Average Salary Increase For 2024 In India. The survey revealed that salaries in india are expected to increase by 9.5 percent in 2024, a slight drop compared to the actual increase of 9.7 percent in 2023, in response to market dynamics. Corporate india is expected to offer a salary hike of 9.5% in 2025, similar to the 2024 actual salary increase, as companies are balancing optimism with caution,.

India inc is expected to raise employee salaries by 9.8% in 2024, up from actuals of 9.2% in 2023, with the manufacturing and life sciences sectors likely to pay out the highest. Employees can expect to get paid 9.4 percent.