Salary increase in India 2023, by sector

Published by
Manya Rathore,
Feb 22, 2024
The salary increases are expected to decline across most sectors in 2023. The e-commerce industry offers the highest increase in salaries in India at 12.5 percent. It is followed by the IT sector which has consistently been the highest salary payer. Salary hikes in the sector are expected to be 10.8 percent down from over 11.6 percent in 2022. Real estate, transport and logistics, and FMCG sectors are expected to have salary increases in 2023 as compared to 2022.

Salary growth in India in 2022, with projections for 2023, by sector

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Release date

March 2023

Region

India

Survey time period

2022

Supplementary notes

*Projections.

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Statistics on " Wages and salaries in India "

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Overview

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Regional comparison

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Sectoral comparison

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Daily wages

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Salaries

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High-paying jobs

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Topics

Wages and salaries in IndiaStartups in IndiaEmployment in IndiaPoverty and inequality in IndiaThe Indian economy
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