Top product based companies in India to work for
Product-based companies are the job favorites of a massive portion of India’s youth. Working in such companies provides opportunities to increase one’s skill set. The market for product-based companies is global. This is because the products are catered for worldwide usage, with various locally adjustable customizations. Such companies work towards developing highly efficient solutions to address consumer problems, which promote a healthy and growth-oriented work culture. Job security in product-based companies is comparatively higher than in service-based companies that are client-dependent.
Introduction to product-based companies
A product-based company creates high-quality products according to market and customer needs. As time passes, they focus on upgrading their products and furnishing them with the latest technologies of the current era. There are countless benefits of working in such companies. The co-workers there are mainly students recruited from Tier-1 and Tier-2 colleges in India, along with students from Tier-3 colleges, and other people who possess exceptionally advanced skill sets in such sectors.
One gets to explore the best available technologies, along with high salaries at the same time. The technological field is an inseparable asset of such companies. In these types of companies, pay and perks keep improving with experience. Furthermore, product-based companies are relatively tough to crack due to the high competition and multiple rounds and interviews for numerous available job positions. However, once selected, these companies offer great job satisfaction to employees.
Top product-based companies in India
There are many product-based companies in India, such as Adobe, Intel, Cisco, Amazon, Uber, and Microsoft, to name a few. The following is a detailed list of the best product-based companies in India. These are not rankings but rather a look at their stats and a detailed study of the various pros and cons of working in such companies.
Google was started in 1998 by Sergey Brin and Larry Page. It is headquartered in California, USA. The present CEO of Google LLC, and its parent company, Alphabet, is Sundar Pichai, an IIT Kharagpur alumni. As of 2021, there are about 1,56,000 people employed full-time by Google across the globe. Google LLC (parent company: Alphabet) is valued at around 1135 billion dollars.
This multinational company has seven offices spread out across India, at locations including Hyderabad, Mumbai, Bangalore, Pune, Gurgaon, Chennai, and Kolkata. It boasts of great work culture and work ethic. There are numerous perks of working at google which include onsite meals, recreational spaces, parental leaves, and a lot more. Google offices in India offer great salaries to freshers for technical jobs with base pay ranging anywhere from 5 lakhs per annum to about 20 lakhs per annum. Interested students could also lookup for internships offered for college students by Google India.
Amazon
Amazon was founded by Jeff Bezos in 1994. It is presently headquartered in Seattle, Washington. Currently, Andy Jassy is the CEO of Amazon. It is one of the top product-based companies for freshers as well as for people experienced in the IT sector. As of 2021, Amazon has over 12,00,000 employees and is valued at about 1158 billion dollars as of June 2022.
In India, there are five Amazon offices located in Chennai, Pune, Mumbai, Bangalore, and Gurgaon. The base pay at Amazon in India may range anywhere between 3 lakhs per annum to about 18-20 lakhs per annum. Perks of working at Amazon include paid leaves, health, and dental insurance, work-from-home opportunities, etc.
Microsoft
Microsoft was founded in 1975 by Bill Gates and Paul Allen. Today, it is headquartered in Wahington, USA. The present CEO of Microsoft is Satya Nadella. There are 11 cities in India that house Microsoft offices including New Delhi, Ahmedabad, Kolkata, Bangalore, Chennai, Hyderabad, Kochi, Mumbai, Noida, and Gurgaon. Microsft is worth 1979 billion dollars as of November 2022.
It is one of the leading companies in the world of tech, business, and software development. In fact, it is one of the most attractive companies for any aspiring software developer. There are several perks of working at Microsoft, which include Healthcare assistance, Fitness programs, Child care benefits, Night time allowances, etc. Microsoft internships are also highly sought after by students. Salaries in India range anywhere between 6 to 28 lakhs per annum for various Computer Science related job positions at Microsoft.
Adobe
Charles Geschke and John Warnock founded Adobe in December 1982. The company is headquartered in San Jose, California. The current CEO of Adobe is Shantanu Narayen. Adobe is valued at around 151 billion dollars as of August 2022. The company has many offices in India with major ones in New Delhi, Mumbai, and Bangalore. There are currently about 26,000 employees working for Adobe.
Adobe is famous for its design products all over the world. Adobe Photoshop is the most widely used application for editing photos. Salaries at Adobe in India range from a base pay of about 5 lakhs per annum to more than 23 lakhs per annum for several technical jobs available at the company. Perks of working at Adobe include Bereavement leaves, free lunches and dinners, highly active recreational clubs such as the runners club and the photography club, and Mental health reimbursements to name a few.
Apple
Who does not know Apple? Apple products have become a symbol of status in today’s time. Apple devices like the AirPods, Macbook, iPhone, iPad, Apple smartwatches, etc. are the talk of the town in the developer communities.
Apple, formerly known as the Apple Computer Company, and the Apple Computer, was officially founded on 1st April 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Its headquarter is located in Cupertino, California USA. As per the latest data available, about 1,64,000 employees are working full-time for Apple. Currently, Tim Cook is Apple’s CEO. Apple is the largest technological company in terms of revenue. It is also the first publicly traded company in the world to be valued at over 1 trillion. Perks of working at Apple include subsidized food and transport, stock benefits, etc. Salaries at Apple offices in India begin at the base pay of around 8 lakhs per annum and go up to around 30 lakhs per annum.
Conclusion
These were the top 5 product-based companies in India to work for. Each one of these companies offers high pay, stock grants, and several other perks that attract their future employees. However, there are several other companies like Meta, Flipkart, Uber, and many other new startups to look out for which are almost at the same level as the ones mentioned here or steadily emerging towards becoming the new dominating companies of the market.
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