AI/ML jobs may pay up to ₹80 lakh per annum in 2026: Report
The world of artificial intelligence (AI) and machine learning (ML) is rapidly evolving, and India is poised to become a hub for these technologies. According to a recent analysis by Testleaf, the country is expected to host more than a million AI and ML roles by 2026. This growth is not only limited to the number of jobs but also extends to the salary packages, with senior AI engineers working remotely for US firms potentially earning upwards of ₹80 lakh per annum.
The report highlights the significant demand for AI and ML professionals in the industry, driven by the increasing adoption of these technologies across various sectors. As companies continue to invest in AI and ML, the need for skilled professionals who can develop, implement, and manage these systems is on the rise. This has led to a surge in job opportunities, with India emerging as a key destination for AI and ML talent.
One of the most significant aspects of the report is the expected salary growth in the AI and ML sector. The average annual salary growth is expected to be around 15-20%, which is significantly higher than other industries. This growth is driven by the high demand for skilled professionals and the limited supply of talent in the market. As a result, companies are willing to pay premium salaries to attract and retain top talent in the field.
For senior AI engineers working remotely for US firms, the salary packages can be particularly lucrative. According to the report, these professionals can earn salary equivalents of ₹60-₹80 lakh per annum. This is a significant jump from the average salaries in the industry and reflects the high demand for experienced professionals who can work on complex AI and ML projects.
However, it’s not just experienced professionals who can benefit from the growing demand for AI and ML talent. Freshers can also expect attractive salary packages, with reports suggesting that they can earn between ₹5-₹9 lakh per annum for AI and ML roles. This is a great opportunity for new graduates and young professionals to enter the industry and start building their careers in AI and ML.
The growth of the AI and ML industry in India is also driven by the government’s initiatives to promote the adoption of these technologies. The government has launched several programs aimed at developing AI and ML skills in the country, including the National Artificial Intelligence Strategy. These initiatives are expected to further boost the demand for AI and ML professionals and create new job opportunities in the sector.
In addition to the government initiatives, the private sector is also playing a significant role in driving the growth of the AI and ML industry in India. Many top companies, including tech giants and startups, are investing heavily in AI and ML research and development. This investment is creating new job opportunities and driving innovation in the sector.
The report by Testleaf highlights the significant potential of the AI and ML industry in India and the opportunities that it presents for professionals. With the expected growth in job opportunities and salary packages, it’s an exciting time for those looking to build a career in AI and ML. Whether you’re a fresher or an experienced professional, the AI and ML industry offers a range of opportunities for growth and development.
In conclusion, the AI and ML industry in India is poised for significant growth, driven by the increasing adoption of these technologies across various sectors. With the expected creation of over a million AI and ML roles by 2026, the industry presents a range of opportunities for professionals. The attractive salary packages, including the potential for senior AI engineers to earn upwards of ₹80 lakh per annum, make it an exciting time for those looking to build a career in AI and ML.