Payday winners: India’s salary hikes projected at 8.6%-10.2%; who gets the most?
A new report projects salary hikes in India between 8.6% and 10.2% for the upcoming fiscal year, with the highest growth expected in the EV, fintech, and engineering sectors. Technical roles are particularly favored due to sustained demand for specialized skills.
Why it matters
These projections provide insight into India's labor market trends and the sectors driving economic growth and professional compensation.
The year’s deadlines, late nights and endless to-do lists all lead to one prized moment — appraisal season. The big question: who gets the biggest slice of the payday pie?Salary hikes may not be hitting double digits across the board next year, but for professionals in electric vehicles, fintech, healthcare and engineering, the pay outlook looks brighter than most. A new TeamLease Jobs and Salaries Primer report projects salary increments of 8.6% to 10.2% across industries in FY26-27, with fast-growing sectors and technical roles expected to stay ahead of the curve.The report shows that industries riding on expansion and infrastructure demand are likely to deliver the biggest pay increases.
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