Vadodara has rapidly transformed into a booming industrial city, now home to numerous multinational companies (MNCs). Over the past five years, the city has recorded impressive growth of 12%, driven largely by the presence of these global players. MNCs have played a pivotal role in shaping the local economy through technology transfer, world-class infrastructure, and the implementation of international business practices.
In the fiscal year 2024–2025 alone, the top MNCs in Vadodara generated revenues exceeding ₹75,000 crore, significantly contributing to Gujarat’s GDP. These companies offer excellent opportunities for students and fresh graduates to launch their careers, thanks to attractive salary packages ranging from ₹18 lakh to ₹45 lakh per annum, structured training programs, and clearly defined career advancement paths.
In 2024 alone, more than 3,500 fresh graduates were inducted by various MNC Companies in Vadodara. Their impact extends beyond employment—they heavily invest in community initiatives, skill development programs, and sustainable business practices. These efforts have created a multiplier effect on the local economy, solidifying Vadodara’s position as a major player in India’s industrial landscape, with influence and growth potential spreading far and wide.
In this blog we will talk about top MNC Companies in Vadodara in depth. Let’s dive in!
Industries Attracting Multinational Investment in Vadodara
Across multiple sectors, these industries are opening up legitimacy to MNC companies in Vadodara:
- Chemicals and Petrochemicals: The strategic and extremely well-developed petrochemical base of Gujarat has led global chemical giants to come up with manufacturing units in Vadodara, where they can easily tap into the skilled, highly competitive manpower as well as the totally integrated supply chain infrastructure of the state.
- Pharmaceuticals and Life Sciences: Due to the large numbers of qualified hands, sound research set-ups, and considerable proximity to ports for exports, this city is becoming a favored city among pharmaceutical multinationals.
- Engineering and Manufacturing: Global engineering giants have set up factories with high capacity in Vadodara, to the benefit of their business, from the talent pull from the area and the excellent infrastructure developed for industries.
- Information Technology and ITeS: This has lured many global technology companies into setting up development centers and back offices in the city. The availability of human power has brought on board experience with regard to capacity in building IT.
- Automotive and Auto Components: Many multinational automotive giants have their manufacturing plants and assembly plants set up, making Vadodara an emerging auto hub for the western part of India.
- Food Processing and Beverages: A modern processing facility set by global food processing companies enjoys the benefit of Gujarat’s agro-products and strategic location for domestic distribution.
List of Top 10 MNC Companies in Vadodara
1. Collabera
- Founder: Hiten Patel
- Industry Served: IT Staffing and Services
- Founded In: 1991
- Headquarter: Basking Ridge, New Jersey, USA
- No of Employees: 16,000+
- Address: 7th Floor, Shapath V, Opp. Karnavati Club, S. G. Highway, Ahmedabad, Gujarat 380015
- Email id: info@collabera.com
- Contact No: +91-79-6134-4000
The company Collabera started operations in 1991 and has transformed into a leading global talent solutions provider which focuses on digital engineering and IT workforce solutions.
The organization produces $750 million in yearly revenue by delivering complete staffing solutions and managed services. Among the prominent MNC Companies in Vadodara, the Indian operations of Collabera offer customized workforce solutions for technology, engineering, and professional domains to serve more than 300 clients across the entire country.
The organization collaborates with 70% of Fortune 500 companies to help various businesses execute digital transformation projects. The workforce at Collabera’s Indian offices consists of 3,000 professionals among its worldwide staff of more than 16,000 personnel.
Key Services:
- IT Staffing and Recruitment
- Digital Engineering Services
- Managed Service Solutions
- Workforce Management
- Technology Consulting
- Training and Skill Development
Employee Benefits: Comprehensive healthcare, professional development programs, flexible work arrangements, and performance-based incentives.
Average Salary Range: ₹3.5 lakhs to ₹14 lakhs per annum depending on role and experience.
Key Job Roles: Software Developers, Project Managers, IT Consultants, Business Analysts, Quality Assurance Engineers, and Data Scientists.
