New Delhi, June 9: Salary growth in FY27 is expected to be driven by high-demand sectors such as electric vehicles (EV), financial technology (FinTech), and healthcare, according to a recent industry report highlighting evolving employment and compensation trends in India.
The report indicates that these sectors are witnessing sustained hiring momentum due to rapid technological change, expanding digital ecosystems, and increasing demand for specialised skills. As a result, they are likely to offer stronger salary hikes compared to traditional industries in the upcoming financial year.
At the same time, cities such as Chennai and Pune are emerging as important employment hubs, supported by strong industrial bases, growing startup ecosystems, and rising investments in manufacturing and technology-led services.
Industry experts suggest that the shift reflects a broader transformation in India’s labour market, where salary growth is increasingly linked to sectoral innovation and regional economic development.
Sectors like EV manufacturing, digital payments and fintech services, and advanced healthcare solutions are creating new roles in engineering, data analytics, product development, and clinical innovation, driving competition for skilled talent.
The report further notes that companies are expected to continue focusing on employee retention through competitive compensation, performance-based incentives, and upskilling opportunities.
Overall, the FY27 outlook signals strong wage growth potential in select sunrise sectors and fast-developing urban centres, reinforcing India’s position as a dynamic and evolving job market.