World · India Bureau
India's wage growth forecast to hold steady at 9.1% through 2026-27
A comprehensive survey suggests Indian organisations will maintain robust salary increases over the coming fiscal year, underpinned by continued economic momentum and competitive talent market pressures.
LSN India ·
India's salary growth is projected to remain resilient at 9.1% during the 2026-27 financial year, according to findings from a broad-based organisational survey. The forecast reflects expectations of sustained wage pressures across the economy as employers compete for skilled talent in a dynamic labour market.
The analysis draws on responses from more than 1,200 organisations spanning 45 industries, providing a comprehensive view of compensation trends across India's formal sector. The participating companies represent a cross-section of industries including technology, manufacturing, services, and other key economic segments.
The projected wage growth rate indicates that employers anticipate maintaining current compensation strategies despite evolving economic conditions. This level of salary increase is expected to help organisations retain staff and attract talent amid ongoing competition in India's employment market.
The survey findings suggest confidence among Indian businesses in their ability to sustain investment in human capital. Wage growth of this magnitude reflects both the continuing demand for skilled workers and the competitive environment prevailing across multiple sectors of the Indian economy.