2. Concentrix
- Founder: Peter Concentrix
- Industry Served: Business Services, Customer Experience Solutions
- Founded In: 1991 (acquired by SYNNEX in 2006, spun off in 2020)
- Headquarter: Fremont, California, USA
- No of Employees: 300,000+
- Address: Concentrix Daksha, Plot No. 1, GIDC Savli, Vadodara, Gujarat 391770
- Email id: info.india@concentrix.com
- Contact No: +91-265-6199000
Concentrix established operations in 1991 before becoming a worldwide leader that provides customer experience solutions along with technology-driven business services. The company reached $6.3 billion in revenue during 2024 and maintained steady expansion of its market standing.
The Indian division of Concentrix executes more than 900 programs that serve more than 400 global clients from different sectors such as banking, retail, healthcare, technology and travel across the entire nation.
The organization works with more than 125 Fortune Global 500 enterprises along with thousands of developing businesses to enhance their customer experience capabilities. The Vadodara facility of Concentrix employs 4,500 employees that contribute to its worldwide workforce of more than 300,000 professionals.
Key Services:
- Customer Experience Management
- Digital Customer Support Solutions
- Business Analytics and Insights
- Automation and AI Services
- Back-Office Processing
- Technology Consulting Services
Employee Benefits: Health insurance, career advancement opportunities, wellness programs, transportation facilities, and performance bonuses.
Average Salary Range: ₹2.5 lakhs to ₹15 lakhs per annum based on position and expertise.
Key Job Roles: Customer Service Representatives, Operations Managers, Process Associates, Technical Support Specialists, Quality Analysts, and Team Leaders.
3. Hitachi Energy
- Founder: Venu Nuguri
- Industry Served: Power and Energy Technology
- Founded In: 2020
- Headquarter: Zurich, Switzerland
- No of Employees: 40,000+
- Address: Plot No. 245, GIDC Industrial Estate, Makarpura, Vadodara, Gujarat 390010
- Email id: communications.india@hitachienergy.com
- Contact No: +91-265-2642141
Hitachi Energy launched in 2020 through Hitachi’s acquisition of ABB’s Power Grids business to lead worldwide technology development of power systems and grid solutions. The business operates above $10 billion in yearly revenue as it develops worldwide energy infrastructure systems. As one of the prominent MNC Companies in Vadodara, Hitachi Energy also plays a crucial role in shaping the region’s industrial and technological landscape.
The operations in India under Hitachi Energy delivered more than 500 essential power projects for over 200 clients throughout utilities as well as industries and transportation and infrastructure sectors nationwide.
The organization works with both public sector institutions and private companies that focus on sustainable energy evolution. Hitachi Energy employs approximately 5,000 professionals at its Vadodara manufacturing and R&D facilities as part of its global workforce of over 40,000 experts.
Key Services:
- Grid Automation and Control Systems
- High-Voltage Products and Substations
- Power Transformers and Components
- Energy Storage Solutions
- Grid Integration and Advisory Services
- Digital Power Solutions
Employee Benefits: Comprehensive medical coverage, retirement plans, training programs, educational assistance, and work-life balance initiatives.
Average Salary Range: ₹5 lakhs to ₹30 lakhs per annum depending on specialization and experience level.
Key Job Roles: Electrical Engineers, Project Managers, R&D Specialists, Manufacturing Technicians, Quality Control Experts, and Business Development Professionals.
4. HCL Technologies
- Founder: Shiv Nadar
- Industry Served: IT Services and Consulting
- Founded In: 1991
- Headquarter: Noida, Uttar Pradesh, India
- No of Employees: 225,000+
- Address: HCL Technologies Ltd., Makarpura GIDC, Vadodara, Gujarat 390010
- Email id: info@hcl.com
- Contact No: +91-120-6125000
HCL Technologies started its operations in 1991 before evolving into a worldwide technology leader, which reached $13.1 billion in annual revenue during fiscal year 2024. The organization achieves continuous expansion by delivering a wide range of IT and engineering services.
