Which cities and sectors in India pay the highest salaries to freshers and professionals?
When it comes to starting a career in India, one of the most significant factors that can impact a person’s financial stability is the salary they receive. While the cost of living in metropolitan cities like Delhi, Mumbai, and Bengaluru is notoriously high, it’s still important to know which cities and sectors offer the highest salaries to both freshers and professionals.
A recent report by Indeed, a leading job search platform, has shed some light on this matter. According to the report, Chennai offers the highest monthly salary to freshers with 0-2 years of experience, with an average monthly salary of ₹30,100. Hyderabad comes in second, with an average monthly salary of ₹28,500, followed by Bengaluru (₹28,400), Ahmedabad (₹27,300), Chandigarh and Delhi (both ₹26,300).
For employees with 5-8 years of experience, the report reveals that Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai, and Delhi are the cities that offer the highest salaries. The average monthly salary for this experience range in these cities ranges from ₹55,000 to ₹75,000.
So, what are the sectors that pay the most to freshers and professionals? According to the report, IT/ITeS and manufacturing sectors are the top paymasters for freshers. These sectors offer an average monthly salary of ₹28,500 and ₹25,500, respectively, to freshers with 0-2 years of experience.
But why do these sectors and cities offer such high salaries? There are several reasons for this. For one, these sectors are highly competitive and in high demand, which means that companies are willing to pay top dollar to attract and retain the best talent. Additionally, these sectors are often driven by technology and innovation, which requires a high level of skill and expertise. As a result, companies in these sectors are willing to invest in their employees’ development and pay them accordingly.
Another reason why these sectors and cities offer high salaries is because they are hubs for industry and commerce. Chennai, for example, is home to several major IT companies, including TCS, Infosys, and Cognizant, which offer high-paying jobs to freshers and professionals. Similarly, Hyderabad is known for its IT and pharma industries, which are major employers in the city.
Bengaluru, on the other hand, is a hub for startups and entrepreneurship, which is driving the growth of the city’s economy. The city is home to several major tech parks, including the Electronics City and the Whitefield, which are hubs for IT and startup companies. Ahmedabad, meanwhile, is a major manufacturing hub, with several companies in the sector offering high-paying jobs to freshers and professionals.
In conclusion, while there are many factors that can impact a person’s salary in India, the city and sector they work in can play a significant role. According to a recent report by Indeed, Chennai offers the highest monthly salary to freshers with 0-2 years of experience, followed by Hyderabad, Bengaluru, Ahmedabad, Chandigarh, and Delhi. The IT/ITeS and manufacturing sectors are the top paymasters for freshers, offering an average monthly salary of ₹28,500 and ₹25,500, respectively.
As you plan your career in India, it’s essential to consider these factors when choosing a city and sector to work in. With the right combination of skills, experience, and location, you can secure a high-paying job and achieve your financial goals.
