NCR. Recent headlines haven't helped. Even though this does not mean (and I have no evidence) that existing people are moving out of Gurgaon, certainly IT professionals from other parts (Bangalore, Chennai, Pune, Mumbai) are definitely trying to avoid NCR because of perception of a poor security environment for females. I hope city administrator beefs up its act otherwise all we will be left with some black money investors chasing non existent end users.
    Note: I have no concrete data other than anecdotal evidence in several conversations with prospective employees, who could effectively choose to live in any of the IT hub cities (5 including NCR).
    CommentQuote
  • There are more jobs compare to NCR in Bangalore, Pune and South..
    CommentQuote
  • Are IT companies moving out of Gurgaon? - Might be Yes

    Are IT companies moving in Gurgaon? - Definitely Yes

    I know three companies from UK who are planning to open there offshore office in Gurgaon next year. The total number of companies in Gurgaon are increasing every year and will keep increasing because of good connectivity.

    There are some examples, where a company has one office in Gurgaon and they now want to open another center some where else might be in noida or any where else, just to save the cost and diversify.

    There is no doubt about the number of companies and number of employees is going up in Gurgaon. Out of them, some might plan to move out as circumstances changes and everyone has its own POV.
    CommentQuote
  • Originally Posted by anumin
    I am in IT business and when employing for my company in Gurgaon, I have heard recently that security is deterring many professionals to set up a base. This is not specific to Gurgaon but in general to NCR. Recent headlines haven't helped. Even though this does not mean (and I have no evidence) that existing people are moving out of Gurgaon, certainly IT professionals from other parts (Bangalore, Chennai, Pune, Mumbai) are definitely trying to avoid NCR because of perception of a poor security environment for females. I hope city administrator beefs up its act otherwise all we will be left with some black money investors chasing non existent end users.
    Note: I have no concrete data other than anecdotal evidence in several conversations with prospective employees, who could effectively choose to live in any of the IT hub cities (5 including NCR).


    Ask these people to get a life and read it:

    How a bunch of goons ruined my wife's evening - Team-BHP

    Crimes are up everywhere in India. NCR is in limelight coz of New channels operates out of NCR
    CommentQuote
  • Originally Posted by abc111
    A lot of my friends in Bangalore want to shift to Gurgaon but there are not many openings.
    Most of the openings are in Noida but they don't want to go to U.P.

    Is this just an exception or is it quite common?




    -------------

    I think the question should have been ' Are IT companies moving out of India?'

    The answer is YES.
    CommentQuote
  • Originally Posted by matrix_55
    IT careers in North India are just an expensive hobby. Most folks grow tired of it and move south or move out to give their earnings a boost. Rest curse the infidels, grin it and bear it. Only some lucky ones who entered before or near the golden '98 batch of Indian IT are best placed to enjoy it. :)
    If you are a young IT professional shifting to a better location down south - Pune,Chennai, Bangalore, Hyderabad etc is advisable.
    Must you stay in NCR its advisable to stay in Delhi and not Faridabad if you want to target all areas. I would even say never faridabad because you would have guaranteed long distances travel (never good for your spine-ask me) for the 9-5 job and no living pleasure compared to other locations. Place is cheap for sure. But its cheap for a reason.


    May be relevant here.
    CommentQuote