Explore Top Companies in Mumbai
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A One Model Making Company offers a wide range of scale model-making services, including architectural model-making, industrial model-making, marine m...
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Perfios Software Solutions is India’s largest SaaS-based B2B fintech software company enabling 900+ FIs to take informed decisions in real-time....
Peacemedia (Exhibition service providers) With an experience of over 15 years we specialize in Stall Design, Trade shows and Brand Activation in Mumba...
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Digital Trilesh Poojary is a digital marketer in Kandivali, Mumbai. He has done his advanced digital marketing course from DGmark Institute, Goregaon,...
InTouch Digital Marketing Institute is India's first offline digital marketing institute which provides training on real time businesses in collab...
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LAKSN Technology is an IT Company providing Software/ Web Development, Mobile Application Development and High-end Design & Multimedia Solutions....
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Techdzine is one of the fastest growing SEO company in Mumbai. We do an on-site audit of your website and prepare a plan for the changes. Techdzine ha...
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Global I Web Solution well know Best IT companies in Mumbai and India, We are located in Mumbai. Global I Web had registered and established in the ye...
About ORM Expert ‘Google’ is not just a noun anymore, it’s an action verb that means looking up something on the internet. A regular consumer will not...
An MBA Program that prepares you for the next stage of your career! We, at NMIMS Global, take immense pride in offering you diverse programs that t...
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Intivion.com provides comprehensive Brokerage Technology Solutions to help you succeed. Our solutions are tailored to meet your individual needs and p...
He specializes in digital inbound marketing tactics including website development, search engine optimization, Google AdWords, social media optimizati...
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Digital Rohan Chauhan is a digital marketer in Dahisar, Mumbai. He has done his advanced digital marketing courses from DGmark Institute, Gorega...
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IM Buildcon is a well-known name amongst top real estate builders in Mumbai, noted for innovation, lucidity, and perfection, among many other qualitie...
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Rannka Digital is a leading digital marketing agency in Borivali, Mumbai. We specialize in providing tailored services to enhance the online presence...
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A Social Media Marketing For Hospitality and Online Marketing Agency in Mumbai. Focused on ROI Driven Google Ads and Social Media Marketing Services....
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Pulse Solutions helps accelerate growth through custom software solutions that solve specific business problems. We often integrate disconnected syste...
We are a Website Design & Digital Marketing Agency based in Mumbai helping start ups and businesses achieve a greater overall presence by managing...
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Mumbai Freelancer is your SEO specialist in Mumbai that helps your business soar in the city of dreams! Billions of searches are made on search engine...
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Yaaaro Website and software Designing - Development” are one of the Reputed Website and software Designing - Development Consultants in India -...
Capri Loans is among the leading non-banking financial companies or NBFCs in India. They are renowned for offering flexible gold loans, home loans and...
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As a branding and innovative promoting organization, we are ‘The Best International Marketing Agency’ progressing in the direction of sustaining and e...
Digital Shubham Gupta is a certified digital marketer in Goregaon, Mumbai. He has completed his advanced digital marketing course from dgmark institut...
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Digital Ummehani Sayed is a Certified Digital Marketer based in Mumbai. She has completed her Advance Digital Marketing Course from DGMark Instit...
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The IT Industry in Mumbai: General Portrait
Mumbai is India’s economic capital and among some of the most developed tech centers in Asia. But even though it would be expected for the FinTech industry to be the main contributor to the local economy, the tech sector is surprisingly surpassing all other industries and is considered the top key industry.
According to Indiatimes, Mumbai has one of the highest tech job opportunity growth in Asia, and more exactly 32.5% which makes it a promising place for both tech companies and skilled professionals. However, investors are somewhat cautious in investing in tech startups and rather prefer to bid on solid and sustainable business - the main reason for that being the unstable startup ecosystem. With all these, the Mumbai tech industry still manages to attract new professionals, especially those who are returning from overseas, with rich experience in the field.
According to payscale, the tech average wage in Mumbai is estimated to be 804K INR or almost $11000 USD/year, but of course, it may vary from company to company. The high competition among Indian tech companies lead to lower prices/project and lower hourly rates which also means that Mumbai is a good place to find IT and software companies that charge lower than other western companies per project.
At the same time, one of the biggest challenges IT companies face is the talent shortage, which reached in 2020 critical levels. According to the same source, the shortage of entry-level devs was 46,6%, middle level - 33.87%, and senior-level over 19%. The problem is expected to be solved in the near future mainly because of young professionals that graduate from tech universities in Mumbai and also due to talent migration within India.
In case you are searching for a partner for a tech project in India, Mumbai is surely one of the best destinations you should explore.