Will India Experience Salary Hikes Between 6.2% and 11.3% Across Industries in FY26?
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Synopsis
Discover how India's job market is evolving as employers across various key sectors plan for salary hikes between 6.2% and 11.3% in FY26, with some roles set to see increases reaching 13.8%. This report offers insights into the changing landscape of wages and the roles driving these changes.
Key Takeaways
- The salary growth in India is projected between 6.2 percent and 11.3 percent for FY26.
- Some roles may see hikes up to 13.8 percent.
- High growth sectors include EV, Consumer Durables, Retail, and NBFCs.
- Strong demand for skilled professionals in emerging industries.
- Salary increases are balanced across various functional areas.
New Delhi, July 29 (NationPress) Employers in various key sectors across India are gearing up for significant salary increases this fiscal year, with forecasts indicating increments ranging from 6.2 percent to 11.3 percent. In certain cities and specific roles, salary hikes could be as high as 13.8 percent, according to a report released on Tuesday.
The sectors anticipated to witness the highest salary growth include EV and EV Infrastructure (11.3 percent), Consumer Durables (10.7 percent), Retail (10.7 percent), and NBFCs (10.4 percent), as detailed by TeamLease Services, a company specializing in workforce solutions.
Top positions within these industries forecasted to receive the most significant increases include Electrical Design Engineer (12.4 percent) in EV and EV Infrastructure, In-Store Demonstrator (12.2 percent) in Consumer Durables, Relationship Executive (11.6 percent) in NBFCs, and Fashion Assistant (11.2 percent) in Retail.
“The anticipated salary growth ranging from 6.2 percent to 11.3 percent reflects a significant transformation in India’s employment and wage landscape,” remarked Kartik Narayan, CEO of Staffing at TeamLease Services.
As emerging industries expand rapidly, the demand is shifting towards roles that merge technical skills with direct business impact, Narayan noted.
This trend is driving notable compensation increases, especially in cities like Pune (10.4 percent), Mumbai (10.2 percent), Hyderabad (10.2 percent), Bengaluru (10.1 percent), and Gurugram (10.1 percent), according to the report.
Exceptional salary increments are expected for certain roles in specific cities, such as Quality Control Inspector (13.8 percent) in Pune, MIS Executive (13.4 percent) in Hyderabad, Data Engineer (12.9 percent) in Bengaluru, Electrical Design Engineer (12.6 percent) in Mumbai, and Sales Executive (12.4 percent) in Gurugram.
Across different functional areas, sales and marketing roles are projected to see the highest average salary increment at 9.9 percent, closely followed by engineering at 9.5 percent.
Other essential functions, such as Finance, Customer Service, Back Office, Blue Collar, and HR and Admin, are anticipated to receive moderate raises between 8.2 percent and 8.6 percent, reflecting a balanced growth trend across critical business areas, as highlighted in the report.
The report also indicates a robust rebound in the blue-collar workforce. The fastest-growing blue-collar positions include mechanic (10.4 percent), material handler (10.0 percent), machine operator (9.9 percent), and electrician (9.3 percent), it noted. This analysis is based on data from 1,308 businesses across 23 sectors and 20 cities.
Point of View
I can assert that the projected salary hikes illustrate the dynamic nature of India's employment scene. It reflects the growing demand for skilled professionals in emerging sectors, signifying a positive trend towards more competitive compensation packages.
NationPress
31/07/2025
Frequently Asked Questions
What is the projected salary increase range for FY26 in India?
The salary increases are projected to range from 6.2 percent to 11.3 percent across various sectors.
Which sectors are expected to see the highest salary increments?
The sectors expected to see the highest increments include EV and EV Infrastructure (11.3 percent), Consumer Durables (10.7 percent), Retail (10.7 percent), and NBFCs (10.4 percent).
What roles are expected to receive the most significant salary hikes?
Top roles include Electrical Design Engineer (12.4 percent) in EV and EV Infrastructure, In-Store Demonstrator (12.2 percent) in Consumer Durables, and Relationship Executive (11.6 percent) in NBFCs.
Which cities will see the highest salary increases?
Cities like Pune (10.4 percent), Mumbai (10.2 percent), Hyderabad (10.2 percent), Bengaluru (10.1 percent), and Gurugram (10.1 percent) are expected to experience notable salary hikes.
What does this report indicate about the job market?
The report indicates a significant realignment in India's job market, with a strong demand for roles that combine technical skills with immediate business impact, leading to competitive salary increases.
