AI/ML jobs may pay up to ₹80 lakh per annum in 2026: Report
The world of technology is rapidly evolving, and artificial intelligence (AI) and machine learning (ML) are at the forefront of this revolution. As these technologies continue to advance and become more integral to various industries, the demand for skilled professionals in these fields is skyrocketing. A recent analysis by Testleaf has shed light on the promising job market for AI and ML roles in India, with predictions of significant salary growth and a substantial number of job openings by 2026.
According to the report, India is expected to host more than a million AI and ML roles by 2026. This is a staggering number, indicating the immense potential for career growth and development in these fields. The average annual salary growth for AI and ML professionals is expected to be around 15-20%, which is significantly higher than the average salary growth in other industries. This growth is a testament to the increasing importance of AI and ML in the modern business landscape.
One of the most exciting aspects of the report is the salary range for senior AI engineers working remotely for US firms. These professionals can earn salary equivalents of ₹60-₹80 lakh per annum (LPA), which is a substantial amount considering the average salary ranges in India. This highlights the opportunities available for skilled AI and ML professionals to work with top-tier companies and earn competitive salaries, even while working remotely.
But what about freshers? The report has good news for them as well. Freshers can expect packages of ₹5-₹9 LPA for AI/ML roles, which is a great starting point for a career in these fields. This range is competitive with other industries and provides a solid foundation for growth and development. As freshers gain experience and skills, they can expect their salaries to increase significantly, making AI and ML roles a lucrative career option.
The report’s findings are not surprising, given the increasing adoption of AI and ML technologies across various industries. From healthcare and finance to retail and manufacturing, AI and ML are being used to improve efficiency, reduce costs, and enhance customer experiences. As a result, companies are looking for skilled professionals who can develop, implement, and manage AI and ML systems.
The Indian government has also been actively promoting the development of AI and ML technologies, recognizing their potential to drive economic growth and improve the lives of citizens. Initiatives such as the National Artificial Intelligence Mission and the establishment of AI research institutes are expected to further boost the growth of the AI and ML industry in India.
The report’s predictions are also in line with global trends. According to a report by Glassdoor, the average salary for AI engineers in the United States is around $141,000 per year, which is equivalent to around ₹1.05 crore. Similarly, a report by Indeed found that the demand for AI and ML skills is increasing rapidly, with a 119% increase in job postings over the past year.
In conclusion, the report by Testleaf highlights the exciting opportunities available for AI and ML professionals in India. With more than a million job openings expected by 2026 and average annual salary growth of 15-20%, the future looks bright for those looking to pursue a career in these fields. Whether you are a seasoned professional or a fresher, AI and ML roles offer a lucrative and challenging career path that is worth considering.
As the world becomes increasingly dependent on technology, the demand for skilled AI and ML professionals will only continue to grow. It is essential for individuals, educational institutions, and companies to invest in developing the skills and knowledge required to thrive in this field. With the right training and experience, AI and ML professionals can unlock a world of opportunities and contribute to the development of innovative technologies that transform industries and improve lives.
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