HCL’s Indian operations delivered 2,000 digital transformation projects to more than 800 clients who operate in banking, manufacturing, healthcare, retail, and aerospace industries all across the country.
The corporation collaborates with over 250 Fortune 500 and Global 2000 organizations, as well as various enterprises that require technological innovation. The Vadodara center of HCL has 3,000 staff members working within its worldwide talent pool of 225,000 professionals.
Key Services:
- Digital Business Transformation
- Cloud Services and Infrastructure Management
- Engineering and R&D Services
- AI and Data Analytics Solutions
- Cybersecurity and GRC Services
- Enterprise Application Services
Employee Benefits: Comprehensive healthcare plans, global career opportunities, continuous learning programs, stock options, and flexible work arrangements.
Average Salary Range: ₹4.5 lakhs to ₹35 lakhs per annum based on role, specialization, and experience.
Key Job Roles: Software Engineers, Technical Architects, Business Analysts, Cloud Specialists, Cybersecurity Experts, and Program Managers.
5. Wipro
- Founder: M.H. Hasham Premji
- Industry Served: IT Services, Consulting, and Business Process Services
- Founded In: 1980
- Headquarter: Bengaluru, Karnataka, India
- No of Employees: 240,000+
- Address: Wipro Ltd., Plot No. 2, GIDC Electronics Estate, Makarpura, Vadodara, Gujarat 390010
- Email id: info@wipro.com
- Contact No: +91-80-28440011
Wipro started its IT services in 1980 and developed into a worldwide leading firm for information technology consulting and business process services which brought in $11.2 billion in annual revenue during fiscal year 2024. Wipro’s Indian operations delivered technology transformation projects numbering over 1,800 to 700 clients from various sectors including banking, retail, energy, healthcare and manufacturing throughout the nation.
Through its partnership with Fortune 500 companies and its assistance to various businesses in their digital transformation, Wipro has established itself as a leading global IT and consulting service provider producing $11.2 billion in annual revenue for FY 2024.
Wipro maintains a workforce of 2,500 individuals at its Vadodara facility as part of its worldwide staff base that exceeds 240,000 people who work in 66 countries. Its presence, along with other major MNC Companies in Chennai, underscores the growing influence of global corporations in India’s leading tech hubs.
Key Services:
- Digital Strategy and Transformation
- Cloud Engineering and Services
- Application Management and Development
- Business Process Outsourcing
- Product Engineering and IoT Solutions
- Cybersecurity and Risk Management
Employee Benefits: Medical insurance, retirement benefits, performance bonuses, skill development programs, and employee stock ownership plans.
Average Salary Range: ₹3.5 lakhs to ₹32 lakhs per annum depending on role hierarchy and expertise.
Key Job Roles: Software Engineers, Solution Architects, Project Managers, Business Consultants, Data Scientists, and Cybersecurity Specialists.
6. Siemens
- Founder: Werner von Siemens
- Industry Served: Industrial Manufacturing, Infrastructure, Energy, and Healthcare Technology
- Founded In: 1847
- Headquarter: Munich, Germany
- No of Employees: 300,000+
- Address: Siemens Ltd., Maneja, Vadodara, Gujarat 390013
- Email id: corporate.communications.in@siemens.com
- Contact No: +91-265-2330610
The industrial technology company Siemens traces its start in 1847 to become a global technology leader that delivers industrial automation and digitalization solutions with electricity expertise while achieving €84 billion in revenue for fiscal year 2024. Among the notable MNC Companies in Vadodara, Siemens stands out, with its Indian operations having completed more than 1,500 infrastructure and industrial undertakings which benefit over 600 clients across energy, manufacturing, transportation, and healthcare sectors all throughout the nation.
The company works together with sustainable industrial development-focused government bodies and private organizations. Siemens maintains operations at its Vadodara manufacturing facilities and R&D center with 7,000 employees who are part of the global workforce which exceeds 300,000 people in 190 countries worldwide.
