Good news for skilled workforce in capital markets – Goldman Sachs increasing employment in India

Goldman Sachs is a world-renowned investment banker with branches all over the worldand employs individuals of all skills levels and prides itself in being anequal opportunity employer. It has a presence in India, in Bengaluru, from morethan two decades and serves Indian clients. About 6,000 people are employed inthis branch. This campus is the company’s third-largest campus in the world.Some of the clients served by Goldman Sachs Bengaluru office include Reliance,ArcelorMittal, and Flipkart.

Reiterating its faith in India and its workforce, GoldmanSachs’ representatives sat together with Hyderabad’s IT and Industries MinisterK T Rama Rao and IT Secretary Jayesh Ranjan via videoconferencing, andexpressed its plans to open a new office in the state. The government officialspromised complete support from their side for their plans and expressed theirdelight via official Twitter handle. The new branch will be a complement to theprimary branch in Bengaluru and will be complementing in the company’sexecution and support roles.

The motivation for the company is to diversify its geographicpresence as well as enhance talent search. The company seems to have grand aimsas it is mobilizing to be ready for bigger projects in the future. 

Also Read: Investors disregard COVID-19 as Initial Public Offers get oversubscribed

As per theoffice requirements, the company requires commercial real estate, residencesfor employees, availability of talented human resources, quality infrastructurein the city as well as support and commitment from the local government.

 As per the timeline, the new office is expected to beginoperations in the second half of 2021. About 500 employees will be hired, andthe scope for future expansion has not been ruled out. For college students,the website of Goldman Sachs advises to appear in the college placements aswell as keep track of the jobs bulletin available on the website. Forexperienced professionals, they are advised to identify one or more suitablejobs and upload their latest resume. For learning more in-depth, the companyblog may be referred.