Jaipur is a vibrant business centre with a wide variety of businesses and industries. Numerous multinational companies (MNCs) from various sectors, including IT, manufacturing and healthcare are based in the city. The presence of all these MNCs has had a good effect on the Jaipur real estate market, with the demand for residential and office space rising recently. As Jaipur develops as a business destination, the landscape of corporations and the market for homes will likely continue to coexist in the coming years. The economic growth is being actively supported by a large number of MNC companies in Jaipur.
See also: BPO companies in Indore
Business landscape in Jaipur
In Rajasthan, Jaipur has long been a significant hub for trade and commerce and its economy is still expanding and diversifying. Since its inception, the city’s economy has grown beyond its historical emphasis on traditional sectors such as textiles and handicrafts. With substantial contributions from industries including information technology (IT), tourism, construction and manufacturing, Jaipur’s economic landscape has increasingly diversified. In recent years, Jaipur’s IT industry has grown remarkably. Several technology incubators and IT parks have been built to support the expansion of IT businesses and startups.
Top MNC companies in Jaipur
Wipro Infotech
Industry- IT
Sub-industry- IT consulting and system integration
Company type- Multinational corporation
Location- Subhash Nagar, Jaipur, Rajasthan 302016
Founded in – 1982
Wipro is the industry pioneer in terms of system integration and IT consulting. It provides many services, including infrastructure management, business consulting, app creation and cloud computing.
Kirloskar Brothers
Industry- Engineering
Sub-industry- Industrial Machinery
Company type- Public limited
Location- Vishwakarma Industrial Area, Jaipur, Rajasthan 302013
Founded in- 1920
Kirloskar Brothers is an international engineering corporation with its headquarters in Pune, Maharashtra. One of India’s biggest engineering firms, it produces a variety of goods, including pumps that are engines, valves, excavation equipment and turbines, among others.
Amazon
Industry- E-commerce
Sub-industry- Retail
Company type- Public limited
Location- Jhotwara, Jaipur, Rajasthan 302012
Founded in- 1994
Digital video streaming, e-commerce. cloud computing and artificial intelligence are the main areas of interest for Amazon, an international technology business based in the United States.
Aerotime
Industry- IT, Data Analytics, AI, robotics, IoT
Sub-industry- Management, IT, App development
Company type-Â MNC
Location- Vidhyadhar Nagar, Jaipur Jaipur RJ 302039
Founded in- 2021
Airports, airlines and air navigation service providers (ANSPs) can all benefit from Aerotime’s air traffic management (ATM) systems. Systems for training, simulation and aviation data management are among the company’s goods and services.
Infosys
Industry- IT
Sub-industry- Software development
Company type- Multinational corporation
Location- Sanganer, Jaipur, Rajasthan 302037
Founded in – 1981
The top in software development and services worldwide is Infosys. It provides many services, such as cloud computing, managing infrastructure and application development and administration.
Genpact
Industry- IT
Sub-industry- Business process outsourcing (BPO)
Company type- Multinational corporation
Location- Malviya Nagar, Jaipur, Rajasthan 302017
Founded in – 1997
Genpact is a world leader in terms of business process outsourcing (BPO). Finance and finances, customer service and human resources are just a few of the many benefits it provides.
Capgemini
Industry- IT
Sub-industry- IT consulting and system integration
Company type- Multinational corporation
Founded in – 1967
Capgemini is a world leader in system integration and IT consulting. It provides a wide range of goods or services, including management of infrastructure, business consulting, application creation and cloud computing.
Teleperformance
Industry- Business process outsourcing (BPO)
Sub-industry- Customer service
Company type- Privately held company
Location- Sitapura, Jaipur, Rajasthan 302022
Founded in – 1978
An international French business process outsourcing (BPO) firm is called Teleperformance. It provides a wide range of services, such as back-office operations, technical assistance and customer care.
Accenture
Industry- Management Consulting, Technology Services, and Outsourcing
Sub-industry- IT Services and Solutions
Company Type- Public Limited Company
Location- SP-5, EPIP, Sitapura Industrial Area, Tonk Road, Jaipur – 302022, Rajasthan, India
Founded in – 1989
Accenture is a multinational professional services company that provides a wide range of services in management consulting, technology services and outsourcing. Established in 1989, the company has played a pivotal role in shaping the technological landscape of Jaipur. Their office located in Sitapura Industrial Area on Tonk Road serves as a hub for delivering cutting-edge IT solutions and consulting services. With a dedicated team of professionals, Accenture continues to contribute significantly to the city’s technological advancement and economic growth.