Key Services:
- Industrial Automation and Digitalization
- Smart Infrastructure Solutions
- Power Generation and Distribution
- Building Technologies
- Mobility Solutions and Rail Automation
- Healthcare Diagnostic Equipment
Employee Benefits: Comprehensive healthcare coverage, pension plans, professional development opportunities, global mobility programs, and work-life balance initiatives.
Average Salary Range: ₹6 lakhs to ₹40 lakhs per annum based on specialization and experience level.
Key Job Roles: Electrical Engineers, Automation Specialists, R&D Professionals, Project Managers, Software Developers, and Business Development Executives.
7. Schneider Electric
- Founder: Eugène Schneider
- Industry Served: Energy Management and Industrial Automation
- Founded In: 1836
- Headquarter: Rueil-Malmaison, France
- No of Employees: 150,000+
- Address: Schneider Electric India Pvt. Ltd., Plot No. 243, GIDC Makarpura, Vadodara, Gujarat 390010
- Email id: customercare.in@schneider-electric.com
- Contact No: +91-265-2642484
Schneider Electric was established in 1836 and has transformed into a global specialist in energy management and automation generating annual revenues of €34.5 billion in 2024. Schneider’s operations in India have successfully undertaken over 1,200 energy efficiency and automation projects across various sectors including buildings, data centers, industries, and infrastructure for more than 500 clients across India.
The company collaborates with 180+ Fortune 500 companies and thousands of enterprises focusing on sustainable energy solutions. Schneider Electric employs about 4,500 professionals in its Vadodara manufacturing and R&D locations in India as part of a global workforce of more than 150,000 people serving customers in over 100 countries.
Key Services:
- Energy Management Systems
- Industrial Automation Solutions
- Smart Grid Technologies
- Power Distribution Equipment
- Building Management Systems
- Sustainability Consulting Services
Employee Benefits: Health insurance, retirement benefits, learning and development programs, global rotation opportunities, and flexible working arrangements.
Average Salary Range: ₹5 lakhs to ₹35 lakhs per annum depending on role and experience level.
Key Job Roles: Electrical Engineers, Automation Specialists, R&D Professionals, Sales Executives, Solution Architects, and Project Managers.
8. Larsen & Toubro (L&T)
- Founder: Henning Holck-Larsen and Søren Kristian Toubro
- Industry Served: Engineering, Construction, Manufacturing, and Technology Services
- Founded In: 1938
- Headquarter: Mumbai, Maharashtra, India
- No of Employees: 85,000+
- Address: L&T Heavy Engineering, Hazira Manufacturing Complex, Surat, Gujarat 394510 (nearest major facility to Vadodara)
- Email id: info@larsentoubro.com
- Contact No: +91-22-67525656
Larsen & Toubro started operations in 1938 and matured into India’s largest engineering and construction conglomerate having an annual revenue scale of ₹183,000 crores (approximately $22 billion) in the financial year 2024.
Contractors in L&T’s portfolio executed over 3,500 infrastructure, power, defense, and heavy engineering projects for more than 1,000 clients in public and private sectors across India and beyond.
The organization teams up with government entities and corporations keen on nation-building and infrastructural development. Within its operations in Gujarat including Baroda, L&T employs about 5,000 professionals as part of a country-wide workforce of over 85,000 across various sectors.
Key Services:
- Infrastructure Development and Construction
- Power Transmission and Distribution
- Heavy Engineering and Defense Manufacturing
- Hydrocarbon Engineering Services
- Smart World and Communication Systems
- Realty and Building Construction
Employee Benefits: Comprehensive medical coverage, retirement plans, housing benefits, performance-linked incentives, and career advancement opportunities.
Average Salary Range: ₹5 lakhs to ₹45 lakhs per annum based on business vertical and experience level.
Key Job Roles: Civil Engineers, Mechanical Engineers, Electrical Engineers, Project Managers, Design Engineers, and Procurement Specialists.
