Projected Salary Increases in India for FY27 Range from 8.6% to 10.2%
India Salary Increments in FY27 to be 8.6-10.2%, EV & FinTech lead

Image: Asianet Newsable
Salary increments in India for FY 2026-27 are expected to range from 8.6% to 10.2%, driven by demand in sectors like EV, FinTech, and Healthcare. Key roles such as electrical engineers may see increases of up to 11.2%. Emerging cities also show significant growth.
- 01Salary increments are projected between 8.6% and 10.2% across various industries in FY 2026-27.
- 02High-growth sectors include EV and EV Infrastructure, FinTech, and Healthcare, with increases up to 10.2%.
- 03Electrical engineers are expected to receive the highest increments at 11.2%.
- 04Chennai is projected to lead city-level salary growth at 9.7%, followed closely by Pune and Hyderabad at 9.6%.
- 05Emerging cities like Visakhapatnam and Nagpur are experiencing strong salary growth due to industrial expansion.
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According to TeamLease Services' report, salary increments in India for FY 2026-27 are expected to range from 8.6% to 10.2%, with high-growth sectors such as Electric Vehicles (EV), FinTech, and Healthcare leading the way. The report, based on data from 1,268 businesses across 23 industries, indicates that electrical engineers may see the highest increments at 11.2%, while roles in sales and marketing are also projected to grow significantly. Emerging cities like Visakhapatnam and Nagpur are expected to benefit from industrial expansion, contributing to a more balanced salary landscape across regions. Chennai is set to lead city-level growth with a projected 9.7% increase, followed by Pune and Hyderabad at 9.6% each. Overall, the findings suggest a shift towards a differentiated salary landscape driven by sector-specific demand and specialized skills, reflecting a more segmented yet balanced employment market.
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The projected salary increments indicate a positive trend in job growth and compensation across various sectors, particularly in emerging cities.
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