Tata Consultancy Services (TCS)
Industry- IT Services, Consulting, and Business Solutions
Sub-industry- IT and Software Services
Company type- Public Limited Company
Location- Plot No. IT-A-007A, IT-A-012A, Mahindra World City (SEZ), Village Kalwara, Tehsil Sanganer, Jaipur – 302037, Rajasthan, India
Founded in – 1968
Tata Consultancy Services, commonly known as TCS, is a global leader in providing IT services, consulting and business solutions. With a rich history dating back to 1968, TCS has been at the forefront of technological innovation. The Jaipur branch, situated in Mahindra World City (SEZ), Village Kalwara, Tehsil Sanganer, has been instrumental in delivering top-notch IT services to various sectors. TCS has been a key player in bolstering Jaipur’s technological infrastructure and enhancing its position as a thriving business hub.
Deloitte
Industry- Professional Services, including Audit, Tax, Consulting, and Advisory
Sub-industry- Consulting and Advisory Services
Company type- Private Limited Company
Location- 7th Floor, Office No. 701-703, Gaurav Tower – A, Malviya Nagar, Jaipur – 302017, Rajasthan, India
Founded in – 1845
Deloitte is a prominent global professional services firm offering a wide range of services, including audit, tax, consulting and advisory. Established in 1845, Deloitte has a rich heritage of providing high-quality professional services. The Jaipur office, located in Gaurav Tower – A, Malviya Nagar, is a strategic hub for consulting and advisory services. Deloitte’s presence has significantly contributed to Jaipur’s professional services landscape, providing valuable insights and expertise to businesses in the region.
IBM
Industry- Information Technology and Services
Sub-industry- IT Solutions and Consulting
Company type- Public Limited Company
Location- D-34, Subhash Marg, Near Ahinsa Circle, C Scheme, Jaipur – 302001, Rajasthan, India
Founded in – 1911
IBM or International Business Machines Corporation, is a global leader in the field of information technology and services. Established in 1911, IBM has a long-standing reputation for innovation and technological excellence. The Jaipur office, situated at D-34, Subhash Marg, Near Ahinsa Circle, C Scheme, is a vital centre for providing advanced IT solutions and consulting services. IBM’s presence has been instrumental in driving technological growth in Jaipur, further solidifying its position as a thriving business and technological hub.
Commercial real estate demand in Jaipur
Office space- The demand for business premises in Jaipur has increased as a result of the presence of MNCs there. Since MNCs began operating in the city, there has been an enormous growth in the demand for office space. As a result, Jaipur now has brand-new office buildings and IT parks.
Rental property- Due to MNCs hiring workers from all over the nation, consumer appetite for rental property has also surged. The cost of renting houses in Jaipur has increased as a result of this.
Impact- In the upcoming years, MNC’s influence on Jaipur’s commercial and residential sectors is anticipated to persist. The need for offices and rental property is projected to grow further when additional MNCs establish operations in the city.
Impact of MNC companies in Jaipur
In Jaipur, MNCs have generated a sizable number of jobs, which has improved the regional economy. Because MNC pay is typically high, this has further enhanced the Jaipur population’s discretionary income. MNCs have contributed to the construction of Jaipur’s infrastructure, including its highways, airports and nuclear power stations. As a result, Jaipur is now better connected to the rest of the nation and is a more desirable area to live and work.
FAQs
Which MNC ranks first in India?
Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, the NCR (New Delhi and Gurgaon) and Pune have Microsoft offices, which ranks first among India's top 25 multinational corporations.
What number of MNCs are there in India?
In India, there are more than 2,90,000 multinational corporations. The following are two of the major MNCs in India: Amazon Development Centre India and IBM India.
What is the MNC salary?
The average employee makes Rs 17,44,704 per year according to the MNC firm salary statistics in India as of September 5, 2023; more specifically, their pay rate is Rs 1,45,392 per month.
Does Jaipur have a strong IT sector?
Jaipur is becoming more well-known as a significant IT hub. Many IT companies are opening operations in Jaipur, as it is an essential hub for engineering colleges.
What is Jaipur's most significant industry?
India's top producer of arts & crafts is Jaipur. Although tourism is the main driver of its economy, the country is also well-known for its luxury textile, gem, jewellery, ready-to-wear and marble industries.
Can I join an MNC after I graduate from high school?
If not at TCS, a 12th-grade graduate can find employment in MNCs. However, the labour could be clerical or non-technical in nature. BPOs also have plenty of job openings available.
What are MNCs' benefits?
By producing identical products at a reduced cost, multinational firms can lower prices and increase the purchasing power of worldwide consumers. Additionally, multinational corporations might benefit from the reduced tax rates offered in nations that welcome their direct investments and the employment they will generate.
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