9. Tata Consultancy Services (TCS)
- Founder: F.C. Kohli
- Industry Served: IT Services, Consulting, and Business Solutions
- Founded In: 1968
- Headquarter: Mumbai, Maharashtra, India
- No of Employees: 615,000+
- Address: TCS Garima Park, Near Urmi Crossroads, Productivity Road, Vadodara, Gujarat 390020
- Email id: corporate.communications@tcs.com
- Contact No: +91-22-67789999
TCS started operations in 1968 and has grown into the largest IT services and consulting firm in India with an annual revenue of $28.1 billion for the fiscal year 2024. The organization has seen sustained growth with its all-round portfolio of technology and business solutions.
TCS’s Indian operations are involved in digital transformation in over 5,000 projects across banks, insurance companies, and retail, manufacturing, and health sectors for more than 1,200 clients in the country.
The organization works with more than 300 Fortune 500 companies and many others, who are in search of technological innovation. TCS employs approximately 6,000 professionals in its Vadodara development center, which is part of its global workforce of over 615,000 consultants working in 55 countries.
Key Services:
- IT Consulting and Enterprise Solutions
- Digital Transformation Services
- Cloud Migration and Management
- Artificial Intelligence and Analytics
- Cybersecurity and Risk Management
- Banking and Financial Services Solutions
Employee Benefits: Comprehensive healthcare, global career opportunities, continuous learning programs, retirement benefits, and performance incentives.
Average Salary Range: ₹3.8 lakhs to ₹30 lakhs per annum depending on role and experience level.
Key Job Roles: Software Engineers, Business Consultants, Project Managers, Systems Architects, Data Scientists, and Domain Specialists.
10. Mastercard
- Founder: United California Bank, Wells Fargo, Crocker National Bank, and the Bank of California
- Industry Served: Global Payments Technology
- Founded In: 1966
- Headquarter: Purchase, New York, USA No of Employees: 29,900+
- Address: Mastercard Technology Hub, Alembic City, Gorwa, Vadodara, Gujarat 390023
- Email id: india.communications@mastercard.com
- Contact No: +91-22-61784100
Mastercard, an American company, came into existence through the establishment of a collaborative credit card organization in 1966. Today, Mastercard stands as a world technology company in the payment business with revenues amounting to $25.1 billion in 2024.
In India, Mastercard has provided over 800 payment technology solutions across banking, fintech, retail, and government sectors to more than 300 clients across the country.
The company collaborates with financial institutions and merchants, and the government is undertaking such programs for the digitalization of the payment system. Within the Vadodara technology hub, which has become a prime location for MNC Companies in Vadodara, Mastercard employs about 2,500 people as part of its 29,900-strong global workforce serving customers in 210 countries and territories worldwide.
Key Services:
- Payment Processing Networks
- Digital Payment Solutions
- Fraud Prevention and Security Services
- Data Analytics and Insights
- Financial Inclusion Initiatives
- Merchant Services and Solutions
Employee Benefits: Comprehensive medical coverage, retirement plans, stock purchase program, flexible work arrangements, and professional development opportunities.
Average Salary Range: ₹7 lakhs to ₹40 lakhs per annum based on specialization and experience level.
Key Job Roles: Software Engineers, Data Scientists, Product Managers, Cybersecurity Specialists, Business Analysts, and Financial Solutions Experts.
The Impact of MNCs: Driving Growth and Opportunity in Vadodara
The impact of MNC companies in Vadodara economy is multidimensional:
- Multiplier Effect: MNCs create direct jobs for approximately 3 to 4 jobs created indirectly in supportive industries like transport, hospitality, and retail, thus stimulating the whole economic ecosystem.
- Technology Transfer and Innovation: The international corporations have brought in advanced technology, manufacturing processes, and management practices to overall uplift the industrial capabilities in the region while at the same time generating cross-sectoral innovation.
