Salary increase in India 2022-2024, by sector

Published by Statista Research Department, Sep 4, 2024

The salary increases are expected to decline across most sectors in 2024. The e-commerce industry offers the highest increase in salaries in India at 10.9 percent. It is followed by the financial services sector which has consistently been the highest salary payer. Salary hikes in the sector are expected to be 9.6 percent down from over 10.4 percent in 2022.

Salary growth in India in 2022 and 2023, with projections for 2024, by sector

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

March 2024

Region

India

Survey time period

2022 and 2023

Supplementary notes

*Projections.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Wages and salaries in India "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Wages and salaries in India

Overview

5

Regional comparison

7

Sectoral comparison

4

Daily wages

6

Salaries

4

High-paying jobs

6

Further Content: You might find this interesting as well

Topics

Wages and salaries in IndiaStartups in IndiaEmployment in IndiaPoverty and inequality in IndiaThe Indian economy
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.