- Infrastructure Development: The establishment of huge manufacturing companies and corporate office premises served as catalysts for infrastructure development projects, including better road connectivity, assured power supply, strong telecommunication, and urban amenities in Vadodara.
- Export Contribution: The top 10 mnc companies in Vadodara together export goods and services worth ₹12,000 crore a year, thus, adding to India’s reserves of foreign exchange and consolidating the position of Vadodara as an export hub.
- Skill Development Ecosystem: The companies have nurtured a total skill development ecosystem via partnership with educational institutions, setting up of specialized training institutions, and global certification program implementation for local workforce development.
- CSR Initiatives: Thereby engaging requisite minimum levels of CSR expenditure, these multinationals have made significant investments into various community development projects generally pertaining to education, healthcare, and environmental sustainability, thus stepping in to fill in some of the serious social voids within and around Vadodara.
Exploring Career Opportunities at MNC Companies in Vadodara
MNC companies in Vadodara provide varied and rewarding career options for the job seekers and professionals at any level.
- Competitive Salary: These organizations usually offer pay packages that are anywhere between 20-30% higher than the regional average of salaries, health benefits, retirement plans, and performance-linked bonuses, creating an attraction for talents from all over India.
- Global Exposure and Mobility: Many such multinationals offer international assignments, global training programs, and cross-cultural project collaborations, expanding the horizons of their professionals and therefore enhancing their career prospects.
- Highly Specialized Technical Roles: From R&D scientists to automation engineers, and eventually digital transformation specialists and AI specialists—these companies will always create highly specialized technical positions so that professionals can develop deeper domain knowledge.
- Leadership Development: Leadership development programs and mentorship programs are powered by set structures and pathways for career advancement, allowing ambitious professionals to succeed through the ranks in a systematic manner.
- Work Culture and Environment: These organizations uphold world standards for work and environmental facilities, stress work-life balance, flexible options, and inclusivity honoring diversity.
- Industry-Academia Linkage: Most MNC companies in Vadodara engage in campus recruitment, run internship placements, sponsor research projects, and collaborate with universities to formulate curricula matching industry expectations.
Conclusion
The tremendous rise of MNC companies in Vadodara testifies to the fact that the city is fast becoming an attractive investment destination for global corporations. These companies have not only provided direct employment opportunities but have also become a transformation engine for the economy through technology transfer, skill training, and infrastructure development. As Vadodara strengthens its position in the global industrial map, the symbiotic relationship between these multinationals and the local ecosystem promises continuous growth and development.
The growing presence of MNCs in Vadodara thus offers new vistas for career advancement, business opportunities, and innovation collaborations for professionals, students, and entrepreneurs. The outlook for the future appears bright, and the buzz suggests that several multinationals are examining the possibilities of expansion; new entrants are eyeing Vadodara as their next investment destination. This momentum of investment will further seal Vadodara’s reputation as a live industrial hub where global talent meets local talent.
FAQs
Which Among them have the most strong presence of their MNC companies in Vadodara?
MNC concentration in Vadodara is highest for sectors including engineering and manufacturing, chemicals and petrochemicals, pharmaceuticals, and information technology.
What is the average salary package offered to a fresher with an MNC placed in Vadodara?
Fresh graduates would generally be offered an annual salary package in the range of INR 4.5 lakh to INR 18 lakh, depending on their qualifications, skills, and for what particular position they have been hired.
Does MNC provide internship opportunities to the local students of Vadodara?
mnc companies in Vadodara have organized programs of such internships and provide around 2000 internship openings every year in various subjects of specialization.
What are some attractive factors for multinational companies to come into Vadodara for doing business?
Availability of skilled workforce, location with easy accessibility, strength of industrial infrastructure, government policies, and operational cost advantages when compared with metro cities.
How do local businesses benefit from the existence of MNC companies in Vadodara?
Local businesses benefit through supplier contracts, technology partnerships, increased consumer spending from employees, business services requirements, and overall economic multiplier effect generated from large multinational operations.
